Hasan Nawaz discharged from UK bankruptcy with no charges filed

Hasan Nawaz’s bankruptcy was discharged on April 29, 2025, making him legally eligible to resume business activities Express News screengrab shows PM Nawaz’s son Hassan Nawaz appearing before the Panama Papers JIT. Listen to article The United Kingdom’s Revenue and Customs (HMRC) has officially concluded the bankruptcy proceedings of Hasan Nawaz Sharif, son of PML-N President and…

Proof & Company Australia enters administration

Proof & Company has announced its Australian business has entered voluntary administration. One of Asia Pacific’s leading independent spirits companies, Proof & Company has offices in Singapore, Hong Kong, Shanghai, Beijing, Auckland and Christchurch. Its Australian offices are in Melbourne, Sydney and Adelaide. Brands that have partnered Proof & Company Australia in recent years include…

Gensol Engineering Shares Locked in 5% Upper Circuit After IREDA Files Insolvency Plea Against Firm

Earlier in the week, Gensol’s Managing Director, Anmol Singh Jaggi, and Whole-time Director, Puneet Singh Jaggi, resigned from their positions following an interim order by the Securities and Exchange Board of India (SEBI). The order alleged that the Jaggi brothers diverted funds intended for purchasing electric vehicles for their affiliate, BluSmart, for personal use, including…

Gensol Goes Bankrupt; Ireda Says Application Filed

New Delhi: Indian Renewable Energy Development Agency (Ireda) on Wednesday said it has filed a bankruptcy application against beleaguered Gensol Engineering before the National Company Law Tribunal. According to a regulatory filing, Ireda has filed an application on May 14, 2025, under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Gensol Engineering Limited,…