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Hiremaster was often used to supply furniture and decor to weddings. (File photo) Photo: bondvit/123RF The liquidation of Wellington event equipment hire company Hiremaster has sparked concerns for event planners. Hiremaster went into liquidation on August 14 after more than 70 years in business. David Ruscoe and Adele Hicks of Grant Thornton were appointed as…
The National Company Law Tribunal (NCLT) has officially initiated the Corporate Insolvency Resolution Process (CIRP) against real estate developer Mahagun (India) Private Limited. The decision, pronounced on August 5, 2025, comes after the company failed to repay a significant outstanding debt of over ₹260 crore. The application to the tribunal was filed by IDBI Trusteeship…
The Chandigarh Bench of the National Company Law Tribunal recently admitted a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Palchan Bhang Power Private Limited (PBPPL), initiating the Corporate Insolvency Resolution Process (CIRP). The plea was filed by entities who claimed to be financial creditors of the company, namely, Ashirwad…
Business Debt Ninjas helps small businesses reduce Merchant Cash Advance (MCA) debt by up to 80% without new loans or upfront fees, offering a quick path to financial relief for struggling entrepreneurs. United States, August 18, 2025 — The MCA Challenge Facing Small Businesses Small businesses across the United States are encountering significant challenges due…
NCLAT clears insolvency for Supertech Realtors’ Supernova project in Noida Prop News Time Read the original article here
Emergency housing moteliers go bankrupt Stuff Read the original article here
The Chennai bench of the Debts Recovery Tribunal(DRT) directed to admit application filed by financial creditor under section 126 (1) of the Insolvency and Bankruptcy Code, 2016 (IBC) on observing that Tribunal being the Adjudicating Authority had rejected the repayment plan under Section 114, the debtor and the creditors are entitled to file an application…
Navigating Singapore’s Economic Headwinds: Why Insolvency Protection is No Longer Optional Singapore Business Review Read the original article here
Aussie influencer’s fashion brand collapses into administration msn.com Read the original article here