Insolvency vs Cheque Bounce: Bombay HC Clarifies Liability

Facts This case involves a criminal writ petition filed by Ortho Relief Hospital and Research Centre against M/s. Anand Distilleries and its Directors. The petitioner, a hospital, had extended a short-term loan of Rs. 15,00,000/- to the respondents in October 2015. Towards security, the respondents issued a post-dated cheque for the same amount. The petitioner…

at a high level, but losing steam

Macroeconomic environment for businesses The French economy is confronted with a weakening in demand… Domestic and foreign demand for French goods and services is losing steam. While demand contributed 2 percentage points (pp) to GDP growth between 2022 and 2024, it slowed significantly in 2025 (−0.6 pp at the end of the second quarter). This…

Sobah enters voluntary administration – Drinks Digest

Pioneering Australian non-alcoholic craft brewery Sobah Beverages has entered voluntary administration. Founded in 2017 by directors and co-owners Clinton Schultz and Lozen McDiarmid, Sobah grew from small-batch beginnings to establishing a national presence. In August 2023, Sobah opened its own brewery on the Gold Coast, a significant milestone in its journey. However, the brewer said…