Whisky bottler Chapter 7 collapses amid cashflow crisis

After more than a decade in operation, Scottish independent whisky bottler Chapter 7 has gone into liquidation due to cashflow pressures and a downturn in sales. Chapter 7’s Monologue whisky range Kevin Mapstone and Kenneth Craig of insolvency specialist Begbies Traynor were appointed joint liquidators of Paisley-based Chapter 7 on 2 October 2025. Founded by…

Indonesia’s high-speed rail operator, struggling with debts, will get state support — report

KUALA LUMPUR (Nov 5): Indonesia’s high-speed train operator is struggling with debts and the government will step in with financial support, the Straits Times reported on Wednesday. The consortium operating the service, Kereta Cepat Indonesia China, is currently in advanced talks to restructure around 85 trillion rupiah (RM21 billion) in debts with China Development Bank…

NCLT Admits IDBI Bank’s Petition, initiates CIRP against Wind World Infrastructure for Default of over ₹55 Crore [Read Order]

The National Company Law Tribunal (NCLT), held that the petition filed by IDBI Bank was within the period of limitation, as the Corporate Debtor had acknowledged the debt in its audited balance sheets for multiple financial years. Each such acknowledgment, under Section 18 of the Limitation Act, 1963, was construed to have extended the limitation…