Wbg appoints Insolvency Director | Glasgow Chamber of Commerce

13 Oct 2025 Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has appointed Gordon McIntyre as Insolvency Director based in its Glasgow office. With extensive experience in all forms of corporate insolvency procedures (administrations, court winding up orders and creditor voluntary liquidations) across a broad range of sectors, including manufacturing, commercial and residential…

NCLAT sets aside private sale of Corporate Power Ltd

The National Company Law Appellate Tribunal (NCLAT) has set aside the private sale of Corporate Power Ltd (CPL) to Orissa Alloy Steel Private Limited (OASPL), citing procedural lapses and lack of transparency in the liquidation process. The tribunal has directed the liquidator to conduct a fresh Swiss Challenge auction within 60 days. The ruling came…

MPS declared bankrupt – Label and Narrow Web

By order of the District Court of Gelderland dated, four companies in the MPS Group have been declared bankrupt. According to the courts in a filing on October 28, 2025, MPS Holding, MPS Systems, MPS Service & Commissioning and MPS Supply Chain have been declared bankrupt. E.R. Looijen, attorney at Stellicher advocaten N.V., has been…