October Construction Insolvencies Up on Previous Year

In October 2025, 360 construction companies registered as insolvent, accounting for 16.6% of all insolvencies in England and Wales. This was 69 more than had been recorded in September and was up by 40 on the 320 recorded in October 2024, according to official figures from The Insolvency Service. The total number of construction insolvencies…

NCLAT upholds CIRP Admission [Read Order]

The Principal Bench of National Company Appellate Tribunal (NCLAT) at New Delhi upheld CIRP admission, holding that a contractual cure period did not defer the date of default for Section 10A of the Insolvency and Bankruptcy Code, 2016 . Default occurred when payment became due and remained unpaid, not on expiry of the grace period.…