Question: My family in India has a private limited company which has built up substantial reserves. The family members want to take their share of the reserves and they do not wish to continue with business operations. Liquidation is therefore one of the main options. Can this be done expeditiously? ANSWER: Section 59 of the…
780 companies initiated bankruptcy procedure in 2025. This is only 10% of the total number of business closures. This was reported by Opendatabot. Читай нас також у Viber та Telegram. Mostly, companies in Ukraine go through the procedure of self-liquidation – 60% of cases. In total, 8,191 companies undergoing procedures related to closure or changes…
Follow our Parliament live coverage here. SINGAPORE – About $600,000 was paid out from the Government’s short-term relief fund to 260 workers who went unpaid after their employers were liquidated between 2023 and 2025, Manpower Minister Tan See Leng said on Jan 13. The fund, which is managed by the Tripartite Alliance for Dispute Management,…
HDIL Reports H1 FY26 Loss of ₹489.74 Crores Amid Ongoing Insolvency Proceedings scanx.trade Read the original article here
HFCL Limited Completes Voluntary Liquidation of Polish Step-Down Subsidiary scanx.trade Read the original article here
Belgian road transport experienced its worst year on record in 2025, with 413 companies declared bankrupt, according to figures from the Belgian Institute for Transport & Logistics (ITLB). This is the highest number since the institute began compiling sector-specific data and represents an increase of more than one third compared with 2024. The figures, cited…
Belgian road transport experienced its worst year on record in 2025, with 413 companies declared bankrupt, according to figures from the Belgian Institute for Transport & Logistics (ITLB). This is the highest number since the institute began compiling sector-specific data and represents an increase of more than one third compared with 2024. The figures, cited…
The company has been put up for sale on an insolvency marketplace The company has been put up for sale on an insolvency marketplace (stock image)(Image: Getty Images/iStockphoto/BernardaSv) An UK based immigration law firm, with two office branches, has been put up for sale on an insolvency marketplace. A Vincent Solicitors in Woolwich, which has…
Singapore-based digital finance platform Atome has announced the successful close of the renewal and upsized $345 million syndicated debt facility, a significant increase from the $200 million secured in 2024. The firm said in a statement on Tuesday that HSBC continues to support Atome as Structuring Bank and Mandated Lead Arranger and Bookrunner (MLAB), with…
The historic winery “Evangelos Tsantalis S.A. Viticulture – Winery – Distillery” (under the distinctive title “OINOS S.A.”), by decision of the Court of First Instance of Thessaloniki registered in the General Commercial Register on 12 January 2026. The court declared the company in bankruptcy, set the year 2023 as the year of cessation of payments,…