Solfest, an independent music and arts festival, was first held on the Solway coast near Silloth in September 2004. “After more than 20 years as one of the UK’s most established family festivals, the organisers of Solfest have taken the difficult decision to place the company into liquidation,” the organisers said in a statement. “This…
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Six non-bank financial institutions (NBFIs) out of 35 are set to be liquidated finally due to poor financial health, after the Bangladesh Bank (BB) board approved the move today. The six NBFIs are FAS Finance, Premier Leasing, Fareast Finance, Aviva Finance, People’s Leasing, and International Leasing. Initially, the regulator had planned to liquidate nine NBFIs.…
Utah lawmakers revive bipartisan effort to tackle school lunch debt utahnewsdispatch.com Read the original article here
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Plymouth acid attack drug dealer ‘could not afford rent’ BBC Read the original article here
Music hardware and software manufacturer Native Instruments has entered into preliminary insolvency proceedings, . This is the company behind iconic software like Massive, Traktor and Kontakt and hardware like Maschine+. Native Instruments also owns the brands iZotope, Brainworx and Plugin Alliance. We don’t have many specifics as to what this entails and what the future…
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The Insolvency and Bankruptcy Code (IBC) has been a game-changer and has transformed the insolvency landscape by fostering transparency, accountability and efficiency in corporate dispute resolution and laying the foundation of a more resilient and robust economy, Financial Services Secretary M Nagaraju said on Wednesday. “Despite these achievements, several challenges still remain, which include timelines…
The legislative push comes as official data and independent analysis reveal a critical gap between the Insolvency and Bankruptcy Code’s (IBC) intended efficiency and its on-ground performance. While the framework has successfully driven down gross non-performing assets (NPAs) for scheduled commercial banks to a multi-year low of 2.05% as of September 2025, the process…