April 16, 2026 - Page 10 of 12 - Insolvency Guardian

Octopus (APAC) Holdings Limited Completes Creditors’ Voluntary Liquidation of Subsidiaries and Provides Update on Retained Funds in China – Minichart

LiquidationBy Editor April 16, 2026

Octopus (APAC) Holdings Limited: Completion of Creditors’ Voluntary Liquidation of Subsidiaries Summary of Key Developments Octopus (APAC) Holdings Limited (formerly GS Holdings Limited) has completed the creditors’ voluntary liquidation (CVL) of its subsidiaries, Wish Hospitality Holdings Private Limited and Wish Health Management (Shanghai) Co. Ltd. (“Wish Shanghai”). All regulatory requirements and formalities for liquidation and…

‘We can’t seem to catch up.’ My wife and I have two kids, $70K in debt and a $200K mortgage. My job slashed OT and now I don’t think I can manage the bills. Help. – MarketWatch

Debt HelpBy Editor April 16, 2026

‘We can’t seem to catch up.’ My wife and I have two kids, $70K in debt and a $200K mortgage. My job slashed OT and now I don’t think I can manage the bills. Help. MarketWatch Read the original article here

UK coffee company plunges into liquidation – £1million in capital | UK | News

LiquidationBy Editor April 16, 2026

A UK coffee supplier ceased trading and was placed into voluntary liquidation last month despite having assets of more than £1million. A financial statement filed on March 18 revealed that Surrey-based firm Instant Coffee Supplies Limited had decided to liquidate the company to distribute its assets. The news was confirmed by a Resolution for Winding-up…

nclt: India plans special NCLT bench for cross-border insolvency cases to speed up resolutions

BankruptcyBy Editor April 16, 2026

New Delhi: India plans to set up a special bench of the National Company Law Tribunal (NCLT) with trained manpower to handle cross-border insolvency cases once the new bankruptcy rules are notified, to fast-track proceedings, people aware of the matter said.The cross-border framework, approved last month as part of amendments to the Insolvency and Bankruptcy…

Study Finds Betting Has Minimal Impact on Household Debt in Brazil – iGamingToday.com

Debt HelpBy Editor April 16, 2026

Study Finds Betting Has Minimal Impact on Household Debt in Brazil iGamingToday.com Read the original article here

BILT emerges from insolvency with a new promoter, and a revival plan

BankruptcyBy Editor April 16, 2026

Ballarpur Industries Limited (BILT), one of India’s oldest paper manufacturers which emerged from a three-year long corporate insolvency resolution plan, is set for a turn around. The new management under Finquest Financial Solutions Private Limited has demonstrated its commitment to turning around the company through substantial capital infusion. According to the annual report of the…

PM Friday advocates for Jobs, debt relief, Caribbean unity

Debt HelpBy Editor April 16, 2026

Prime Minister of St. Vincent and the Grenadines, Hon. Dr. Godwin Friday, accompanied by Foreign Minister Bramble and other government officials, is in Washington D.C. this week attending the World Bank’s Spring Meetings. The delegation’s primary focus is to deliver for the people of SVG by creating better-paying jobs and alleviating the country’s debt burden…

ALL JOBS LOST as local company collapses into administration

LiquidationBy Editor April 16, 2026

All jobs have been lost after an East Kilbride kitchen firm collapsed into administration. Merchant City Distributors Limited, based in Kelvin Industrial Estate, ceased trading and made all 18 of its employees redundant. The closure follows 25 years in business and has been blamed on “detrimental supply chain issues” that left the company with no…

Absa Group helps graduates blocked by debt get a second chance

Debt HelpBy Editor April 16, 2026

The Absa Group says it is stepping up efforts to tackle youth unemployment by helping graduates burdened by historical debt enter the job market. Through its partnership with the Feenix Trust, the bank is focusing on young people who have completed their studies but cannot access their certificates due to unpaid fees. The initiative aims…

'Really?': Bernie Sanders rips Trump’s DoorDash stunt as families ‘go bankrupt’ – MSN

BankruptcyBy Editor April 16, 2026

‘Really?’: Bernie Sanders rips Trump’s DoorDash stunt as families ‘go bankrupt’ MSN Read the original article here

Daily Archives: April 16, 2026