Major UK travel company enters liquidation with all booking cancelled – Gazette and Herald
Major UK travel company enters liquidation with all booking cancelled Gazette and Herald Read the original article here
Autobahn Rent A Car directors Tan, Rai declared bankrupt
[SINGAPORE] The directors of Autobahn Rent A Car have been declared bankrupt, having racked up a combined debt of more than S$100 million owed to DBS. According to the Government Gazette published on Friday (Apr 17), a bankruptcy order was made against Tan Boon Kee on Apr 9. A separate edition of the Gazette published…
How the Insolvency Code is evolving, and resolutions could be faster under new proposals – MSN
How the Insolvency Code is evolving, and resolutions could be faster under new proposals MSN Read the original article here
No Penalty Imposed by ROC After CIRP Compliance Clarification
No Penalty Imposed by ROC After CIRP Compliance Clarification The Registrar of Companies (ROC), Kolkata, imposed zero penalty on the company named Varutha Developers Private Limited and its directors even after it failed to file financial statements for the financial year 2023-24. Backstory of the case The company was alleged to have breached Section 137 of…
Government sheds light on sharing of personal finance data ‘to distinguish between financial hardship and deliberate non-payment’ – PublicTechnology
Government sheds light on sharing of personal finance data ‘to distinguish between financial hardship and deliberate non-payment’ PublicTechnology Read the original article here
Regen CentralLtd Hertfordshire liquidation and cancellations
Regen Central Ltd, a Hertfordshire-based travel company that sold ATOL-protected holiday packages across Europe and Southeast Asia, recently entered liquidation. The full impact of the collapse has only now become clear, with all bookings now cancelled. Kings Langley woman, 21, found dead at beach after entering waterYoung Watford men charged over ‘attempted arson attack’ at…
How the Insolvency code is evolving, and resolutions could be faster under new proposals
In a move that could speed up the insolvency process for defaulting companies, the Insolvency and Bankruptcy Board of India (IBBI) has published a series of discussion papers. The Parliament recently passed the Insolvency and Bankruptcy Code (IBC) Amendment Bill. It received the President’s assent on April 6. The resolutions proposed by the IBBI are aimed…
Increase in people seeking help for damp, debt and unsafe temporary accommodation
New evidence from Citizens Advice Scotland (CAS) paints a stark picture of a housing system under severe strain, with rising numbers of people seeking help for homelessness, damp and mould, and unexpected housing costs. Between October and December 2025, Citizens Advice Bureaux across Scotland delivered more than 13,200 pieces of housing advice to over 5,700…
The Original Factory Shop Enters Administration as More High Street Brands ‘In Danger’ — What Does It Mean?
The collapse of several well-known UK retailers in 2026 has shaken the high street, with the fall of The Original Factory Shop signalling a deepening crisis for the struggling retail sector. However, many are asking: What does it even mean when a company like TOFS enters administration? In the UK, entering administration indicates that a…
Personal insolvencies surge 30% as debt relief orders hit record high – London Business News
The number of people facing financial insolvency in England and Wales rose sharply in March, with official figures showing a 30 per cent year-on-year increase and a record number of applications for debt relief orders. Data published by the Insolvency Service shows there were 12,252 personal insolvencies recorded last month, up from the same period…