A British fencing company has entered liquidation and made its employees redundant after being hampered by rising costs. Beechdale Fencing Limited, previously located on Cattle Market Road in The Meadows, appointed liquidators on April 8, resulting in several job losses. Established in 2008, the company produced fencing and other garden products but stopped trading on…
The National Company Law Tribunal (NCLT) Mumbai Bench has allowed an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Bank of India initiating the Corporate Insolvency Resolution Process (CIRP) after finding clear evidence of financial debt and default exceeding the statutory threshold. The Bank of India had extended financial…
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The National Company Law Tribunal, Kochi Bench, has approved Associated Alcohols & Breweries‘ resolution plan for SDF Industries Limited, clearing the way for the company to take over the Kerala-based liquor manufacturer. In an exchange filing, the company said the approval was granted through an order dated April 16, 2026, in the corporate insolvency resolution…
The National Company LawAppellate Tribunal (NCLAT) New Delhi Bench has upheld the admission of insolvency application under Section 7 of Insolvency and Bankruptcy Code 2016 filed by Canara Bank holding that the mere pendency of an arbitral award in favour of the Corporate Debtor (CD) cannot be a ground to suspend the CorporateInsolvency Resolution Process…
Updated creditors’ report shows DSGN Homes’ debt nearing $4 million The Canberra Times Read the original article here
The House of Representatives Public Accounts Committee has approved a N248.6 billion financial relief and 10-year debt restructuring framework for the Kano, Jos and Ikeja Electricity Distribution Companies (DisCos) as part of efforts to stabilise Nigeria’s power sector. The resolution followed the adoption of a technical subcommittee report reviewing the 2021 Auditor-General for the Federation’s…
The House of Representatives Public Accounts Committee has approved a N248.6 billion financial relief and 10-year debt restructuring framework for the Kano, Jos and Ikeja Electricity Distribution Companies (DisCos) as part of efforts to stabilise Nigeria’s power sector. The resolution followed the adoption of a technical subcommittee report reviewing the 2021 Auditor-General for the Federation’s…