UK haulage company collapses into liquidation

A UK haulage company has appointed liquidators, with a family-run business looking set to close its doors for the final time. Roger Petch Transport Limited, a haulage company based in Yorkshire, appointed administrators back on April 9. The liquidation report and the Resolution for Winding Up notice were published in the London Gazette in the…

Telangana HC Grants Pre-Arrest Bail in Alleged ₹167 Lakh Misappropriation Linked to IBC Liquidation [Read Order]

In a recent ruling, the Telangana High Court granted pre‑arrest bail to a former director of G.S. Biotech Limited, who was accused of misappropriating ₹167 lakh in government compensation after the company entered liquidation under the Insolvency and Bankruptcy Code (IBC). The case originated from a complaint filed by the Liquidator of G.S. Biotech Limited, alleging that Makhariya misrepresented…