NCLAT Quashes Insolvency Proceedings Against Embassy Developments – Construction World
NCLAT Quashes Insolvency Proceedings Against Embassy Developments Construction World Read the original article here
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Hamilton Asphalts goes into liquidation, first report shows millions owed to creditors – The Post
Hamilton Asphalts goes into liquidation, first report shows millions owed to creditors The Post Read the original article here
WA Budget 2026: Surprise $1 billion cost of living relief as debt and government spending continues to rise
WA Budget 2026: Surprise $1 billion cost of living relief as debt and government spending continues to rise | The West Australian Close navigation menu SubscribeLog In Read the original article here
Jack Purcell Meats Collapse: Iconic Brisbane Butcher Shuts After 83 Years as Liquidation Hits Family Food Sector
BRISBANE, May 7, 2026, 07:07 AEST Jack Purcell Meats, established in Northgate back in 1943, is now in liquidation following a winding-up process. At its peak, the business operated 23 butcher shops throughout Brisbane, but has since scaled back to focus solely on its Virginia store and wholesale operations. Australian food businesses are feeling the…
Zille says Godongwana declared Joburg bankrupt over R21bn shortfall
Leaked letter reveals Joburg owes creditors R25.2 billion with only R3.9 billion cash, prompting National Treasury threat to withhold funds. DA Joburg mayoral candidate Helen Zille claims Finance Minister Enoch Godongwana has effectively declared the city bankrupt. Zille said in a letter to mayor Dada Morero, from Gondongwana and dated 23 April, which was leaked…
Liquidators appointed to UK airline with planned flights cancelled – The Hereford Times
Liquidators appointed to UK airline with planned flights cancelled The Hereford Times Read the original article here
Ghana Secures U.S. Debt Relief Agreement Amid Economic Reforms
Ghana U S Sign Deal To Restructure Exim Bank Debt The United States and Ghana have signed a bilateral agreement aimed at restructuring Ghana’s sovereign debt owed to the Export-Import Bank of the United States, in a move designed to ease the country’s external debt burden and support ongoing economic reforms. The agreement was signed…
Business insolvency filings up nearly 34%
Canadian business insolvency filings increased the most in 31 years last quarter, and rising interest rates could push the number even higher, according to the Canadian Association of Insolvency and Restructuring Professionals (CAIRP). Business insolvency filings in Canada rose 33.8% in the first quarter compared with the same quarter last year, according to data from…
NCLAT sets aside insolvency proceedings against Embassy Development citing Section 10A bar under IBC
National Company Law Appellate Tribunal has set aside an order passed by the National Company Law Tribunal that had admitted insolvency proceedings against Embassy Development, holding that the application filed by Canara Bank was barred under provisions of Section 10A of the Insolvency and Bankruptcy Code. The Delhi bench of the NCLT had, in…