The Delhi Bench of the National Company Law Tribunal (NCLT) has ordered the dissolution of cross-border payments company Paysend India Private Limited after finding that its affairs had been completely wound up and its assets fully liquidated The order was passed by the bench of Acting President Bachu Venkat Balaram Das and Technical Member Yogendra…
A liquidator has been appointed to Mex 2 U Limited, of Commercial Street, after a petition was made to Dundee Sheriff Court. Richard Bathgate, of Johnston Carmichael, was appointed Liquidator. Official documents recorded that “the nature of business of the company is restaurants”. A petition was earlier presented to the court by the Advocate General for Scotland on behalf…
Defaults on student loans have surged across the United States, reaching record levels as borrowers struggle to keep up with payments. The numbers have spiked since payments came due again following a lengthy pause intended to provide relief during the COVID-19 pandemic. Today, around 9.5 million people — 1 in 5 federal student loan borrowers — are…
Prominent publican Alan Clancy to contest bankruptcy petition Irish Independent Read the original article here
Vanacomm set to enter CVL Printweek Read the original article here
MONEY According to the Federal Reserve Bank of New York, Americans owe about $1.25 trillion in credit card debt, while total household debt has climbed to a record $18.8 trillion. Credit card delinquency rates also remain elevated, a sign that many families are struggling to keep up with payments. Certified financial planner George Pakounis with Burns…
Large corporate bankruptcies in the US have reached their highest level in recent years. Modern.az reports that in the first six months of 2026, 372 large companies in the country declared bankruptcy. This is considered the highest figure for the first half of the year in the last 16 years. According to the information, this…
Barrie Toys “R” Us store closure date still unclear amid liquidation sale MidlandToday.ca Read the original article here
Alkegen Enters Into Restructuring Support Agreement to Eliminate $3.1 Billion of Debt and Strengthen Financial Foundation Business Wire Read the original article here
An alternative investment manager has gone into voluntary liquidation. The Financial Conduct Authority has confirmed Prosper has applied to cancel its authorisation. The firm was an alternative investment fund manager and arranged deals in investments. It was also responsible for the activities of its appointed representative, Crowd2Let Capital Limited. The FCA said: “The Financial Ombudsman…