Creditors are sweating on the fate of Sydney home development giant Bathla after the firm collapsed into voluntary administration on Tuesday, owing more than $3 billion. Bathla Group’s managing director Bhart Bhushan said the decision was made as the company faced a “perfect storm” of increased costs and property market pressures. It has left thousands…
Boss accused of misappropriating £1.3bn had been bankrupt The Times Read the original article here
“Get advice first, decide second”: Director First urges directors to know their position before the options run out PA Media Read the original article here
With one in 198 companies in England and Wales entering insolvency in the past year, Director First’s Chris Worden says two straightforward tests give directors the early warning they need KIRKHAM, England, Aug. 26, 2026 /PRNewswire/ — Directors are still leaving it too late to seek advice when their company runs into difficulty, according to Director…
Exclusive: Kenya Airways weighs fresh foreign debt to pave way for strategic investors The Africa Report Read the original article here
The National Company Law Tribunal (NCLT), Bengaluru has held that the appointment of a Debenture Trustee to represent debenture holders does not take away their independent statutory right as Financial Creditors to initiate insolvency proceedings under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). A Bench comprising Judicial Member Sunil Kumar Aggarwal and…
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Failed marriage is no reason to liquidate a healthy company, judge rules nation.co.ke Read the original article here
ARSS Infrastructure Projects has secured a Rs 104.05 crore contract from East Coast Railway for bridge construction. While this order adds to the pipeline, the company is currently undergoing the Corporate Insolvency Resolution Process (CIRP), a critical factor that investors should monitor alongside its ongoing financial challenges. ARSS Infrastructure Projects has been awarded a work…
Failed marriage is no reason to liquidate a healthy company, judge rules Daily Nation Read the original article here