The liquidation of Fish and Forest Ltd in Grape Lane follows that of top York restaurant chain Frango Eduardo Ltd, owned by Ted Hustler, which has also entered liquidation and restructured to save its constituent businesses and staff jobs in recent weeks. Stephen Andrews stresses the Michelin-listed Fish and Forest is also trading under new…
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) on 21 August dismissed an appeal filed by Titus Babu challenging the cancellation of his 1,35,000 equity shares in Sintex Industries Limited (SIL), observing that an approved Resolution Plan extinguishes pre-existing equity shareholding and binds shareholders and members A Bench of Judicial Member…
The National Company Law Tribunal (NCLT), New Delhi, on 25 August approved the repayment plan of Dr. Subhash Chandra, chairman of the Essel Group and founder of Zee TV, under Section 114 of the Insolvency and Bankruptcy Code, 2016 (IBC), subject to the exclusion of two unsupported claims. A Bench comprising Judicial Member Nilesh Sharma,…
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Simon Thomas, 38, provided incorrect turnover figures in order to access a greater loan, according to the Insolvency Service. He has now been disqualified and the company, Evergene Ltd, has been liquidated. During the Covid pandemic, the previous government introduced the BBL scheme to help companies try to survive. The terms of the scheme were…
Flip Out, based in the Mortimer Trading Estate, shut its doors on June 17 after a spokesperson said they had exhausted every option possible to keep the business going, but rising costs and historic debt had taken over. The company behind the park, Jump House Hereford Limited, has since entered creditors’ voluntary liquidation. A statement…
Gareth Lloyd-Jones, from Ridgeway Community Church in Wallingford, aims to raise £3,000 for Christians Against Poverty (CAP), a UK charity that offers free, face-to-face debt advice and budgeting support through partner churches. The funds raised could help around 16 families in poverty access a debt relief order and become debt-free. Mr Lloyd-Jones said: “We see…
Thursday, August 27, 2026 • 3 min read The High Court has dismissed a woman’s bid to have the firm she jointly owns with her estranged husband wound up. A judge ruled that a failed marriage alone cannot justify liquidating a financially healthy company, stressing the separation between personal… Read the original article here
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The government will unveil details of a debt restructuring program as rising interest rates add pressure on pandemic-era borrowers. A customer makes a payment with their credit card at a restaurant in central Seoul on June 29, 2021.NEWS1 Korea will offer a debt relief program for small business owners hit by the Covid-19 pandemic to…