PwC’s latest Insolvency Barometer for the half year (H1) to end June 2026, analysing insolvencies for the Republic of Ireland, published today, reveals that insolvency volumes in the first half year of the year to end June 2026 continue to be remarkably consistent, running below average. There were 232 corporate insolvencies recorded in Q2 2026…
₹22,000 Cr Vs ₹6.5 Cr: How Did Subhash Chandra’s Debt Shrink So Much? outlookbusiness.com Read the original article here
Union Bank of India (UK) Ltd, Canara Bank and LIC Housing Finance Ltd will move the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal’s (NCLT) approval of a repayment plan proposed by Essel Group founder Subhash Chandra. The lenders had opposed the plan, which proposes payment of ₹6.25 crore against admitted…
Data showed that lenders recovered ₹234.56 crore at the end of June, 2026 from 64 instances of debt resolution of personal guarantors since they were brought under the bankruptcy code in FY20. This represents just 1 per cent of the total claims of banks admitted by bankruptcy tribunals, data showed. The June…
REVEALED: Latest business liquidations in Gwydir The Daily Telegraph Read the original article here
Developer Bathla Group has entered voluntary administration. Lawyers say the company needs $40 million to continue its operations until Christmas. It leaves thousands of jobs up in the air as well as homes. Developer Bathla Group has entered voluntary administration. Lawyers say the company needs $40 million to continue its operations until Christmas. It leaves…
A personal guarantor is essentially a borrower who has provided a guarantee or promise to pay in case the borrower fails to repay the loans. Ideally, then, should a company default, the guarantor can be held liable to repay. However, a lot may actually depend on how many assets the guarantor actually has at the…
Workers at a major property developer have been stood down after the firm plunged into administration owing millions. NSW-based The Bathla Group called in administrators earlier this week after failing to repay debts of $3.2m. It has left its workers in limbo after administrators stood them down and the NSW government knocked back a bid…
Bathla Group enters voluntary administration | news.com.au — Australia’s leading news site for latest headlines Now Playing Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…