Aircraft maintenance firm serving UK airports enters liquidation

Luftavia, founded in May 2015, offered a range of services, including scheduled line maintenance, ad-hoc repairs, and rapid temporary line station set-ups. The company positioned itself as a provider of “efficient, cost-effective maintenance solutions” using UK Civil Aviation Authority-approved products. The  Luftavia website added: “Our line maintenance engineers are committed to a ‘right first time’…

Aircraft maintenance firm serving UK airports enters liquidation

The company positioned itself as a provider of “efficient, cost-effective maintenance solutions” using UK Civil Aviation Authority-approved products. The  Luftavia website added: “Our line maintenance engineers are committed to a ‘right first time’ quality standard, receiving specific training in risk assessment and SMS. “Our partners are all respected industry operators, chosen specifically to add quality…

Aircraft maintenance firm serving UK airports enters liquidation

Luftavia, founded in May 2015, offered a range of services, including scheduled line maintenance, ad-hoc repairs, and rapid temporary line station set-ups. The company positioned itself as a provider of “efficient, cost-effective maintenance solutions” using UK Civil Aviation Authority-approved products. The  Luftavia website added: “Our line maintenance engineers are committed to a ‘right first time’…

Ministry fast-tracks corporate liquidation procedures amid spike in business exits

To remove administrative bottlenecks and facilitate smoother market exits for enterprises, the Ministry of Finance has issued an official dispatch instructing provincial Departments of Finance to accelerate business dissolution procedures. The directive is based on the Enterprise Law and its amending decrees on business registration (Decree No. 168/2025/ND-CP and Decree No. 296/2026/ND-CP). The ministry instructed…

NCLT: Dissolution Does Not Bar Guarantor Proceedings

Home/Corporate Laws/Dissolution of Corporate Debtor Does Not Bar Proceedings Against Promoters, Directors & Guarantors: NCLT Dissolves ₹148.6 Cr Asset Liquidation Corporate LawsLaw Report NCLT orders ₹148.6 crore dissolution, clarifying that promoter and director proceedings remain active. Get the day’s tax rulings in your inbox × The case number, coram and counsel for this order are…

AI companion startup Character.ai files for bankruptcy

Character.ai, the startup behind one of the largest artificial intelligence companion apps, filed for Chapter 11 bankruptcy protection Monday, according to a company release and court filings. The company said the platform, where users can have one-on-one conversations and roleplay with AI characters, became “costly to develop and grow,” in filings to the Delaware District…