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The National Company Law Tribunal (NCLT) has recorded its highest-ever first-quarter performance in terms of approving resolution plans since the enactment of the Insolvency and Bankruptcy Code, 2016 (IBC). Between April and June 2026, the tribunal approved 78 resolution plans across its benches, involving an aggregate approved value of ₹5,517.66 crore. While approving these 78…
Access Denied You don’t have permission to access “http://www.telegraph.co.uk/money/tax/news/millionaire-tax-specialist-could-lose-home/” on this server. Reference #18.9d58d617.1784272530.853dac5 https://errors.edgesuite.net/18.9d58d617.1784272530.853dac5 Read the original article here
Performance report Chief Executive’s foreword Delivering progress that matters to our customers As the Chief Executive of the Insolvency Service, I am pleased to present our Annual Report and Accounts for 2025 to 2026. Since joining the agency in January 2026, I have seen firsthand the professionalism and dedication of colleagues across our agency. Our…
Jul 14, 2026 German solar and wind developer SoWiTec has filed for insolvency, citing excessive debt as the primary cause. According to the company’s announcement, an insolvency case was opened in the German city of Tübingen due to illiquidity and over-indebtedness. The company’s subsidiaries—SoWiTec International, SoWiTec Projekt, and SoWiTec Operation—have also initiated insolvency proceedings. SoWiTec…
The company said that insolvency became “unavoidable” in recent days, after management attempted to prevent claims being asserted by “a supplier” and failed to secure a deferment of financial obligations. SoWiTec expects its operations to continue “initially” after the appointment of an insolvency administrator. The majority of SoWiTec’s operational projects are wind power assets, mostly…
Russia’s new bankruptcy law lets the Kremlin pick which companies survive Euromaidan Press Read the original article here
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Pilot Energy Limited (ASX: PGY) has been suspended from quotation on the Australian Securities Exchange effective immediately, following the appointment of voluntary administrators to the company on 14 July 2026. The suspension was triggered by ASX Compliance after determining that Pilot Energy’s financial condition is not adequate to warrant the continued quotation of its securities,…
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