Statistics Netherlands (CBS) reports that 304 businesses were declared bankrupt in August 2026. That was 24 more bankruptcies than August last year, and also 38 more than in July 2026. The bankruptcy rate was higher than the previous year, with 8.1 bankruptcies per 100 thousand businesses in August 2026. Download CSVShow datatable Bankruptcies per month, adjusted for…
Chennai: The National Company Law Tribunal, Chennai Bench, has dismissed a petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, holding that a loan disbursed directly into the personal bank account of a company’s director, and not into the account of the company itself, does not constitute a “financial debt” owed by…
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Insolvency numbers are likely to remain at record levels until well into next year, one practitioner says. Keaton Pronk, an insolvency practitioner at McDonald Vague, said corporate insolvency appointments were at historically elevated levels in August, at 274 in the month. He said there were 2099 appointments in the year so far, putting it on…
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New Delhi, The National Company Law Appellate Tribunal (NCLAT) on Thursday set aside an order by the NCLT‘s Ahmedabad bench that had directed the liquidation of Home Derivatives after rejecting the claims of the successful bidder, Garden Court Distilleries. The National Company Law Tribunal (NCLT) had rejected the plea of Garden Court Distilleries Pvt Ltd,…
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Insolvency numbers are likely to remain at record levels until well into next year, one practitioner says. Keaton Pronk, an insolvency practitioner at McDonald Vague, said corporate insolvency appointments were at historically elevated levels in August, at 274 in the month. He said there were 2099 appointments in the year so far, putting it on…
REVEALED: Liquidator appointments for businesses in the Brisbane council area for September 10 The Courier Mail Read the original article here
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