JAL insolvency: Adani, JSW, Vedanta among bidders for company's Rs 17,300-crore assets – MSN
JAL insolvency: Adani, JSW, Vedanta among bidders for company’s Rs 17,300-crore assets MSN Read the original article here
Geelong cleaning company with $1.5m debt liquidated – Geelong Advertiser
Geelong cleaning company with $1.5m debt liquidated Geelong Advertiser Read the original article here
Northern Irish business insolvencies fall whilst personal insolvencies increase
Latest monthly statistics from the Insolvency Service have shown that personal insolvencies increased whilst business insolvencies declined in Northern Ireland in February 2025. The data showed that there 21 business insolvencies registered in Northern Ireland, this was 19% lower than in February 2024. The total number of company insolvencies was comprised of nine compulsory liquidations,…
Business insolvencies increase by 2.9%
Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales increased by 2.9% in February 2025 to a total of 2,035 compared to January 2025’s total of 1,978, and decreased by 7% compared to February 2024’s figure of 2,188. The business insolvencies consisted of 393 compulsory…
Scottish business insolvencies increase by 10% – Credit Connect
Scottish business insolvencies increase by 10% Credit Connect Read the original article here
R3: Increase in insolvency-related activity in Dorset
The increase was reported by R3, the UK’s insolvency and restructuring trade body, which analysed data from Creditsafe. The data revealed a rise in insolvency-related activities from 172 in January to 212 in February. These figures include administrator and liquidator appointments, as well as creditors’ meetings. READ MORE: FOUNDRY: Hundreds attend networking business event in Poole…
NCLAT junks bankruptcy case against Essar Oil and Gas Exploration
The National Company Law Appellate Tribunal (NCLAT) has set aside the bankruptcy case against Essar Oil and Gas Exploration and Production Ltd (EOGEPL), a subsidiary of Essar Group. An NCLAT bench led by chairperson Justice Ashok Bhushan overturned the National Company Law Tribunal (NCLT) order, based on a petition from Greka Green Solutions (India) Ltd,…
Zomato Vs. Nona Lifestyle: Experts Weigh In On Insolvency Plea And Stock’s Future
Zomato is facing potential insolvency proceedings as Nona Lifestyle Pvt Ltd has filed a petition with the National Company Law Tribunal (NCLT) seeking to restore an earlier insolvency plea under Section 9 of the Insolvency & Bankruptcy Code. Nona Lifestyle claims Zomato owes ₹1.64 crore, including interest, due to delayed payments and incomplete delivery, a…
Insolvency-related activity soars by a quarter across Thames Valley and Wiltshire
Swindon & Wiltshire Economy Tuesday March 18 2025 Author Name: Peter Davison Insolvency-related activity increased by more than 23 per cent across across the Thames Valley and Wiltshire region last month, according to R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe showed a rise in insolvency-related activities from…
Catching Up With New Bankruptcy Case Action
By Emily Lever · March 18, 2025, 8:53 PM EDT In its second bankruptcy in six years, fast-fashion chain Forever 21 is winding down and plans to close more than 300 U.S. stores, and has disclosed more than $1 billion in… To view the full article, register now. Read the original article here