Insolvency Service issues statement on 'collapse' of Speciality Steel talks – thestar.co.uk
Insolvency Service issues statement on ‘collapse’ of Speciality Steel talks thestar.co.uk Read the original article here
Hospitality insolvencies down 9% in May
Home News By Hamish Graham Published: 22 June, 2026 The most recent company insolvency statistics can reveal that in May month on month hospitality insolvencies were down 9%, following a difficult start to the year for the sector. In May 2026 insolvencies stood at 274 compared to April when they reached 301. There was also…
Business insolvencies fell in May
Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell to 1,868 in May 2026, 10% lower than in April 2026 (2,087), and 16% lower than the same month in the previous year (2,231 in May 2025). The insolvencies consisted of 285 compulsory liquidations, 1,423 creditors’ voluntary…
LiveLawBiz IBC Weekly Digest: June 15
Supreme Court Issues Notice On Challenge To Gujarat HC Ruling Against Transfer Of Essar Steel Cases To Mumbai NCLT Case Title : UNION OF INDIA AND ANR. Versus ARCELORMITTAL NIPPON STEEL INDIA LIMITED FORMERLY KNOWN AS ESSAR STEEL INDIA Case Number : Diary No. 24062-2026 The Supreme Court on Monday issued notice on the Union…
National Company Law Tribunal Initiates Insolvency Resolution Process Over ₹9.44 Crore Operational Debt Dispute
Representational image. Credit: Canva The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted an insolvency petition against renewable energy company Vikram Solar Limited and ordered the commencement of the Corporate Insolvency Resolution Process (CIRP). The order was pronounced on June 12, 2026, following a petition filed by operational creditor Isitva Steels Private Limited under…
Northern Irish insolvencies personal insolvencies increase whilst business insolvencies fall
Latest monthly statistics from the Insolvency Service have shown that personal insolvencies fell whilst business insolvencies increased in Northern Ireland in May 2026. The data showed that there were 140 personal insolvencies; this was 37% higher than in May 2025. There were 99 IVAs, 20 bankruptcies and 21 DROs. There were 30 business insolvencies, 43% lower…
Scottish business insolvencies fall by 25% – Credit Connect
Scottish business insolvencies fall by 25% Credit Connect Read the original article here
Scottish company insolvencies fall by 25 per cent in May
The number of company insolvencies registered in Scotland fell by a quarter in May compared with the same month last year, according to the latest figures published by the Insolvency Service. A total of 100 company insolvencies were registered in Scotland in May 2026, down 25 per cent from May 2025. The figures show that…
A tsunami of bankruptcies threatens the global economy
A new wave of corporate insolvency threatens the global economy, as bankruptcies worldwide surged by 12% already in the first quarter of 2026 compared to the corresponding period last year – This emerges from a recent report by credit insurance giant Coface. According to the company’s data, the primary trigger for this trend is the…
Vikram Solar shares fall 3% after NCLT admits insolvency petition against the company. Here's why – The Economic Times
Vikram Solar shares fall 3% after NCLT admits insolvency petition against the company. Here’s why The Economic Times Read the original article here