Property firm linked to Miniso director collapses with $23m owing – BusinessDesk | NZ
Property firm linked to Miniso director collapses with $23m owing BusinessDesk | NZ Read the original article here
IICA Launches Eighth Batch of Flagship Insolvency Programme
The Indian Institute of Corporate Affairs (IICA), operating under the Ministry of Corporate Affairs, has started the eighth batch of its Post Graduate Insolvency Programme (PGIP) for the 2026–28 academic session. The two-year residential programme welcomed participants from a wide range of professional backgrounds, bringing together future insolvency professionals, senior officials, faculty members and experts…
Supercar hire firm shut down: customers left out of pocket while money spent from company account at Harrods and Gucci
Classic Parade Ltd took upfront payments from customers for hiring supercars before cancelling bookings at short notice and not paying refunds Customers included people booking vehicles for significant personal occasions, while more than £1.4 million passed through company bank accounts without explanation The director failed to engage with investigators, meet any Companies House filing obligations,…
Over 750 businesses in South Africa insolvent in 2026 – businesstech.co.za
Over 750 businesses in South Africa insolvent in 2026 businesstech.co.za Read the original article here
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Torsion Construction files for administration
Leeds-based Torsion Construction has filed a notice of intention to appoint administrators after suffering liquidity pressures and project-related commercial problems. The filing, issued on 20 July, gives the contractor temporary legal protection from creditor action while its directors consider funding and restructuring options. Torsion Group said difficult construction market conditions, delayed capital events, regulatory changes…
$4.6B CEO: Excellence Is the Capacity to Take Pain｜The Knowledge Project — BigGo Finance
When Kaz Nejatian took over as CEO of Opendoor in early 2026, the company was months from bankruptcy. The former Shopify executive didn’t do change management; he changed every default violently. In the first week, he ended remote work, fired two PR firms by accident, killed two profitable but non‑core business lines, and told the…
Supreme Court Issues Notice On Venugopal Dhoot’s Plea Against Order Upholding Separate Insolvency For VIL, VOVL
The Supreme Court today agreed to hear Videocon founder Venugopal Dhoot’s plea against an NCLAT order upholding separate insolvency proceedings for two group entities – Videocon Industries Ltd. and Videocon Oil Ventures Ltd. A bench of Justice P S Narasimha and Justice Alok Aradhe issued notice on the plea of Dhoot and posted the matter…
MCA Introduces iPIE: A Revolutionary Unified Digital Platform for Insolvency, ETCFO
The Ministry of Corporate Affairs (MCA) has invited comments from stakeholders on a proposed Integrated Platform for Insolvency Ecosystem (iPIE), a unified digital platform aimed at bringing together the multiple institutions, stakeholders and technology systems operating under the Insolvency and Bankruptcy Code (IBC). The ministry on Monday sought suggestions from insolvency professionals, creditors, industry bodies,…
SC agrees to hear Dhoot plea against separate insolvency for Videocon firms
The Supreme Court agreed to hear Videocon founder Venugopal Dhoot’s plea challenging an NCLAT order that upheld separate insolvency proceedings for Videocon Industries and Videocon Oil Ventures. The court issued notice and scheduled the matter for further hearing on August 10 Published Date – 21 July 2026, 02:16 PM New Delhi: The…