French Arms Manufacturer Verney-Carron Files for Bankruptcy
French Arms Manufacturer Verney-Carron Files for Bankruptcy | thefirearmblog.com You may also be interested in Read the original article here
Vijay Mallya claims in London court that Indian banks pursuing him are ‘acting in bad faith’ | India News
The TOI correspondent from London: Fugitive Indian businessman Vijay Mallya’s barrister told a London court that the banks pursuing Mallya are “acting in bad faith” and not being transparent as he made a failed attempt to adjourn Mallya’s appeal hearing against his bankruptcy order in the London high court on the first day of its…
Court extends administration of Multiple Hauliers – Business Daily
Court extends administration of Multiple Hauliers Business Daily Read the original article here
Insolvencies soar to 16-year high as tax hike drives bosses to close up shop
The number of company insolvencies rose sharply at the start of the year, reaching a level not seen since the financial crisis, according to the latest figures from the Insolvency Service. More than 1,900 businesses went under in January—10.7 per cent more than a year earlier—meaning nearly 500 firms a week were forced to fold.…
Insolvencies soar to 16-year high as tax hike drives bosses to close up shop
The number of company insolvencies rose sharply at the start of the year, reaching a level not seen since the financial crisis, according to the latest figures from the Insolvency Service. More than 1,900 businesses went under in January—10.7 per cent more than a year earlier—meaning nearly 500 firms a week were forced to fold.…
Thames Water £3bn loan approved by court to stave off insolvency – ENDS Report
Thames Water £3bn loan approved by court to stave off insolvency ENDS Report Read the original article here
Bankrupt Dutch startup Supersola reboots under new ownership; now available for rent
The Hague-based Supersola, a cleantech startup that provides plug-and-play solar panels, now has a new owner. The announcement comes four months after the Dutch company was declared bankrupt by the court in The Hague in 2024. Founded by Julius Smith, Supersola offers a self-developed and produced solar panel that is immediately ready for use. Known…
UK Company Insolvencies Hit 16-Year Peak Due to Upcoming Tax Changes – News and Statistics
Feb 18, 2025 UK company insolvencies have reached a concerning 16-year high, largely attributed to the impending tax changes introduced by Rachel Reeves. According to official figures reported by Finance Yahoo, the number of corporate insolvencies surged by 10.7% year-on-year, reaching 1,971 in January, marking the highest January total since the 2009 economic downturn. The…
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Access Denied You don’t have permission to access “http://www.telegraph.co.uk/business/2025/02/18/insolvencies-surge-bosses-give-up-reeves-tax-raid/” on this server. Reference #18.14052017.1739893849.15b9c23e https://errors.edgesuite.net/18.14052017.1739893849.15b9c23e Read the original article here
Case Digest on NCLT Rulings under IBC
The National Company Law Tribunal (NCLT) serves as the adjudicating authority for corporate insolvency resolution processes, liquidation and corporate debt restructuring under the IBC The Insolvency and Bankruptcy Code, 2016 (IBC) was enacted to streamline corporate insolvency resolution, liquidation, and debt restructuring, while ensuring a time-bound process that adequately balances the interests of creditors and…