UK health food company with 10,000s of online followers enters administration – Wandsworth Times
UK health food company with 10,000s of online followers enters administration Wandsworth Times Read the original article here
After NCLAT relief, Adani moves SC with caveat against possible Vedanta appeal in Jaypee insolvency case
New Delhi [India], May 6 (ANI): AdEnterprises has filed a caveat before the Supreme Court, anticipating a challenge by Vedanta against the National Company Law Appellate Tribunal’s (NCLAT) verdict upholding Adani Group’s resolution plan for debt-ridden Jaiprakash Associates Ltd (JAL). A caveat is an application filed before a court by a party requesting that no…
Corporate rescue mechanism as a reset button for distressed firms
This article first appeared in The Edge Malaysia Weekly on April 27, 2026 – May 3, 2026 NOTICES of winding up petitions against companies have long been treated as obituaries — a sign that the business is insolvent and headed for shutdown. However, that is not necessarily the case as the current legal framework offers…
South Africa business insolvencies to reach 1540 cases in 2026
06-05-26 / Duty Editor South Africa business insolvencies to reach 1540 cases in 2026 Paris – How much will the Middle East crisis increase non-payment risk for corporates? Allianz Trade releases its latest Insolvency Report, unveiling updated forecasts for 2026 and 2027. According to the world leader in trade credit insurance, global business insolvencies will…
Dutch specialty paper producer Coldenhove files for insolvency
Dutch specialty paper manufacturer Coldenhove Paper is undergoing insolvency proceedings. After filing for insolvency, the company was declared bankrupt by the court of the Gelderland province on 6 May. For Dutch trade union CNV, the insolvency comes as no complete surprise…. Read the original article here
Supplier of engines for Arktika and Sibir icebreakers declared bankrupt
The Federal Tax Service (FNS) initiated bankruptcy proceedings against Ruselprom, a company supplying propulsion electric motors for Project 22220 nuclear icebreakers. The Moscow Arbitration Court accepted the application for proceedings. The reason was a debt of about 99.4 million rubles. The tax authority is seeking to declare the company insolvent, and the case is scheduled…
Supplier of engines for Arktika and Sibir icebreakers declared bankrupt
The Federal Tax Service (FNS) initiated bankruptcy proceedings against Ruselprom, a company supplying propulsion electric motors for Project 22220 nuclear icebreakers. The Moscow Arbitration Court accepted the application for proceedings. The reason was a debt of about 99.4 million rubles. The tax authority is seeking to declare the company insolvent, and the case is scheduled…
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Corporate Veil Can Be Lifted In Real Estate CIRP To Include Subsidiary’s Assets If Inextricably Connected: Supreme Court
“Generally and broadly speaking, the corporate veil may be lifted where associated companies are inextricably connected as to be, in reality, part of one concern… given the facts obtaining presently, we are of the firm view that this was an eminently fit case for lifting the corporate veil, as EIL was the main driving force,”…
Polo Motorrad Insolvency 2026: Creditors Approve Restructuring
The creditors’ meeting unanimously voted in favor of continuing the restructuring. Polo considers itself fully financed through year-end and remains open to an investor entry. Creditors’ meeting unanimously approved the restructuring plan on April 23, 2026 Polo reports high order volumes at the start of the 2026 riding season Company considers itself fully financed through…