Financial Deep Dive AGS Transact Technologies Limited is battling severe financial distress, evidenced by its ongoing Corporate Insolvency Resolution Process (CIRP). The company reported a substantial loss of ₹70 crore in the fiscal year 2024 (FY24) on revenues of ₹1,043 crore [6, 25]. More recently, its financial health has continued to deteriorate, with the nine-month…
Brussels cinema to close after Belgium’s oldest film distributor goes bankrupt The Brussels Times Read the original article here
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Latest monthly statistics from the Insolvency Service show that business insolvencies and personal insolvencies fell in Northern Ireland in January 2025 The data showed that there were 118 personal insolvencies, 16% lower than in January 2025. The insolvencies comorised of 85 IVAs, 19 DROs and 14 bankruptcies. Business insolvency data showes that. there were 21 company insolvencies,…
Two of the three former owners of Baldwins Travel have been banned from acting as company directors for a combined total of 23 years. The Insolvency Service barred Scott Dylan and David Antrobus from being directors in December following a High Court ruling that they channelled £13.9 million in unauthorised overdrafts through companies which…
Costco recalls gift cards nationwide after business goes bankrupt MassLive.com Read the original article here
Costco recalls gift cards after supplier goes bankrupt NewsNation Read the original article here
Belga Films, the oldest independent distributor in Belgium, has gone bankrupt. The company is reported to have filed for bankruptcy last week, with the news emerging in local press yesterday (February 17). “Everybody is completely in shock because no one saw it coming,” said one source close to the company. “It’s a massacre. It’s a…
Tighter US sanctions, which have pushed Russian oil prices down to US$40 a barrel and below, have led to a wave of bankruptcies among small companies in Russia’s main oil producing regions. Source: The Moscow Times, an independent Amsterdam-based news outlet, citing Russian media outlet Kommersant Details: The state-owned VTB Bank plans to petition for…
Costco recalls gift cards after supplier goes bankrupt wwlp.com Read the original article here