NCLAT Fortnightly: Important orders on IBC (Jan 1 – Jan 15, 2026) – Bar and Bench
NCLAT Fortnightly: Important orders on IBC (Jan 1 – Jan 15, 2026) Bar and Bench Read the original article here
AGS Transact Technologies Discloses Reasons for Delayed Q2FY26 Financial Results Submission – scanx.trade
AGS Transact Technologies Discloses Reasons for Delayed Q2FY26 Financial Results Submission scanx.trade Read the original article here
NCLT Initiates Voluntary CIRP Against IMFL Manufacturer a After Establishing ₹1.80 Crore Financial Default [Read Order]
The National Company Law Tribunal, Chandigarh Bench has accepted the voluntary insolvency petition under Section 10 of the Insolvency and Bankruptcy Code, 2016 (IBC), filed by an Indian Made Foreign Liquor (IMFL) manufacturer on the basis of the financial default of ₹1.80 crore. The Bench comprising Mr. Khetrabasi Biswal (Judicial Member) and Mr. Shishir Agarwal…
REVEALED: Latest business liquidations in Brisbane – The Courier Mail
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Insolvencies have spiked – would a law change let more businesses trade their way out of trouble?
New Zealand has been experiencing a striking rise in company failures, focusing attention on the role of directors when facing financial trouble. Corporate insolvencies have now reached their highest levels in 15 years, with thousands of firms entering liquidation or other formal processes in 2025. This surge has coincided with a new Law Commission review…
Emile Heskey Caught Up in ‘Fraudulent’ Deal to Buy Cypriot Club
According to reports, former England striker Emile Heskey has been caught up in a multi-million-pound legal battle over a ‘fraudulent’ business deal to buy a football club. It should first be noted that Heskey is not accused of any wrongdoing, but he was the high-profile face of a British businessman’s deal to buy a stake…
England legend Emile Heskey caught up in £15m ‘fraudulent’ deal for top football club in Cyprus – years after he was declared bankrupt
Former England footballer Emile Heskey has been caught up in a multi-million-pound legal battle over a ‘fraudulent’ business deal. The retired striker, who is not accused of any wrongdoing, was the high-profile face of a British businessman’s £15m deal to buy a stake in a professional Cypriot football club. Craig Gabriel had been hailed as…
Dubai Court declares investor insolvent for failing to repay Dhs6.2 million – Gulf Today
Dubai Court declares investor insolvent for failing to repay Dhs6.2 million Gulf Today Read the original article here
NCLT Rejects Shikhar Dhawan’s Insolvency Plea, Citing Contractual Ambiguities in Legends League Cricket Payment Dispute [Read Order]
In a recent ruling The National Company Law Tribunal (NCLT), New Delhi, has refused to admit an insolvency petition filed against the operator of Legends League Cricket and held that the alleged dues of ₹1.24 crore under the Player Agreement could not be treated as operational debt, pointing to inconsistencies in the contract and ambiguities…
Property service firm plunges into liquidation
A property services firm based in Oxfordshire has gone into creditors’ voluntary liquidation. MP Property Service (Oxon) Ltd was incorporated on April 14, 2022, and originally registered under the name Magic Pete Property Service Limited before changing to its current name in February 2023. Early Companies House filings list its registered office at a Witney…