“They didn’t see it coming”: Thousands raised to support Piglet’s Pantry staff after shock insolvency portsmouth.co.uk Read the original article here
The Financial Deep Dive Vivimed Labs Limited has officially filed an application for the initiation of a Pre-pack Insolvency Resolution Process (PPIRP) with the NCLT Bengaluru Bench on February 12, 2026. This move signifies a critical juncture for the company, directly stemming from its severe financial distress. As of January 31, 2026, Vivimed Labs reported…
The Financial Deep Dive The unaudited standalone financial results for the quarter ended December 31, 2025, for Vikas WSP Limited present a grim financial picture, overshadowed by the company’s ongoing Corporate Insolvency Resolution Process (CIRP) initiated on February 2, 2022. Specific quantitative figures for Revenue, Expenses, and Net Profit/Loss for the quarter could not be…
Agri Resources Group S.A. The Manila Times Read the original article here
The spectrum allocated to telecom service providers is not an asset to be subjected to proceedings under the Insolvency and Bankruptcy Code, the Supreme Court ruled on Friday. The landmark verdict has wider ramifications for the telecommunications sector as telecom companies, such as Aircel Group of Companies, have invoked a moratorium on the basis of…
The spectrum allocated to telecom service providers is not an asset to be subjected to proceedings under the Insolvency and Bankruptcy Code, the Supreme Court ruled on Friday. The landmark verdict has wider ramifications for the telecommunications sector as telecom companies, such as Aircel Group of Companies, have invoked a moratorium on the basis of…
NEW DELHI: The Supreme Court on Friday ruled that telecom spectrum cannot be treated as a regular corporate asset during insolvency proceedings under the Insolvency and Bankruptcy Code (IBC). The decision came in the long-running insolvency case of defunct telecom operator Aircel and its subsidiaries, Aircel Cellular and Dishnet Wireless. The dispute centred on whether…
The outgoing NCLT President, Chief Justice (Retd) Ramalingam Sudhakar, praised the National Company Law Tribunal’s crucial role in implementing the Insolvency and Bankruptcy Code (IBC), an essential framework for financial resolutions in India. Sudhakar, who retired on Friday, called for an end to unwarranted criticisms of the IBC, noting the substantial benefits derived from…
On 13 February 2026, the Gothenburg District Court decided to file LIDDS AB (publ) in liquidation (“the Company”) for bankruptcy. Mona Jonasson, Layer at law firm NORDIA Göteborg KB, has been appointed as bankruptcy trustee. The background to the bankruptcy decision is, as previously announced, that the liquidator appointed by the Swedish Companies Registration Office,…
Cell C is officially no longer technically insolvent, according to the company’s first financial results since its listing on the Johannesburg Stock Exchange. Cell C is one of South Africa’s largest mobile operators, but has faced extreme challenges over the last decade. The company was acquired by Blue Label Telecoms in an extremely complex transaction…