Orbex Fails After Planned Purchase Falls Through

Credit: Orbex The UK-based services provider Orbex has entered insolvency proceedings after a planned takeover by European space logistics startup The Exploration Company fell through. In December 2025, The Exploration Company entered negotiations to acquire Orbex. On 21 January, the companies announced they had signed a letter of intent, with The Exploration Company’s CEO Hélène…

Ansal Buildwell Plunges into Loss, Subsidiary Faces Insolvency

The Financial Deep Dive Ansal Buildwell Limited’s unaudited standalone and consolidated financial results for Q3 FY26 reveal a precipitous decline in performance, marred by a significant net loss and critical developments concerning its subsidiary. The Numbers: Standalone Performance (Q3 FY26 vs Q3 FY25): Revenue from Operations: ₹166.59 lakhs, an 80.6% year-on-year drop from ₹860.12 lakhs.…

Priya Kapur charts Sona Comstar’s global turnaround

India’s auto component sector has moved from being the world’s back office to becoming a strategic partner in global mobility transformation, Priya Kapur, Non-Executive Director at Sona Comstar, said at the 60th ACMA Excellence Awards & Technology Summit 2026 in New Delhi. Delivering her first public keynote, Kapur framed India’s rise within the broader reset…

Does the clock stop in insolvency?

This article was co-authored by Mololuwa Olanrewaju, trainee solicitor. Last week, the Court of Appeal handed down a decision in the case of Office Properties v Adcamp LLP [06.02.26] which dealt with adding defendants to a claim after the expiry of limitation, focussing on successor practices following insolvency. This is the latest case on the…