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Category Archives: Bankruptcy

KTR alleges Telangana CM diverts thousands of crores to benami company

BankruptcyBy EditorFebruary 4, 2026

Bharat Rashtra Samithi (BRS) Working President KT Rama Rao (KTR) has accused Telangana Chief Minister Revanth Reddy of diverting thousands of crores of public funds to a benami company linked to him. Speaking to ANI on February 4, 2026, KTR alleged that the company, KLSR, acts as a front entity for the Chief Minister, providing…

Telangana CM diverting thousands of crores to his benami company: KT Rama Rao

BankruptcyBy EditorFebruary 4, 2026

ANI | Updated: Feb 04, 2026 16:35 IST Hyderabad (Telangana) [India], February 4 (ANI): Bharat Rashtra Samithi (BRS) Working President KT Rama Rao (KTR) alleged that Telangana Chief Minister Revanth Reddy is once again misusing thousands of crores of public money and diverting it to his benami company.Speaking to ANI, KTR stated that the company…

IICA Organises Specialised Training Program on Companies Act, Competition Law & Insolvency and Bankruptcy Code for IES, ITS officers – PIB

BankruptcyBy EditorFebruary 4, 2026

IICA Organises Specialised Training Program on Companies Act, Competition Law & Insolvency and Bankruptcy Code for IES, ITS officers  PIB Read the original article here

UPay owner Maroqand declared bankrupt as court orders liquidation

BankruptcyBy EditorFebruary 4, 2026

The Tashkent Interdistrict Economic Court has declared Maroqand Joint-Stock Company, the owner of the UPay payment system, insolvent and has initiated liquidation proceedings. According to the court’s ruling issued on 2 February 2026, Maroqand JSC was officially recognized as bankrupt due to its inability to meet financial obligations. The decision launches a formal process to…

Arthur Bus files for insolvency – no hydrogen buses delivered within Lublin’s 20-units order

BankruptcyBy EditorFebruary 4, 2026

Fuel cell bus startup Arthur Bus has filed for insolvency, formally halting its hydrogen bus manufacturing activity in Lublin. The insolvency filing submitted by Arthur Bus marks the formal collapse of the company’s operations and brings an immediate stop to its role as supplier of hydrogen buses for MPK Lublin, being this the first consistent…

PwC appointed as administrator in Koko bankruptcy – Quantum Commodity Intelligence

BankruptcyBy EditorFebruary 4, 2026

PwC appointed as administrator in Koko bankruptcy  Quantum Commodity Intelligence Read the original article here

UPay owner Maroqand declared bankrupt as court orders liquidation – Kun.uz

BankruptcyBy EditorFebruary 4, 2026

UPay owner Maroqand declared bankrupt as court orders liquidation  Kun.uz Read the original article here

Perth NDIS court case in limbo as lawyer tables client’s overseas bankruptcy

BankruptcyBy EditorFebruary 4, 2026

February 4, 2026 — 2:01pm Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA A Supreme Court fight between siblings at the centre of a troubled NDIS provider has taken a fresh turn after a lawyer told the court he could not take instructions…

Perth NDIS court case in limbo as lawyer tables client’s overseas bankruptcy

BankruptcyBy EditorFebruary 4, 2026

February 4, 2026 — 5:01pm Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA A Supreme Court fight between siblings at the centre of a troubled NDIS provider has taken a fresh turn after a lawyer told the court he could not take instructions…

Barclay brothers given six weeks to avoid bankruptcy after HSBC action

BankruptcyBy EditorFebruary 4, 2026

Howard and Aidan Barclay have been given six weeks to reach an agreement with creditors after HSBC launched bankruptcy proceedings over debts linked to the collapse of the family’s logistics empire. At a High Court hearing on Tuesday, Mr Justice Michael Briggs granted the brothers until 17 March to circulate proposals for individual voluntary arrangements…

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