NEW DELHI: The National Company Law Tribunal (NCLT) has allowed the withdrawal of the corporate insolvency resolution process (CIRP) against Nobility Estates, developer of ATS Group’s residential project Le Grandiose in Noida, after lenders and the erstwhile management reached a settlement. The order was passed by the NCLT Principal Bench comprising Acting President Bachu Venkat…
End of the road for real estate Firm Kings Pride Capital FM Kenya Read the original article here
German discounter Mäc Geiz files for insolvency MSN Read the original article here
A general view of TPI Composites’ wind turbine blade production facility in Izmir, Türkiye. (Photo via tpicomposites.com) May 12, 2026 03:15 PM GMT+03:00 A Turkish court has declared bankruptcy for one of the two Izmir-based subsidiaries of U.S. wind turbine blade manufacturer TPI Composites, which came under scrutiny last year after more than 1,000 workers…
NCLT clears Shriniwas Spintex’s resolution plan for Morarjee Textiles TipRanks Read the original article here
INSOLVENCY NOTICES: Winding Up Petitions – April 2026 Credit Connect Read the original article here
INSOLVENCY NOTICES: Winding Up Petitions – April 2026 Credit Connect Read the original article here
Resilience or risk: What technology sector is showing us about NI’s pre-pack trend Belfast Telegraph Read the original article here
Swedish operator BLS Rail declared bankruptcy after reportedly not receiving compensation from the railway administrations of Sweden and Norway. This development follows the closure of BLS’ Norwegian subsidiary last summer. The CEO of the company founded in 2009, Anders Brunberg, claimed that the Swedish Railway Administration (Trafikverket) did not pay out environmental compensation for 2025,…
Carbon Revolution was probably trading insolvent for more than three months before it went bust, say the administrators of the collapsed lightweight-wheel maker, after it had accumulated losses of $347 million since mid-2022. A report by McGrathNicol into the financial woes of Carbon Revolution found that having high-cost manufacturing operations in Geelong, thousands of kilometres…