Arshiya Limited in Insolvency, Files Delayed Compliance Certificate

Arshiya Limited Faces Scrutiny Amidst Insolvency Proceedings Arshiya Limited, a company previously involved in logistics and supply chain solutions, is currently navigating the challenging terrain of the Corporate Insolvency Resolution Process (CIRP). The company recently submitted a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending June 30,…

New Zealand Insolvency Trends 2025

New Zealand is experiencing its highest level of formal appointments in 15 years, reflecting sustained pressure across multiple sectors and a recovery that remains slow and uneven. Our latest New Zealand Insolvency Trends report highlights the sectors where financial stress is intensifying, the key forces driving this uplift, and the implications of rising insolvencies…

Three Plans Submitted Amidst Financial Collapse

Financial Deep Dive AGS Transact Technologies Limited is battling severe financial distress, evidenced by its ongoing Corporate Insolvency Resolution Process (CIRP). The company reported a substantial loss of ₹70 crore in the fiscal year 2024 (FY24) on revenues of ₹1,043 crore [6, 25]. More recently, its financial health has continued to deteriorate, with the nine-month…