A UK project development firm has collapsed into liquidation after almost two decades in business. Cooper and Franklin Limited, based in the village of Fencott, Oxfordshire, was put into members’ voluntary liquidation (MVL) last month. The firm, which specialised in building project development, was incorporated in May 2007. Shareholders passed a resolution to wind it…
IBBI study pitches for tighter monitoring of debtors, greater role for resolution professionals to detect… Moneycontrol.com Read the original article here
SINGAPORE: Lawyer and opposition politician Lim Tean has been declared bankrupt, according to a notice published in the government gazette on Friday (Apr 10). The bankruptcy order was made effective on Apr 2. He will have his bankruptcy estates managed by trustees Lau Chin Huat and Yeo Boon Keong of Technic Inter-Asia. Lim, a veteran lawyer…
In November last year, the CoC of JAL approved Adani Enterprises Ltd’s Rs 14,535 crore bid to acquire its assets through the insolvency process. On March 17, the National Company Law Tribunal (NCLT), Allahabad bench, approved the bid. However, the same has been challenged by Vedanta, which made a bid of Rs 17,926 crore, in…
Preliminary insolvency proceedings were opened for logistics service provider Betz International on 7 April 2026, the local court in Tübingen announced. Attorney Dr. Dirk Poff has been appointed as the provisional insolvency administrator. He is now to examine whether the business can be continued and whether investor solutions can be implemented. The company, headquartered in…
Jaypee Group Founder Jaiprakash Gaur on Friday expressed support for the Adani Group’s takeover of his insolvent flagship company Jaiprakash Associates Ltd, stating that he has full confidence in Gautam Adani’s leadership to take the company forward. The statement comes amid an ongoing legal tussle, days after Anil Agarwal of Vedanta Ltd. claimed that Gaur had preferred his group as…
‘Fair and transparent process’: Jaypee founder backs resolution; Adani Ent gains 2.23%, JP Power up… Moneycontrol.com Read the original article here
MEP Infrastructure Updates Markets on Progress of Insolvency Process TipRanks Read the original article here
David Sharaz declared bankrupt in federal court hearing prompted by Linda Reynolds MSN Read the original article here
Bankruptcy court approves natural gas compression company Axip’s $161 million sale The Business Journals Read the original article here