Firm promising directors they could ‘walk away’ from failing businesses is shut down – TheBusinessDesk.com
Firm promising directors they could ‘walk away’ from failing businesses is shut down TheBusinessDesk.com Read the original article here
NL’s only legal medicinal cannabis grower goes bust
October 9, 2026 See more DutchNews articles in your Google search results See more DutchNews articles in your Google search results Add as a favourite source on Google Add DutchNews as a favourite source on Google Patients who use medicinal cannabis face having to switch to imported products after the only licensed grower in the…
Germany Company Insolvencies Up 8.0% in July 2026 | Destatis Data – News and Statistics
Oct 9, 2026 Germany’s company insolvency filings rose in July 2026, according to Destatis, the country’s federal statistical office. The figures reflect applications that enter the statistics only after an insolvency court issues its first decision, meaning the actual filing date often falls roughly three months earlier. Company insolvencies in July German local courts recorded…
Sole Dutch medicinal cannabis firm declared bankrupt
Bedrocan, the Dutch medicinal cannabis grower, was declared bankrupt on Thursday after requesting a suspension of payments two weeks ago. The Veendam-based company is the sole supplier of medicinal cannabis in the Netherlands. Bedrocan has been supplying medicinal cannabis since 2003 but ran into financial difficulties after the Ministry of Public Health terminated its contract…
KSS jewellery arm Birla Jewels enters insolvency
The National Company Law Tribunal (NCLT) has admitted Birla Jewels Ltd, the jewellery subsidiary of KSS Ltd (formerly K Sera Sera Ltd), into the corporate insolvency resolution process (CIRP). The admission comes about three months after an appellate tribunal approved a resolution plan for the parent. Pravin R Navandar has been appointed interim resolution professional…
Rankini Power puts itself up for bids a fourth time; SREI’s ₹1,439-crore claim at stake
Kolkata-based Rankini Power Generation Pvt Ltd has issued a fresh invitation for expressions of interest (EOIs) from prospective resolution applicants. It is the fourth version of the company’s Form G in less than five months of insolvency proceedings, a sign that the earlier rounds failed to attract a viable buyer. According to the notice, published…
Business owner sentenced after ignoring company director ban
A noodle bar franchise boss who kept running his business after being disqualified as a company director has been sentenced and handed a fresh 10-year ban. Desmond Pheby continued managing Wok & Go Franchise UK Limited, which sold franchises for the Wok & Go noodle takeaway chain, despite an earlier seven-year director disqualification for failing…
Romania’s insolvencies rise 12% to highest level since 2018, large company cases more than double – Romania Insider
Romania’s insolvencies rise 12% to highest level since 2018, large company cases more than double Romania Insider Read the original article here
At centre of ED probe against Tayal group, ‘bogus creditors’, insolvency proceedings & a Nagpur mall – ThePrint
At centre of ED probe against Tayal group, ‘bogus creditors’, insolvency proceedings & a Nagpur mall ThePrint Read the original article here
All Blacks legend avoids bankruptcy after dramatic court agreement
An All Blacks legend has avoided bankruptcy after a lengthy court battle in New Zealand finally came to an end. Former fly-half Andrew Mehrtens, who won 70 caps for the All Blacks, had faced months of legal action over a debt dispute. The 53-year-old was at risk of being declared bankrupt after a law firm…