The Republic of Moldova will request a transition period from the European Commission in order to create a mechanism that would protect employees in case of company insolvency. This was announced by the president of the Parliamentary Committee for European Integration, Marcel Spatari. The official emphasized that European norms require the creation, in each…
A year after a major comic book distributor went bankrupt, NL shops are still reeling MSN Read the original article here
AuthorIshaan Verma|Published at: 10th February 2026, 6:44 pm Overview Samtex Fashions Limited posted nil operational revenue for Q3 FY25. Auditors issued a qualified conclusion, highlighting material going concern uncertainty due to accumulated losses, eroded net worth, and a subsidiary declared a wilful defaulter by IDBI Bank. Significant gaps in asset verification, accounting compliance issues, and…
AuthorIshaan Verma|Published at: 10th February 2026, 6:44 pm Overview Samtex Fashions Limited posted nil operational revenue for Q3 FY25. Auditors issued a qualified conclusion, highlighting material going concern uncertainty due to accumulated losses, eroded net worth, and a subsidiary declared a wilful defaulter by IDBI Bank. Significant gaps in asset verification, accounting compliance issues, and…
Landscaping boss breached director ban and racked up £300k in unpaid tax Construction Management Magazine Read the original article here
Sharp India Plunges Towards Insolvency, Board Approves ‘Not Going Concern’ Basis Whalesbook Read the original article here
Wananchi Group, the operator of Zuku internet and pay-television services, is facing a statutory insolvency demand of KSh.46.9 million from CP Cables, drawing attention to the financial pressures behind the fibre broadband market. •Court filings show that CP Cables issued the demand under the Insolvency Act, 2015, citing unpaid commercial debt. •The claim was lodged…
While gift cards seem like an easy gift, and buying discounted gift cards at Costco adds value, they only make sense if people actually use them. My gift card pile at home has at least a couple from restaurants and retailers that no longer operate. That’s actually pretty typical, and it happens frequently in retail…
Costco has a gift card problem as key partner goes bankrupt thestreet.com Read the original article here
The jewellery tycoon, alleged to have orchestrated a £170m scam which defrauded a legion of wealthy investors, will be declared bankrupt if a bid by his former company’s liquidators is successful. Sky News has learnt that insolvency practitioners in charge of probing the demise of Vashi, a luxury diamond jeweller which had shops in some…