MUMBAI: The National Company Law Tribunal (NCLT) has admitted Canara Bank’s insolvency plea against Mumbai-based real estate company Supreme Housing and Hospitality Private Limited over alleged dues exceeding Rs 567 crore, after multiple failed one-time settlement (OTS) attempts and prolonged litigation. The Mumbai bench of the tribunal, in an order dated May 13, initiated the…
A UK pub firm based in a popular tourist region has collapsed into liquidation with over £500,000 in debts, according to reports. Cotswold Pub Partnership Limited, which traded as The Fox Inn in Great Barrington, Oxfordshire, entered insolvent liquidation last year. While the firm behind the riverside inn which describes itself as an “award-winning gastropub…
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UK bedding company supplying Debenhams enters administration owing £1.6 million News Shopper Read the original article here
UK bedding company supplying Debenhams enters administration owing £1.6 million Theresident.co.uk Read the original article here
New Delhi [India], May 14 : The National Company Law Tribunal (NCLT) has closed the corporate insolvency resolution process (CIRP) against Nobility Estates Private Limited, the developer of ATS Group’s “Le Grandiose” housing project in Noida, after approving a settlement reached between lenders and the company’s former management. The order was recently made by the…
SINGAPORE – The liquidators of a Singapore company caught in the Wirecard scandal have been barred from using millions in frozen funds to bankroll future lawsuits, which a High Court judge said have poor prospects of success. Instead, the liquidators of oCap Management should focus on winding up the company and “distribute what remains of…
Insolvencies declared in April increased by 10% compared to the same month in 2025, while the closure of insolvency proceedings grew by 17%. Conversely, the creation of new companies fell by almost 9%, reflecting a slowdown in business activity. Data from Iberinform indicates that, in the fourth month of the year, 154 companies were declared…
REVEALED: Latest business liquidations in Wakefield Adelaide Now Read the original article here
Embassy Developments Secures Bengaluru Land, Exits Insolvency, But Valuation Questions Persist Whalesbook Read the original article here