NCLAT Limits Ansal Properties’ Insolvency To Sushant Golf City and Rajasthan Projects

The National Company Law Appellate Tribunal (NCLAT) at New Delhi refused to overturn the insolvency proceedings against Ansal Properties and Infrastructure Limited.However, it restricted the process to Sushant Golf City in Lucknow and three Rajasthan projects: Ansal Royal Plaza, Orchid Plaza, and Tulip Plaza. The tribunal said extending the insolvency process to projects not linked…

Bankruptcies of large companies in Germany surge

In 2025, there was a significant increase in the number of bankruptcy cases involving large companies in Germany. According to a study by business consultancy Falkensteg, the number of large companies – defined as those with more than €10 million in turnover – going bankrupt has grown by about a quarter to 471 last year,…

October Construction Insolvencies Up on Previous Year

In October 2025, 360 construction companies registered as insolvent, accounting for 16.6% of all insolvencies in England and Wales. This was 69 more than had been recorded in September and was up by 40 on the 320 recorded in October 2024, according to official figures from The Insolvency Service. The total number of construction insolvencies…