Can firms withhold payments to sanctioned suppliers without facing insolvency? – Mint
Can firms withhold payments to sanctioned suppliers without facing insolvency? Mint Read the original article here
Company behind Thomson TVs & media boxes goes bankrupt – FlatpanelsHD
Company behind Thomson TVs & media boxes goes bankrupt FlatpanelsHD Read the original article here
BGR Energy Insolvency Plea: NCLT admits ₹584.67 Cr default case, firm to appeal
BGR Energy Systems has informed stock exchanges that the National Company Law Tribunal (NCLT), Amaravati Bench, has admitted an insolvency petition against the company, initiating the Corporate Insolvency Resolution Process (CIRP). According to the company’s disclosure, the tribunal, in its order dated April 17, 2026, admitted the application filed by National Asset Reconstruction Company Limited…
Iran war to tip 15,000 more firms into insolvency, Allianz warns – Insurance Business
Iran war to tip 15,000 more firms into insolvency, Allianz warns Insurance Business Read the original article here
Iran war to tip 15,000 more firms into insolvency, Allianz warns – Insurance Business
Iran war to tip 15,000 more firms into insolvency, Allianz warns Insurance Business Read the original article here
Canadian Insolvency: Key Developments and Emerging Trends
Several significant judicial decisions were released in 2025 that remain relevant to businesses, commercial lenders and restructuring professionals. This bulletin summarizes the key developments of 2025 and highlights areas of significance for restructuring professionals and market participants to monitor in 2026. 1. Hudson’s Bay Company and Assignment of Contracts North America’s oldest corporation, the Hudson’s…
Investor admits taking millions from Thurrock Council – BBC
Investor admits taking millions from Thurrock Council BBC Read the original article here
A Running List of Companies That Filed for Bankruptcy in 2026
If you thought 2025 was a rollercoaster of going-out-of-business sales and restaurant failures, buckle up for 2026, because it’s already off to an inauspicious start. A number of big businesses have already filed for bankruptcy this year, and that trend is expected to continue throughout the year. Here’s a running list of companies that have…
Rs 15 lakh PF deducted but not deposited: HC allows criminal case to continue against director of company that turned insolvent
A company had deducted Rs 15.14 lakh from employees’ salaries for their provident fund for the period March 2012 to March 2013 and from May 2013 to July 2013, but didn’t deposit this money with the Employee Provident Fund Organisation (EFPO). Now, this company is insolvent. Seeing this gross misconduct, the Employee Provident Fund inspector…
Investor admits taking millions from Thurrock Council
In 2019, £15m was transferred to Kavanagh by company Rockfire Investment Finance, where he was chief executive. Kavanagh said he believed these were fees for the transactions made on behalf of the council. He admits spending £13.7m on a yacht, £9.1m on a private jet, purchasing a £3m villa in Mallorca and spending £800,000 on…