The impression is that more businesses are shutting up shop than ever, which casts a shadow over the communities, workers and supply chains that depend on them. In fact, financial and real estate advisory BTG’s Red Flag Alert highlighted a 51% rise in businesses facing critical states of distress across Scotland in Q1 of 2026…
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New Delhi, Appellate insolvency tribunal NCLAT has directed the Mumbai bench of NCLT to decide within 15 days on an application seeking withdrawal of insolvency proceedings against Epic Yarns Pvt Ltd, following a settlement between the company and its operational creditor. A three-member NCLAT bench noted that the entire claim by Epic Yarns’ operational creditor…
New Delhi, Cotton bales manufacturer Axita Cotton Ltd has submitted an expression of interest (EoI) to acquire Gujarat-based Varidhi Cotspin Pvt Ltd, which is currently going through the Corporate Insolvency Resolution Process (CIRP). It submitted the EoI on August 21, 2026, for participation in the CIRP of Varidhi Cotspin, the company said in a regulatory…
Germany’s economy is in the throes of a deep crisis, with approximately 188,000 companies ceasing operations in 2025, 10 percent more than the previous year and the highest number in nearly 20 years. The wave of bankruptcies in Germany remains at a historically high level and has shown no signs of abating. According to the…
Hamilton accountant suspended over insolvency, unpaid tax Waikato Times Read the original article here
NCLAT orders NCLT to decide Epic Yarns” insolvency withdrawal plea within 15 days after a settlement with Uma Exports, citing IBC Section 12A implications. New Delhi, Aug 24 (PTI) Appellate insolvency tribunal NCLAT has directed the Mumbai bench of NCLT to decide within 15 days on an application seeking withdrawal of insolvency proceedings against Epic…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Petrotel Lukoil refinery announces its entry into insolvency to protect its operations Informat.ro Read the original article here
SKIL Infrastructure CoC appoints AMS & Co as statutory auditor for FY26 scanx.trade Read the original article here