Ghanshyam Sarup Batra transferred more than £100,000 from his company’s bank account to his personal account over four days in May 2017, leaving just £3.48 behind The transfers began less than an hour after a receiver was appointed to take control of the company following Batra’s failure to pay a £6.5 million court-ordered debt he…
BIL Vyapar Limited Schedules Fifth Committee of Creditors Meeting for February 19, 2026 scanx.trade Read the original article here
Blue Blends India Emerges from Insolvency, But Financial Shadows Linger Blue Blends (India) Limited has taken a significant step by officially exiting the Corporate Insolvency Resolution Process (CIRP) on December 6, 2024, and has since reported its unaudited financial results for the quarters ending June 30, September 30, and December 31, 2024. The company has…
New Zealand is experiencing its highest level of formal appointments in 15 years, reflecting sustained pressure across multiple sectors and a recovery that remains slow and uneven. Our latest New Zealand Insolvency Trends report highlights the sectors where financial stress is intensifying, the key forces driving this uplift, and the implications of rising insolvencies…
Financial Deep Dive AGS Transact Technologies Limited is battling severe financial distress, evidenced by its ongoing Corporate Insolvency Resolution Process (CIRP). The company reported a substantial loss of ₹70 crore in the fiscal year 2024 (FY24) on revenues of ₹1,043 crore [6, 25]. More recently, its financial health has continued to deteriorate, with the nine-month…
Brussels cinema to close after Belgium’s oldest film distributor goes bankrupt The Brussels Times Read the original article here
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Latest monthly statistics from the Insolvency Service show that business insolvencies and personal insolvencies fell in Northern Ireland in January 2025 The data showed that there were 118 personal insolvencies, 16% lower than in January 2025. The insolvencies comorised of 85 IVAs, 19 DROs and 14 bankruptcies. Business insolvency data showes that. there were 21 company insolvencies,…
Two of the three former owners of Baldwins Travel have been banned from acting as company directors for a combined total of 23 years. The Insolvency Service barred Scott Dylan and David Antrobus from being directors in December following a High Court ruling that they channelled £13.9 million in unauthorised overdrafts through companies which…
Costco recalls gift cards after supplier goes bankrupt wwlp.com Read the original article here