The Ahmedabad bench of the National Company Law Tribunal (NCLT) has admitted Lepton Software Export and Research’s petition seeking insolvency proceedings against the debt-ridden company BluSmart Mobility Tech, which operated an all-electric ride-hailing fleet and also provided electric vehicle charging infrastructure. The tribunal has appointed Pawan Kumar Goyal as the interim resolution professional (IRP) and…
Dentons represents Green City bondholders as joint representative in insolvency plan proceedings Dentons Read the original article here
The disgraced 80-year-old has refused to cough up £508,000 in damages awarded by the High Court last year to a woman he raped when she was 12 Jeremy Armstrong News Reporter, Faye Preston and Tom Pettifor 11:03, 23 Oct 2025 Gary Glitter, who has been ordered by a High Court judge to pay £508,800 in…
Pizza Hut restaurants at Bristol and Cribbs Causeway will shut. The company will also shut 11 delivery sites as part of a restructuring, which will put 1,210 workers at risk of redundancy. DC London Pie, the firm running Pizza Hut’s UK dine-in restaurants under a franchise deal, appointed administrators from corporate finance firm FTI on Monday, October 20.…
Dudley director jailed for falsely claiming £50,000 Covid Bounce Back Loan Craig Smith lied about his turnover to secure the maximum loan available. Craig Smith was charged with fraud after receiving £50,000 he was not entitled to Smith was jailed earlier this month following Insolvency Service investigations The boss of a property maintenance company who…
Dudley director jailed for falsely claiming £50,000 Covid Bounce Back Loan Craig Smith lied about his turnover to secure the maximum loan available. Craig Smith was charged with fraud after receiving £50,000 he was not entitled to Smith was jailed earlier this month following Insolvency Service investigations The boss of a property maintenance company who…
While AI may arguably be the most significant change in the accounting world, the continual increase in corporate insolvency is where accountants should focus their attention, writes Trevor Withane. Corporate insolvency on the rise Australian corporate insolvency appointments have almost tripled since the 2021–2022 financial year, with the highest numbers occurring in NSW. The hardest-hit…
“Without HECE, KOASH would go bankrupt”/ Archbishop Joan: His Beatitude Anastasius made autocephaly a condition for the Patriarchate cna.al Read the original article here
Latest data from Accountant in Bankruptcy has found that business insolvencies in Scotland decreased by 5% to 298 in 2025-26 Quarter 2 (Q2) from 313 in 2024-25 Q2. Business insolvency numbers in Scotland for 2025-2026 Q2 decreased by 10% compared to last quarter. Commenting on the latest insolvency stats, Emma Widdowson, chair of R3 in…
Two key enablers of a scheme designed to undermine insolvency legislation by allowing business owners to keep their assets and drop debts have been banned as company directors. Sisters Karen Mortimer and Joanna Seawright put the creditors of 138 companies at risk of financial loss after taking control of the businesses which were referred to…