The number of company insolvencies registered in Scotland fell by a quarter in May compared with the same month last year, according to the latest figures published by the Insolvency Service. A total of 100 company insolvencies were registered in Scotland in May 2026, down 25 per cent from May 2025. The figures show that…
A new wave of corporate insolvency threatens the global economy, as bankruptcies worldwide surged by 12% already in the first quarter of 2026 compared to the corresponding period last year – This emerges from a recent report by credit insurance giant Coface. According to the company’s data, the primary trigger for this trend is the…
Vikram Solar shares fall 3% after NCLT admits insolvency petition against the company. Here’s why The Economic Times Read the original article here
Vikram Solar shares fall 2% after NCLT order admitting an insolvency petition Moneycontrol.com Read the original article here
The National Company Law Tribunal (NCLT) has admitted fintech major Paytm’s insolvency plea against online gaming company Fabzen Technologies, which operates games such as Ludo Empire, Callbreak Empire and Skill Patti Empire, over unpaid digital advertising dues of over ₹3.41 Cr. Paytm parent One97 Communication has alleged that Fabzen failed to honour invoices for in-app…
#SHOWBIZ: Singer Zul of Handy Black shares past bankruptcy struggles, urges public to seek help | New Straits Times … Read the original article here
Online gaming company Fabzen Technologies Pvt Ltd, the operator of popular gaming platforms such as Ludo Empire, Callbreak Empire, and Skill Patti Empire, has suffered a major legal setback after the Mumbai Bench of the National Company Law Tribunal (NCLT) admitted an insolvency petition filed by One97 Communications Ltd, the parent company of Paytm. The…
A company which helped provide work experience placements for pupils has entered liquidation, leaving some students in limbo. Dom Education Limited of Watling Street, Gillingham, was contracted to provide work experience placements for some Year 10 students at Holcombe Grammar School in Letchworth Avenue. From left, sisters, Diana and Debbie Domican, founders of Dom Education…
The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted an insolvency petition against solar module manufacturer Vikram Solar Ltd under Section 9 of the Insolvency and Bankruptcy Code (IBC), following a plea filed by operational creditor Isitva Steels Private Limited over an alleged default of ₹9.44 crore. The insolvency application pertains to unpaid dues…
A Practical Perspective on India’s Evolving Insolvency Framework Introduction The Insolvency and Bankruptcy Code, 2016 (IBC) is widely regarded as one of India’s most significant economic and legal reforms. Before its introduction, recovery and insolvency matters were governed by different laws and forums, often resulting in prolonged litigation, uncertainty and erosion…