By CIARAN FOREMAN, SPORTS REPORTER Published: 21:14 AEDT, 28 December 2025 | Updated: 21:24 AEDT, 28 December 2025 England rugby legend is Lawrence Dallaglio is facing financial ruin after being hit with a fresh £500,000 bill. The World Cup winner, 53, was declared bankrupt earlier this year after he and his wife of almost 20…
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NEW DELHI, Dec 27: Appellate tribunal NCLAT has rejected Equitas Small Finance Bank’s appeal to initiate insolvency proceedings against Jumbo Finvest, upholding a National Company Law Tribunal order in the matter. Earlier, the Jaipur Bench of NCLT had rejected an insolvency plea against Jumbo Finvest, observing that it is a Financial Service Provider within…
ANI | Updated: Dec 27, 2025 17:09 IST New Delhi [India], December 27 (ANI): India needs to be comfortable with people and companies going bankrupt, as continuous insolvency and bankruptcy are essential for building a risk-taking and dynamic economy, said Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal.In an interview with ANI,…
Appellate tribunal NCLAT has rejected Equitas Small Finance Bank’s appeal to initiate insolvency proceedings against Jumbo Finvest, upholding a National Company Law Tribunal order in the matter. Earlier, the Jaipur Bench of NCLT had rejected an insolvency plea against Jumbo Finvest, observing that it is a Financial Service Provider within the meaning of 3(17) of…
French startup Ÿnsect shot into the spotlight when “Iron Man” star Robert Downey Jr. touted its merits on the “Late Show” during Super Bowl weekend 2021. Now, nearly four years later, the insect farming company has been placed into judicial liquidation — essentially bankruptcy — for insolvency. The company’s demise is hardly a surprise, as…
The insolvency appellate tribunal NCLAT has ruled that the Committee of Creditors (CoC) cannot modify an approved resolution plan to reallocate funds meant for dissenting financial creditors, reaffirming limits on the exercise of commercial wisdom after a plan has been cleared, PTI reported.Dismissing an appeal filed by Bank of Baroda in the insolvency proceedings of…
A tiny island was once hailed as one of the richest in the world before it went bankrupt. Nauru, an island nation in the Pacific Ocean is home to a mere 12,000 people, with a stunning coastline and beautiful beaches. But the couple of hundreds visitors who go there each year may not be aware…
The High Court ruling opens the way for creditor actions and insolvency proceedings, which may include being wound up [SINGAPORE] An application for a moratorium by a group of eight companies, including Autobahn Rent A Car, was dismissed by the High Court on Friday (Dec 26). The group had sought a six-month moratorium and a…
6 jean companies most likely to go bankrupt in 2026 MSN Read the original article here