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Category Archives: Bankruptcy

New IBC rules to force quick settlements, block tactical delays by promoters

BankruptcyBy EditorSeptember 18, 2025

New Delhi: Promoters seeking to halt bankruptcy proceedings by repaying creditors will need to settle dues at an early stage, instead of waiting for rival bids from potential investors, under amendments to India’s Insolvency and Bankruptcy Code (IBC) now before Parliament, experts said. The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 seeks to overhaul the…

Specialist in wireless LED control goes bankrupt

BankruptcyBy EditorSeptember 18, 2025

Cosmicnode, a Dutch specialist in wireless control solutions for LED lighting and other applications, has gone bankrupt. The company, based at the High Tech Campus in Eindhoven, the Netherlands, had been operating under the radar for years. Just this spring, when it began to present itself more visibly to the market, it filed for…

Budapest’s Opposition-Held Municipality Could Go Bankrupt by End of 2025 – Hungary Today

BankruptcyBy EditorSeptember 18, 2025

Budapest’s Opposition-Held Municipality Could Go Bankrupt by End of 2025  Hungary Today Read the original article here

Jamie Oliver says his restaurant empire went bankrupt as he was ‘conceptually thick’

BankruptcyBy EditorSeptember 18, 2025

by Feeds-Bang | 18 September 2025 Jamie Oliver believes his restaurant empire went under because he did not get the basics right and was “conceptually thick”. Jamie Oliver believes his restaurant empire went bankrupt because he did not get the basics right and was ‘conceptually thick’ The Naked Chef, 50, saw his Jamie’s Italian restaurant…

Former Institute of Directors boss disqualified as a company director – MSN

BankruptcyBy EditorSeptember 18, 2025

Former Institute of Directors boss disqualified as a company director  MSN Read the original article here

Former Institute of Directors boss disqualified as a company director

BankruptcyBy EditorSeptember 18, 2025

Anna Daroy served as interim chief operating officer and later as interim director general of the Institute of Directors for a year from October 2018. In a report on Thursday, the Insolvency Service said that six months after leaving her role at the IoD, she secured two maximum-value £50,000 Bounce Back Loans from separate banks…

Former Institute of Directors boss disqualified as a company director

BankruptcyBy EditorSeptember 18, 2025

Anna Daroy served as interim chief operating officer and later as interim director general of the Institute of Directors for a year from October 2018. In a report on Thursday, the Insolvency Service said that six months after leaving her role at the IoD, she secured two maximum-value £50,000 Bounce Back Loans from separate banks…

Former Institute of Directors boss disqualified as a company director

BankruptcyBy EditorSeptember 18, 2025

Anna Daroy served as interim chief operating officer and later as interim director general of the Institute of Directors for a year from October 2018. In a report on Thursday, the Insolvency Service said that six months after leaving her role at the IoD, she secured two maximum-value £50,000 Bounce Back Loans from separate banks…

Former Institute of Directors boss disqualified as a company director

BankruptcyBy EditorSeptember 18, 2025

Anna Daroy served as interim chief operating officer and later as interim director general of the Institute of Directors for a year from October 2018. In a report on Thursday, the Insolvency Service said that six months after leaving her role at the IoD, she secured two maximum-value £50,000 Bounce Back Loans from separate banks…

Former Institute of Directors boss disqualified as a company director

BankruptcyBy EditorSeptember 18, 2025

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails A former director general of the Institute of Directors has been disqualified as a company director for Covid loan abuse,…

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