A Welsh businessman, who was made bankrupt nearly 20 years ago, has been jailed for more than four years after hiding £130,000 in assets, continuing to operate as a company director, and obtaining more than £100,000 in credit. Helim Miah ran Fresh ‘N’ Clean (Wales) Ltd until 2006, when he was made bankrupt owing £12.3…
NCLT Ahmedabad bench admits insolvency petitions against Blusmart Mobility MSN Read the original article here
Company insolvencies in England and Wales fall Just in: the number of companies in England and Wales falling into insolvency dropped last month. The Insolvency Service has reported that there were 2,043 registered company insolvencies in England and Wales in June, 8% lower than in May 2025 (2,230) and 16% lower than in June 2024,…
BluSmart enters insolvency over financial default The Morning Context Read the original article here
BENGALURU: The National Company Law Tribunal (NCLT) in Ahmedabad has admitted Catalyst Trusteeship’s petition against electric‑cab operator BluSmart Mobility for defaulting on dues of about Rs 1.28 crore. The tribunal’s order initiated the corporate insolvency resolution process (CIRP) and appointed NPV Insolvency Professionals Private Ltd as the Interim Resolution Professional (IRP).BluSmart, once a high‑profile player…
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Helim Miah was made bankrupt in 2006, owing millions to his creditors. Despite a bankruptcy order and a 13-year director disqualification, he formed two companies and bought a car on finance. He was sentenced to four years and eight months in prison at Merthyr Tydfil Crown Court. A Welsh businessman, made bankrupt nearly 20 years…
July 29 (Reuters) – Indian electric cab firm BluSmart has entered insolvency, an order from a company law tribunal showed, amid mounting corporate governance issues after a regulatory probe alleged its co-founder diverted funds meant for vehicle purchases. BluSmart suspended operations in April after India’s market regulator barred co-founder Anmol Jaggi from the securities market.…
The Ahmedabad bench of the National Company Law Tribunal has admitted a petition seeking to initiate bankruptcy proceedings against ride hailing startup BluSmart Mobility. BluSmart Mobility was founded by the Jaggi brothers, the promoters of Gensol Engineering, a listed solar engineering company. Gensol itself was admitted into insolvency proceedings by the same NCLT bench in…
Princess Andre shows off HUGE designer shopping haul after mum Katie Price was made bankrupt twice The Sun Read the original article here