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The Workers’ Union of Hindustan National Glass & Industries Ltd. (HNGIL) has raised concerns over the conduct of M/s Exclusive Capital Ltd. (ECL), a Reserve Bank of India (RBI)-registered Non-Banking Financial Company (NBFC), during the ongoing corporate insolvency process of HNGIL. In a representation dated June 24, the union urged the RBI and Justice (Retd.)…
The Insolvency Company, a part of Monahans, has announced the expansion of its newly integrated insolvency team, reflecting the firm’s continued growth across the South and South West. The insolvency team now operates across all 11 Monahans offices, includingTrowbridge, and Swindon. This move means businesses and individuals throughout the region have easier access to support…
1. Data sources and data validation Individual-level company insolvency data for England & Wales, Scotland and Northern Ireland were sourced from Companies House (except for compulsory liquidation data for England & Wales and Northern Ireland, see below). Companies House conducts a series of basic checks on the data, including the removal of duplicate records, prior…
The Insolvency Company, a part of Monahans, has announced the expansion of its newly integrated insolvency team, reflecting the firm’s continued growth across the South and South West. The insolvency team now operates across all 11 Monahans offices, includingTrowbridge, and Swindon. This move means businesses and individuals throughout the region have easier access to support…
Financial distress rarely arrives overnight. Margins erode, cash weakens, and boardroom optimism obscures early signs of danger. It is in these moments, before insolvency sets in, that expert advisors make the difference between survival and shutdown. Legal and restructuring specialists agree: the earlier the intervention, the wider the recovery options. Shane Harron, partner at Dillon…
By William Janes ( June 26, 2025, 5:32 PM BST) — The first half of 2025 has seen a surge in companies filing for restructuring plans amid increasing financial distress caused by geopolitical troubles and the advent of AI, according to a LexisNexis report published Thursday on the fifth anniversary of the introduction of the…
Advisors appointed around six more companies including Godwin BTR Services and Godwin Development Services Want to read the full article? You must be a subscriber to our UK/Europe news coverage to read this article. Please Login or Subscribe Read the original article here
Photo: Meyer Burger Swiss solar manufacturer Meyer Burger has filed for voluntary Chapter 11 bankruptcy relief in the US after filing for insolvency proceedings earlier this month in Germany. June 27, 2025: In a court filing on Wednesday, Meyer Burger stated that it was starting the Chapter 11 bankruptcy process in the US. The company…