A businessman who sold seven classic cars for just £1 to another company he controlled has been banned from being a director for six years. Kulbarg Singh, 62, was director of Aldridge Construction Engineering Ltd when he sold all the company assets to Ace Earth Solutions Ltd, of which he was also a director, in…
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Tuesday barred the interim resolution professional (IRP) of bankrupt Gensol Engineering Ltd from leasing out 152 electric vehicles (EVs), following a plea by SMAS Auto Leasing India Pvt. Ltd, which had originally leased the vehicles to Gensol before it entered insolvency. The order came after…
Start-ups and insolvencies both on the rise in Yorkshire and Humber Rotherham Advertiser Read the original article here
Yorkshire and Humber sees second consecutive rise in business start-ups – but insolvency-related activity also climbs Doncaster Free Press Read the original article here
An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: 8e6b8d30a8b0572b9cb40d796e27a202, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-08-05T10:00:43.889480503+00:00 Read the original article here
Many iconic retail brands have experienced ups and downs in recent years. Some have disappeared from the map, while others are struggling to reinvent themselves and reconnect with their customers. In this context, the return of a very popular chain in the US has caused great anticipation. After filing for bankruptcy in April 2023, the…
It’s now the end of the road for XL Express. Image: Scott Donkin/adobe.com Brisbane-based XL Express, which went into voluntary administration in late June, has now gone into liquidation with more than $40 million in estimated debts. XL Express appointed FTI Consulting on June 27 to conduct an “urgent assessment” of the company’s viability, which…
The number of UK construction companies in ‘significant’ distress has risen 13.9% from Q2 2024, while the number in ‘critical’ distress has increased 15.8% to 6,999, according to Begbies Traynor. The corporate recovery specialist has produced its quarterly Red Flag Alert reports on British corporate health for almost two decades. In the second quarter of…
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Small business owner says her company went bankrupt because of Tesla’s unpaid bills WABI Read the original article here