SUMMARY NCLT has issued notices to BluSmart and EPC company Gensol Engineering on insolvency petitions by creditors Spectrum Trimpex Pvt. Ltd and Catalyst Trusteeship Ltd moved NCLT against BluSmart over unpaid dues worth INR 1 crore each. Equentia Financial Services Pvt. Ltd said that Gensol Engineering owed it around INR 9 Cr The National Company…
Youth and sports minister Hannah Yeoh said the main cause of bankruptcy among the youth in 2024 was personal loans. KUALA LUMPUR: A total of 5,272 youth below the age of 34 have been declared bankrupt from 2020 to this year, according to youth and sports minister Hannah Yeoh. She said that of the total,…
Meyer Burger’s German subsidiaries file for insolvency pv magazine Australia Read the original article here
SFO launches probe into alleged fraud at bankrupted Council The Serious Fraud Office (SFO) has launched an investigation into an alleged multi-million-pound fraud committed against Thurrock Council. The anti-fraud agency opened a probe into UK-based Rockfire Investment Finance Plc. Between 2016 and 2020, Thurrock Council invested millions in solar farms through a bond scheme sold…
Here’s what spurred layoffs at Meyer Burger’s solar plant in Goodyear The Business Journals Read the original article here
A Thames Water logo is pictured on a sign outside the company”s Beddington Sewage Treatment Works, near Croydon, south London on March 14, 2025. Britain’s biggest water supplier, Thames Water, was hit on May 28, 2025 with a record fine of 122.7 million ($165 million) over pollution and improper dividend payments, a regulator said.…
Founded in 2014, LlamaZOO provided real-time 3D visualizations for the forestry, mining, and oil and gas industry to map out their projects KPMG in Canada has acquired the assets and remaining workers of a Victoria tech firm that went bankrupt and laid off most of its staff last year following a downturn in the tech…
A Thames Water logo is pictured on a sign outside the company’s Beddington Sewage Treatment Works, near Croydon, south London on March 14, 2025. Britain’s biggest water supplier, Thames Water, was hit on May 28, 2025 with a record fine of 122.7 million ($165 million) over pollution and improper dividend payments, a regulator said.…
BarcelonaGood news for the Catalan energy company Holaluz. The judge in Barcelona’s Commercial Court No. 5 has approved the company’s debt restructuring plan, giving the group a breathing space and allowing it to avoid the insolvency it would have been forced to face due to the debt maturities it was facing. Holaluz has informed BME…
KPMG aquires assets of insolvent Victoria tech firm Llamazoo for $1.45M Times Colonist Read the original article here