AI startup Builder.ai enters insolvency proceedings – Investing.com
AI startup Builder.ai enters insolvency proceedings Investing.com Read the original article here
Microsoft-Backed Builder.ai to Enter Insolvency Proceedings – Bloomberg.com
Microsoft-Backed Builder.ai to Enter Insolvency Proceedings Bloomberg.com Read the original article here
Monthly company insolvencies rise to highest level since last July – MSN
Monthly company insolvencies rise to highest level since last July MSN Read the original article here
Monthly company insolvencies rise to highest level since last July
Business insolvencies rose in April to their highest level since July last year after firms faced fresh tax increases, according to official data. Registered company insolvencies in England and Wales grew by 3% to 2,053 in April compared with the previous month, the Insolvency Service revealed. It was, however, still down 5% against the same…
Bilta and others v Tradition Financial Services: the UK Supreme Court addresses the scope of s.213 Insolvency Act 1986 | Insights
On 7 May 2025, the UK Supreme Court handed down its judgment in Bilta (UK) Ltd (in liquidation) and others v Tradition Financial Services Ltd [2025] UKSC 18. The judgment primarily concerned the scope of s.213 Insolvency Act 1986 (“s.213“), the provision under which any persons who were knowingly parties to the carrying on of…
Scottish company insolvencies down 7% year-on-year – insider.co.uk
Scottish company insolvencies down 7% year-on-year insider.co.uk Read the original article here
Art investment company with two disqualified directors is wound up: TONY HETHERINGTON investigates
Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. An art investment company that The Mail on Sunday revealed had employed two barred directors – one with…
National Company Law Tribunal bench inaugurated at Kolkata – Bar and Bench
National Company Law Tribunal bench inaugurated at Kolkata Bar and Bench Read the original article here
Commentary – Company Insolvency Statistics April 2025
1. Main messages for England and Wales The number of registered company insolvencies in England and Wales was 2,053 in April 2025, 3% higher than in March 2025 (1,996) but 5% lower than the same month in the previous year (2,163 in April 2024). Company insolvencies over the past 12 months have been slightly lower…
NCLAT upholds insolvency order for Future Ideas Company Limited
National Company Law Appellate Tribunal (NCLAT) on Monday upheld NCLT’s order admitting Future Ideas Company Limited (FICL), part of the Future Group, into insolvency over dues of ₹122.83 crore. National Company Law Tribunal (NCLT), Mumbai, admitted FICL into insolvency last month in an insolvency petition filed by Axis Trustee Services, representing Franklin Templeton Asset Management…