JCT Ltd, a leading manufacturer of filament yarn and composite textiles, has formally entered the Corporate Insolvency Resolution Process (CIRP) following an order of the National Company Law Tribunal (NCLT). An “Invitation for Expression of Interest” (EoI) issued by the Deemed Resolution Professional, Hasti Mal Kachhara, has now called for prospective resolution applicants. The company’s…
In a recent ruling, the Chandigarh bench of the National Company Law Tribunal (NCLT) in view of the satisfaction of the conditions provided under section 33 of the Code, the Corporate Debtor, i.e., JM Feed Mills Private Limited, is directed to be liquidated in the manner as laid down in Chapter III of the Insolvency…
In the second quarter of 2025, the number of registrations of EU businesses increased by 4.6% compared with the first quarter of 2025. At the same time, the number of bankruptcy declarations increased by 1.7% compared with the first quarter of 2025. This information comes from data on business registrations and bankruptcies published by Eurostat…
Driven by rail and intermodal HHLA reports robust H1 2025 performance German logistics company HHLA has had a very successful first half of 2025. Revenue (884,5 million euros) and EBIT (79,4 million euros) are up substantially,… 14 August 2025 Read the original article here
NCLAT clears insolvency for Supertech Realtors’ Supernova project in Noida Prop News Time Read the original article here
Emergency housing moteliers go bankrupt Stuff Read the original article here
Navigating Singapore’s Economic Headwinds: Why Insolvency Protection is No Longer Optional Singapore Business Review Read the original article here
Insolvency appointments August 2 to 15 2025 businessnews.com.au Read the original article here
EDC Group NE Ltd, UK EDC Ltd and UK TCF Limited have been shut down by the High Court after keeping more than £50,000 in funds they collected on behalf of clients The three companies falsely claimed decades of experience despite being recently established, and used fake testimonials and misleading websites to deceive small businesses…
Insolvency and Bankruptcy Code (Amendment) Bill, 2025: Key Reforms And What They Mean For Stakeholders BW Legal World Read the original article here