The National Law Company Tribunal (NCLT) in Bengaluru on Thursday once again deferred its order on a petition seeking the initiation of insolvency proceedings against hyperlocal delivery platform Dunzo, as per reports by Bar & Bench. This marks the third postponement by the Tribunal, despite the urgency outlined under India’s Insolvency and Bankruptcy Code (IBC).…
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails A bankrupt landlord has been handed a suspended sentence after he “took advantage” of a taxpayer-backed Covid loan scheme by…
Most creditors oppose restructuring, court to hear case in May British specialty steelmaker Liberty Specialty Steel UK may face bankruptcy proceedings after all Greensill’s creditors and more than three-quarters of other creditors voted against the company’s restructuring plan. This was reported by Argus.Media, citing sources in the company. The restructuring plan was considered at a…
Gary Wright was the owner of the Talbot Ale House in St Helens before it ceased trading in 2019, prior to the pandemic Wright was subsequently declared bankrupt in early 2020 This did not stop him applying for a £25,000 Bounce Back Loan on behalf of the pub, failing to tell the bank he was…
Gary Wright was the owner of the Talbot Ale House in St Helens before it ceased trading in 2019, prior to the pandemic Wright was subsequently declared bankrupt in early 2020 This did not stop him applying for a £25,000 Bounce Back Loan on behalf of the pub, failing to tell the bank he was…
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SKAS Secures NCLT Approval For Composite Scheme Of Arrangement For Genus Group Of Companies BW Legal World Read the original article here
Blokker, the Dutch household retail chain that was declared bankrupt at the end of last year, is planning to return to the market with 30 to 40 new stores across the Netherlands. That figure, while not officially confirmed by the company, has been cited by several suppliers and individuals involved in ongoing negotiations with the…
Press Release – BWA Insolvency Industries hit hardest in the last quarter were tourism, transport and delivery, construction and manufacturing. The construction industry has seen continued high rates of business failure Latest insolvency figures reveal a sharp rise in business failures, highlighting both challenges and opportunities for New Zealand business owners. The BWA Insolvency Quarterly…
Friday, 2 May 2025, 2:41 pmPress Release: BWA Insolvency Latest insolvency figures reveal a sharp rise in business failures, highlighting both challenges and opportunities for New Zealand business owners. The BWA Insolvency Quarterly Market Report released today shows insolvency rates between January and March 2025 surged by 31% compared to the same period in the…