(Business in Cameroon) – State-owned rice farming company, Semry, is facing a severe financial crisis that threatens its existence, according to a recent audit report by the Chamber of Accounts of the Supreme Court. The report, which covers the 2018-2021 period, reveals that the Yagoua Rice Farming Expansion and Modernization Company (Semry), a public entity…
New Delhi: Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating firm ICRA. As per the ICRA, only 724 companies were admitted for insolvency, a sharp 28 per cent drop from 1,003 in the previous year. The number of approved…
Wednesday, 28 May 2025, 10:22 The economic crisis of 2008 was the start of the downfall for a family business in the agri-food sector. Nearly two decades later, the couple were living in a situation where they owed more than two and a half million euros in debts. Finally, a Malaga court has exonerated them…
Helmsman details insolvency processes in Singapore amidst closure of oil, shipping firms Manifold Times Read the original article here
Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating firm ICRA. As per the ICRA, only 724 companies were admitted for insolvency, a sharp 28 per cent drop from 1,003 in the previous year. The number of approved resolution plans…
Corporate insolvency cases fall 28% to 724 in FY2025; recoveries still low: ICRA The Economic Times Read the original article here
New Delhi [India], May 28 (ANI): Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating firm ICRA. As per the ICRA, only 724 companies were admitted for insolvency, a sharp 28 per cent drop from 1,003 in the previous year.…
PR Newswire – 5 minutes ago TORONTO and WINDSOR, ON , May 27, 2025 /CNW/ – Unifor members who work at Hudson’s Bay Company (HBC) rallied in Windsor and Toronto to call for urgent insolvency reform and accountability from HBCexecutives who continue to deny workers’ severance as liquidation nears completion. The rallies, led by Unifor…
TORONTO/WINDSOR—Unifor members who work at Hudson’s Bay Company (HBC) rallied in Windsor and Toronto to call for urgent insolvency reform and accountability from HBCexecutives who continue to deny workers’ severance as liquidation nears completion. The rallies, led by Unifor Locals 40 and 240 which represent nearly 600 HBC workers, brought attention to the devastating impact…
Mumbai: The Bengaluru bench of the National Company Law Tribunal has dismissed an insolvency petition against e-commerce delivery startup Dunzo Digital Pvt. Ltd. The insolvency court was hearing an insolvency petition filed last year by one of the company’s financial creditors—called Invoice Discounters of Dunzo Digital Pvt Ltd—for non-payment of dues. On Tuesday, an NCLT…