NCLT Mumbai Bench Closes Insolvency Petition Against Prabhat Technologies After Full Implementation of Resolution Plan scanx.trade Read the original article here
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The Board of Directors of Morrow Batteries ASA has today resolved to file for bankruptcy proceedings. Similar decisions have been made by the board in the subsidiaries Morrow Technologies AS and Morrow Industrialization Center AS. The Board regrets that it was not possible to secure a limited additional timeframe to complete the ongoing process of…
HVS was founded in September 2017 and, in effect, operated for just under seven years. The Glasgow-based company was a manufacturer and developer of fuel cell-powered electric vehicles. Following the initiation of insolvency proceedings, it has now been sold, according to a report in The Herald, which cited the insolvency administrators. The pre-pack deal was…
The Insolvency Service has reported Suzanne Harley-Davies of Marton Cum Grafton failed to “exercise control of the affairs” of Namare GRP Ltd and TPG GRP Limited during 2023 and 2024. The 68-year-old also failed to ensure that the companies operated for legitimate corporate purposes. She has been disqualified as a company director for four years.…
Suzanne Harley-Davies has been disqualified as a company director for four years after failing to ensure her companies operated for legitimate corporate purposes Harley-Davies was a director of two companies which supported the Atherton scheme, allowing business owners to walk away from debts by selling their companies for £1 outside of formal insolvency processes The disqualification is the latest enforcement action against those involved in…
A judge at the Tel Aviv District Court has granted a request by AnyClip to freeze legal proceedings against the company and signaled support for the appointment of a temporary trustee. The court instructed the Insolvency Commissioner to submit, within three days, a list of candidates for the role, individuals with proven experience in selling…
The Insolvency Co named administrator for BLB Solicitors Accountancy Today Read the original article here
( May 6, 2026, 08:46 GMT | Official Statement) — MLex Summary:The EU’s lower-tier General Court dismissed an appeal by Westfälisches Textilwerk Adolf Ahlers Stiftung & Co over alleged errors in the calculation of a €3.5 million fine imposed for an antitrust breach. Judges ruled that the European Commission had correctly used the consolidated turnover for…
NEW DELHI: Embassy Developments’ shares have resumed normal trading on the BSE and NSE following the National Company Law Appellate Tribunal’s (NCLAT) order setting aside insolvency proceedings against the company. With the appellate tribunal quashing the Corporate Insolvency Resolution Process (CIRP), the company has also exited the Additional Surveillance Measure (ASM) framework imposed earlier. The…