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NCLAT Tells NCLT To Expedite Decision On EoI Stay In Jaiprakash Insolvency Case BW Businessworld Read the original article here
Liberty Steel is making a last-ditch attempt to save its plants in and around Rotherham and Sheffield from collapse. On Wednesday, a court could force Liberty’s speciality steel business to close over unpaid debts, putting 1,450 jobs at risk, unless the company wins an adjournment. Liberty Steel told the BBC that discussions continue with creditors…
New Delhi, May 25 (PTI) The insolvency appellate tribunal has directed the NCLT to promptly decide on the stay of the process of inviting Expression of Interest (EOI) regarding two Jaiprakash Associates group’s investments in Jaiprakash Power Venture and Jaypee Fertilisers & Industry. In an order on April 29, 2025, the Allahabad bench of the National…
Store closures, social distancing policies and reduced discretionary spending have placed significant pressure on retailers and shopping centres during the COVID-19 crisis. Fortunately, Australia has had one of the strongest fiscal responses globally, which has alleviated the potential severity of the crisis to date. The Australian government recently extended its key business and wage support…
Company linked to Kiwi ‘Queen of Property’ enters liquidation Stuff Read the original article here
Builder.ai founder plots potential deal to buy failed company Financial Times Read the original article here
Sam Bankman-Fried Insists ‘FTX Never Went Bankrupt,’ Market Just Panicked CCN.com Read the original article here
Three England Rugby Legends Declared Bankrupt in the Last Year – Page 3 of 3 Ruck.co.uk Read the original article here
Hospitality and construction firms continue to lead insolvency statistics, but more are keeping their doors open through restructuring schemes. Annual insolvencies have been rising across all sectors since 2022, the ASIC data showed. ASIC insolvency data as of 30 March 2025 indicate that 3,306 companies became insolvent for the first time in the first three…