Bank of Baroda has declared the loan accounts of Reliance Communications Ltd. and its erstwhile director Anil Ambani as “fraud”, according to an exchange filing on Thursday. RCom, in the filing, said the loans referred to by Bank of Baroda pertain to the period prior to the corporate insolvency resolution process of the company. As…
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Kroll, a company specialising in financial and risk advisory services, has acquired Kirby Healy, a corporate insolvency practice in Dublin, Ireland. The deal strengthens Kroll’s restructuring capabilities in the region, effectively doubling the size of its local workforce. The integration of the Kirby Healy team will enable Kroll to offer an expanded suite of services…
TVS Supply Chain Solutions Limited (NSE: TVSSCS, BSE: 543965) has informed stock exchanges about the closure of its UK-based step-down subsidiary through voluntary liquidation. The company notified both BSE Limited and the National Stock Exchange of India that Peter Thomas & Co (Refurbishing) Limited, incorporated in the United Kingdom, was struck off on August 26,…
The Kirby Healy team will integrate with Kroll’s existing operations to deliver fraud and white-collar crime investigations, forensic accounting and litigation support. Credit: Vitalii Vodolazskyi/Shutterstock.com. Kroll, a company specialising in financial and risk advisory services, has acquired Kirby Healy, a corporate insolvency practice in Dublin, Ireland. The deal strengthens Kroll’s restructuring capabilities in the region,…
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Burlingame, CA, Sept. 04, 2025 (GLOBE NEWSWIRE) — Corporate Recovery Service Market to Hit USD 149.2 Million by 2025 Amid Growing Corporate Insolvencies The Global Corporate Recovery Service Market is estimated to be valued at US$ 149.2 Mn in 2025 and is expected to reach US$ 228.8 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.3% from 2025…
Popular outdoor clothing company liquidating, no bankruptcy TheStreet Read the original article here
The Edinburgh based company, founded in 2019 by the late Gary Loake, focused on developing natural plant-based wellness ingredients through biotechnology, a process which involved collecting plant samples, cleaning and cultivating stem cells and scaling production in bioreactors to extract beneficial compounds. However, following an unfortunate series of events, Green Bioactives was unable to raise…
The corporate insolvency resolution process (CIRP) of Hindusthan National Glass & Industries Ltd. (HNGIL) — India’s oldest and once-largest container glass manufacturer — has snowballed into a full-blown regulatory and legal storm. A 39-page legal notice addressed to the Reserve Bank of India (RBI), the Securities and Exchange Board of India (SEBI), the Ministry of…