Friel Stafford’s Tom Murray tells Sorcha Corcoran that directors of struggling firms are increasingly taking action while they still have options Friel Stafford’s free confidential helpline, which it has been operating since 1994, has been busier than ever this year, alongside the specialist advisory firm’s increasing insolvency-related workload. A director can have a candid, obligation-free…
British used car dealership collapses into liquidation owing over £60k in debt The Sun Read the original article here
The Supreme Court has upheld an order of the National Company Law Appellate Tribunal (NCLAT) setting aside insolvency proceedings initiated against KLSR Infratech Limited by operational creditor A.S. Met Corp Pvt. Ltd., while also endorsing observations that the insolvency framework appeared to have been used as a “pressure tactic” against the infrastructure company. A Bench…
The Chandigarh Bench of the National Company Law Tribunal National Company Law Tribunal on 25 May admitted a Section 7 petition filed by Himalaya Food International Limited and initiated Corporate Insolvency Resolution Process (CIRP) against A.P.J. Laboratories Limited for default of Rs 14.41 crore, holding that the debt and default stood admitted and undisputed. Judicial…
The shop went into voluntary liquidation with all of its stores closing The high street shop went into voluntary liquidation after a difficult period for trading (stock image)(Image: Cambridge News) A high street shop in Cambridge has closed after the brand went into liquidation. Revital confirmed that all of its stores across London and the…
‘Helrom to be liquidated’ RailFreight.com Read the original article here
Suryachakra Power reports Q2FY26 loss amid ongoing liquidation scanx.trade Read the original article here
사진 확대 Paxos has received approval from the U.S. Securities and Exchange Commission (SEC) to register as a clearing house. It is the first and only example of a blockchain-based company. Paxos is a company that supports tokenization, consignment, and transaction of assets. Paxos announced on the 28th (local time) that its subsidiary Paxos Securities…
Default from NPA Classification and Recall Notice: NCLT Admits Aditya Birla Capital’s ₹7.47 Crore Insolvency Petition u/s 7 of IBC [Read Order] Taxscan Read the original article here
MT Educare publishes audited financials for Q4 and FY26 scanx.trade Read the original article here