York recruitment firm liquidates with nearly £30,000 debts

The Recruitment Group 2.0 was registered in Bilton-in-Ainsty and was incorporated in 2021. It entered voluntary liquidation on September 17 and FRP Advisory Ltd of Sheffield was appointed voluntary liquidator. Companies House records the sole director as Ruben Wilberg. RECOMMENDED READING: A liquidator’s report known as a statement of affairs has outlined the finances behind…

Can Insolvency Proceedings Continue Even If the Creditor Who Started Them Acted Fraudulently? Supreme Court Answers

The Supreme Court held that tribunals can recall insolvency proceedings begun through fraud and collusion, but need not always end them, and sent the Greenopolis case back to NCLT. – Orris Infrastructure Private Limited v. Rakesh Kumar Gupta & Ors. The Supreme Court has ruled that the insolvency tribunal can recall a corporate insolvency process…