[SINGAPORE] Close to 100 creditors are owed slightly over S$1 million by shuttered confectionery chain Twelve Cupcakes, according to one of its appointed liquidators on Tuesday (Nov 25). The amount excludes the unpaid salaries owed to 80 former employees. The company has entered full liquidation as of Nov 24, the liquidator AAG Corporate Advisory confirmed…
Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell by 1.7% in August 2025 to a total of 2,048 compared to July 2025’s total of 2,083, and increased by 5.9% compared to August 2024’s figure of 1,933. The insolvencies consisted of 281 compulsory liquidations, 1,578…
Bapcor appoints specialist amid debt breach fears The Australian Read the original article here
The new bench of the National Company Law Tribunal (NCLT) has admitted Katra Realtors under the corporate insolvency resolution process (CIRP) following an application filed by IL&FS Financial Services Ltd. Delhi-based Katra Realtors was a corporate guarantor to listed real estate developer Ansal Properties and Infrastructure (Ansal API), which is also currently undergoing an insolvency…
The technical outcomes of insolvency, settling debts, distributing funds, etc, are only part of the story. For Adrian, the most rewarding moments come when he sees the personal impact of his work. He recalls a business owner who had been under immense pressure as his company went into liquidation. Several months later, Adrian happened to…
The Supreme Court has conditionally ordered the quashing of all criminal proceedings against the fugitive Sandesara brothers in the multi-crore Sterling Biotech bank fraud case. The relief is strictly contingent upon the brothers depositing ₹5,100 crore as a ‘full and final payment’ to the lender banks by December 17, 2025. A Bench led by JK…
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This masthead previously revealed D’Souza had assumed control of the committee after a dispute led to the previous president, vice-president and secretary resigning in August. After the new committee removed the entire staff team, parents refused to send their kids to the kindy because they were concerned with the unfamiliarity of temporary staff. In Sunday’s…
Long-established family tool hire, sale and repair business goes into liquidation Insider Media Ltd Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…