Data reveals link between fuel spikes and SME insolvencies

Correlation between insolvencies and fuel price Soaring global oil prices are emerging as a major insolvency trigger for Australia’s construction industry, amplifying pressures on contractors already battling thin margins, volatile input costs and tightening cash flow A new report from Halo Advisory reveals a 25-year correlation between Brent Crude spikes and surges in Australian corporate…

NCLAT on Regulation 39(1)(b): Bar on Late Resolution Applicants

Introduction The sanctity of timelines in corporate insolvency proceedings has once again been affirmed by the National Company Law Appellate Tribunal in a ruling that highlights the mandatory nature of procedural compliance under the Insolvency and Bankruptcy Code, 2016. In Ram Prasad Agarwala v. Bijay Murmuria (Resolution Professional) and Others, decided on 29th April 2026,…

Embassy Developments shares rallied 20% today; here’s why

Embassy Developments Ltd, erstwhile Equinox India Developments and earlier Indiabulls Real Estate Ltd, saw its shares rallying 20 per cent in Wednesday’s trade, as the Corporate Insolvency Resolution Process (CIRP) against the company under the Insolvency and Bankruptcy Code, 2016 (IBC), has been quashed. All consequential directions arising from the NCLT order stand terminated, Embassy…

Valued Fife business Puddledub goes into liquidation

Puddledub Pork and Fifeshire Bacon Company Limited, collectively known as Puddledub, appointed joint liquidators on April 15, 2026, following a winding-up petition earlier in the year. Based in west Fife, the Mitchell family business has traded since 1905, operating from Clentrie Farm and drawing on generations of farming heritage in the area stretching back more…

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