Liquidators appointed to Scottish school bus company

Fishers Tours was a Dundee-based private hire coach company that provided short and long-distance travel in Scotland. The company employed 27 people and operated from Mid Craigie Industrial Estate with a fleet of 18 coaches. The liquidator said: “In recent months, the business has faced financial challenges amidst rising costs but operated with fixed price…

Big setback for Anil Ambani? Insolvency plea against Reliance Infrastructure admitted by NCLT – Companies

Updated Jun 2, 2025 23:21 IST Reliance Infrastructure insolvency plea: The Mumbai bench of National Company Law Tribunal (NCLT) has admitted an insolvency plea against Anil Ambani-promoted Reliance Infrastructure Ltd. IDBI Trusteeship Services Ltd, on behalf of the operational creditors, had submitted an application under the corporate insolvency resolution process (CIRP) against Reliance Infrastructure. The…

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To use this website, cookies must be enabled in your browser. 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 making requests to websites without cookies that had previously been set. This appears to be a…

IBBI Notifies Amendments To Simplify Corporate Insolvency Procedures

The Insolvency Resolution Process for Corporate Persons Fourth Amendment regulations, 2025, were notified by the Insolvency and Bankruptcy Board of India on May 26, according to a recent release. These amendments to the corporate insolvency regulations are designed to streamline procedures, safeguard the interests of creditors, and foster increased investor involvement in resolution processes. A…