In recent years, electric two-wheelers have seen a rise in popularity across India, driven by rising fuel prices, environmental concerns, and government subsidies. Hero Electric, one of the first movers in this space, carved a niche for itself by offering affordable and accessible electric bikes to Indian consumers. Recently, the company has entered insolvency proceedings,…
Ansal Properties to Release Standalone Audited Results Amid Ongoing Insolvency Process scanx.trade Read the original article here
Exploris in liquidation; sole expedition ship to be sold Seatrade Cruise News Read the original article here
Industrialist Sanjeev Gupta’s crumbling metals empire has been hit with another blow, with administrators William Buck appointed at Liberty Primary Metals Australia. LPMA is the holding company for shares in the Tahmoor coal mine in NSW. It does not operate any businesses of its own but was once the main Australian company that controlled the…
The Allahabad High Court has recently held that in an insolvency resolution process of a real estate company, the primary concern is the interest of the homebuyers in the real estate project, as they are the vital stakeholders. The Petitioner had approached the High Court seeking issuance of a direction to the respondent to recalculate…
Creditors vie for $200k of shoes as Canterbury retailer sinks The Press Read the original article here
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A long-running Christchurch footwear retailer has gone into liquidation after more than two decades of trading. Street Legal Shoes Limited, which has been operating since 2004, was placed into voluntary liquidation on 21 October 2025 by a special resolution of its shareholders. The company had four retail stores across the South Island and an online…
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There are currently eight Stirling Sport stores up for sale. The Stirling Sports Northlands store is up for sale on Trade Me. Hamleigh Holdings’ total estimated shortfall to creditors amounts to $760,000. According to Hunt, there are several security interests registered against the business, including Westpac NZ, Nike New Zealand, Adidas NZ, Brand Collective, Liquid…