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Trucking crisis: Driver shortages, fuel hikes see companies crumble Cairns Post Read the original article here
On 27 June 2025, the Australian Securities and Investments Commission (ASIC) released its review of the small business restructuring (SBR) process from 2022 to 2024. The review covered 3,388 SBRs undertaken between 1 July 2022 and 31 December 2024. A refresher on the small business restructuring process The SBR process was introduced in haste in…
Empire Insurance officially ceases operations after liquidation BusinessWorld Online Read the original article here
Corporate insolvency: NCLAT dismisses plea against Nuvoco’s Vadraj acquisition; tribunal backs NCLT approval of Rs 1,800 cr resolution plan MSN Read the original article here
Insolvencies edge up in cautious July Sunderland Echo Read the original article here
The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal challenging the acquisition of Vadraj Cement by Nirma group company Nuvoco Vistas Corporation, upholding the resolution plan approved earlier by the National Company Law Tribunal (NCLT).The Delhi-based principal bench of NCLAT affirmed the April 1, 2025 order of the Mumbai NCLT, which had cleared…
The Western Cape High Court has placed the controversial trading platform and former Bafana Bafana sponsor Banxso in provisional liquidation. Carol Wentzel, a pensioner, brought the winding-up application after responding to an online advertisement featuring Elon Musk and losing a substantial portion of her life savings on the platform. Wentzel was one of several people…
Voluntary Liquidation: Why Companies Like The Projector, Reebonz, and Hooq Chose To Wind Up DollarsAndSense.sg Read the original article here
“You saw signs with the Reserve Bank statement earlier this week around cutting interest rates again … It does help to sort of ease some of the cost-of-living pressures for households,” Kiernan said. “But housing is still unaffordable, house prices are still relatively high, and rental yields don’t look great from an investor point of…