Category Archives: Liquidation

IBBI Caps Individual Insolvency Professionals at 10 Active Cases, Bars New Assignments for those Over Limit [Read Notification]

The Insolvency and Bankruptcy Board of India (IBBI) through a notification issued on 20 th November introduced new regulations aimed at enhancing the efficiency and quality of the insolvency resolution process. The most notable change, outlined in the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2025, is a strict cap on…

Has the 'Temu effect' claimed another victim? – RNZ

Has the ‘Temu effect’ claimed another victim?  RNZ Read the original article here

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Christchurch sheetmetal firm closes after racking up $1.13m debt

A track record of operating in Christchurch for nearly 90 years has ended for Idiens Sheetmetal & Roofing after it was forced to shut its doors owing creditors $1.13 million. The cladding, roofing and flashing business was put into liquidation in the High Court of Christchurch after an application by Inland Revenue (IRD) on October 16. The total…

650 jobs at risk as huge UK metals recycling firm files for liquidation

The move follows unsuccessful efforts to find a buyer for the struggling business (REUTERS/Arnd Wiegmann) Around 650 jobs are at risk after Unimetals Recycling, one of the UK’s largest metals recycling firms, filed for compulsory liquidation. The move follows unsuccessful efforts to find a buyer for the struggling business. Headquartered in Stratford-upon-Avon and operating across…

First Financial Northwest, Inc. Announces Final Cash Liquidation Distribution – The Manila Times

First Financial Northwest, Inc. Announces Final Cash Liquidation Distribution  The Manila Times Read the original article here