Inventis Limited Places Furniture Division into Voluntary Administration Amid Strategic Shifts – TipRanks
Inventis Limited Places Furniture Division into Voluntary Administration Amid Strategic Shifts TipRanks Read the original article here
Solid as steel: the insolvency implications of rigorous reforms to Victoria's building laws – Lexology
Solid as steel: the insolvency implications of rigorous reforms to Victoria’s building laws Lexology Read the original article here
European corporate distress index rises to nine-month high, Weil index shows – Global Banking | Finance | Review
European corporate distress index rises to nine-month high, Weil index shows Global Banking | Finance | Review Read the original article here
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JSW Steel seeks ‘open hearing’ in BPSL liquidation review plea
New Delhi: JSW Steel has transformed Bhushan Power & Steel Ltd (BPSL) into a viable and going concern after acquiring it out of bankruptcy in 2021, and its liquidation would have adverse ramifications on all stakeholders, the Sajjan Jindal-led steelmaker and BPSL’s lenders told the Supreme Court. They also sought an ‘open court’ hearing of…
JSW Steel files review petition against Supreme Court verdict directing liquidation of Bhushan Power
The Court erred in holding its resolution plan as non-compliant with Sections 30(2) and 31(2) of the Insolvency and Bankruptcy Code, leading to an erroneous rejection of the plan, it has been stated. The company has also alleged that there was a violation of principles of natural justice. According to the petition, JSW was not…
Germany sees highest corporate bankruptcy rate in a decade: report
Corporate bankruptcies in Germany were at their highest level in a decade in the first half of 2025, as firms in Europe’s largest economy struggle with weak demand, rising costs and uncertainty, a study by economic tracking agency Creditreform has showed. Some 11,900 corporate insolvencies were registered in the first six months of this year,…
SurfStitch placed into administration amid court action by Nike Australia over alleged debts
Australian online retailer SurfStitch has been placed into administration and is facing legal action from sportswear behemoth Nike amid claims it is owed almost $240,000. A notice lodged with the corporate regulator revealed SurfStitch, which was only recently sold by Alquemie Group, had been placed into voluntary administration earlier this month. Edwin Narayan and Domenic…
Company insolvencies, May 2025 – GOV.UK
We use some essential cookies to make this website work. We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. We also use cookies set by other sites to help us deliver content from their services. Read the original article here
JSW Steel seeks review of Supreme Court verdict ordering liquidation of BPSL
JSW approaches Supreme Court seeking a review of its May 2 judgment. File JSW Steel has approached the Supreme Court seeking a review of its May 2 judgment, which rejected the resolution plan submitted by the company for Bhushan Power and Steel Ltd. (BPSL) and directed the initiation of liquidation proceedings. Also Read | NCLT…