I reported last month that James Dewar and Alistair McAlinden from Interpath were appointed as joint provisional liquidators and two local authorities are making arrangements for affected school travel. Dundee-based Fishers Tours private hire coach company provided short and long-distance travel in Scotland. The company employed 27 people and operated from Mid Craigie Industrial Estate…
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The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2025, bringing significant changes aimed at enhancing transparency and accountability in the corporate insolvency resolution process (CIRP). The amendment mandates stricter disclosure of “avoidance transactions” and bars their post-facto…
In their first liquidator’s report, Mason-Thomas and Meltzer said directors had taken multiple reviews and restructures of the company’s business. “However, since 2020 and Covid, the declining student population and adverse economic climate have contributed to difficult trading conditions. “After careful consideration and taking professional advice, the directors have recommended to the shareholders that the…
Administrators’ warning over Fortress insolvency move The Times Read the original article here
The Wellness Venture Winds Down After Three Years Kate Moss’s foray into the beauty and wellness industry with her brand Cosmoss has quietly concluded, with the company entering voluntary liquidation proceedings. Just under three years after its launch, documents filed on June 24, 202, confirm the wind-up of the skincare and wellness-focused line, which reportedly…
July 4 2025, 12:50 pm | BY Ricki Green | No Comments After more than three decades in business, leading Australian post-production company, Cutting Edge has officially ceased operations entering into Creditors’ Voluntary Liquidation as reported by FilmInk. The news marks the end of an era for the company, which helped shape hundreds of…
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Thursday, 3 July 2025 Books+Publishing @booksandpublishing XL Express has gone into voluntary administration after 35 years in business, according to transport industry publication Big Rigs. The company operated one of Australia’s largest independent logistics networks. XL Express provides road express services, including third-party logistics for some distributors servicing the book industry. Big Rigs reported that…
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member), Justice Mohammad Faiz Alam Khan and Mr. Naresh Salecha (Technical Member) has held that a complete surrender on the part of the corporate debtor to negotiate the terms of the Memorandum of Understanding, by which the property from…