A levelling out of the monthly number of corporate insolvencies in England and Wales is adding weight to signs that the broader economy is showing tentative indications of recovery. This is according to the Midlands branch of the UK’s restructuring, turnaround and insolvency trade body R3 and comes on the back of figures published yesterday…
In a significant move that highlights the ongoing challenges in India’s infrastructure sector, the National Company Law Tribunal (NCLT) in Mumbai has admitted an insolvency plea against SU Toll Road Private Limited, a company linked to Reliance Infrastructure. The order, pronounced on August 18, 2025, marks the start of a Corporate Insolvency Resolution Process (CIRP)…
Wellington’s hospo has never had it so bad, closed bar owner says ThePost.co.nz Read the original article here
The second day of the hearing in the Diamond Bankruptcy case went the distance, with many many motions and counter-motions deliberated on. The case adjourned with at 4, however, with Judge David E. Rice expected to deliver a decision on Diamond’s plan to liquidate their consignment stock at 2 pm tomorrow. There have been many…
Habib Rice Products Ltd. has announced plans to initiate the liquidation process of its 100% subsidiary, Habib Rice Products (FZE), with immediate effect. The company shared this development through a notice to the Pakistan Stock Exchange (PSX) on Wednesday in compliance with Regulation 5.6.1 of the PSX Rule Book and Sections 96 and 131 of…
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New Delhi: Nine years after the introduction of the Insolvency and Bankruptcy Code (IBC), 2016, the government has unveiled a new bill proposing major reforms that seek to fix delays, streamline implementation and bring India’s insolvency system in line with global standards. The Insolvency and Bankruptcy Code (Amendment) Bill, 2025—introduced in the Lok Sabha on…
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Genetic Technologies ( (AU:GTG) ) just unveiled an update. Genetic Technologies Limited has entered voluntary administration after failing to secure necessary capital and strategic partnerships, despite efforts…
NZ-based premium appliance retailer and Narta member Kitchen Things and its distribution company Applico that exclusively supplies Smeg and ASKO products have gone into voluntary administration. The business, created by Mark Jones in 1986 has most recently been managed by Mark’s daughter Rachael Louie. Rachel Louie and Mark Jones At one stage there were 16…