The Corporate Insolvency and Governance Act has received Royal Assent and came into force on 26 June 2020. This was published under the 2019 to 2022 Johnson Conservative government The Act is the largest change to the UK’s corporate insolvency regime in more than 20 years. It introduces new corporate restructuring tools and temporary easements…
Court orders director to personally pay penalties after company underpaid 16 workers hcamag.com Read the original article here
ICAI nominates senior Bengaluru Chartered Accountant and Insolvency Professional Vinay Mruthyunjaya to its key Insolvency, Bankruptcy and Valuation Board Committee for the 2026-27 term. The Institute of Chartered Accountants of India (ICAI) has announced the nomination of Bengaluru-based Chartered Accountant and Insolvency Professional Vinay Mruthyunjaya as a Member of its Insolvency, Bankruptcy and Valuation Board…
Mark Roberts Motion Control is being closed down after entering into liquidation on 22 May. The liquidation announcement came less than two months after MRMC was sold by Nikon to a new company set up by Blandford Capital, a private investment office. MRMC had a strong brand and technical pedigree, and was actively promoting new…
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‘Unrivalled’ UK clothing company collapses into liquidation after 41 years South Wales Argus Read the original article here
The future of a UK seaside town’s pier has been thrown into serious doubt after its operating company was forced into compulsory liquidation following a court order. Eastbourne Pier, which opened in 1870, is a famous Grade II listed Victorian landmark that helps attract thousands of tourists to the resort every year. As well as…
Ballarat barbecue store survives collapse, but its future is uncertain The Courier | Ballarat, VIC Read the original article here
‘Unrivalled’ British knitwear brand to shut down for good as it collapses into liquidation after 41 years The Sun Read the original article here
Edelweiss Asset Reconstruction Company has appointed former SBICAP chief Arun Mehta as MD and CEO to accelerate its pivot toward retail and MSME stressed assets. This leadership change follows a fiscal year where retail exposure surged to 29%, marking a transition from traditional large-scale corporate insolvency toward high-volume, granular recovery models. The Operational Pivot The…