It is understood that 16 of the company’s staff will lose their jobs as a result. Since its launch in 2012, Proof & Company Spirits has been instrumental in the development of the Singapore and Asia Pacific hospitality sector through its distribution of independent spirits in the region. In an online statement, a spokesperson for…
The first quarter of 2025-2026 (April to June) saw corporate insolvencies in Scotland rise by 17.3% year-on-year, totalling 332. The new figures come from Accountant in Bankruptcy, Scotland’s insolvency service, which showed that there was a quarter-on-quarter increase of 12.9% corporate insolvencies, with the last quarter of 2024 having 294 total insolvencies. Personal insolvency numbers…
Insolvency pressure mounts on Scottish firms insider.co.uk Read the original article here
The course is designed to provide participants with both foundational knowledge and practical insights into India’s insolvency framework, with focused modules on valuation, liquidation, cross-border insolvency, distressed asset markets, and more. About the RGNUL, Punjab The Rajiv Gandhi National University of Law (RGNUL), Punjab, was established by the State Legislature of Punjab. The Act incorporated…
Business Liquidation Service Market HTF MI just released the Global Business Liquidation Service Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study’s segmentation…
An unexpected month-on-month dip in the number of corporate insolvencies in England and Wales is bringing respite to East Midlands businesses and signals hope that the summer months will bring a significant boost to trade. This is according to the Midlands branch of the UK’s insolvency and restructuring trade body R3, and comes on the…
In the face of economic challenges, including those caused by the war, Ukrainian companies are seeking tools to maintain stability and avoid losing assets. One such tool is the preventive restructuring procedure. This legal mechanism allows businesses facing financial difficulties to avoid bankruptcy proceedings. UNN spoke with lawyers to find out the practical advantages and…
$560k owed to IRD after mayoral aide’s company liquidation … Read the original article here
Members of Singapore’s drinks industry have taken to social media to lament the closure of Proof & Company Spirits, dubbed “one of the darlings of the craft spirits scene”. Nimmi Malhotra reports. 28 Hong Kong Street, Proof & Company’s Singapore cocktail bar, will continue to operate as normal Spirits distributor Proof & Company Spirits has…
Case Title: Bhadra International India Pvt. Ltd. & Ors. v. Punjab national Bank & Ors. Citation: 2025 LiveLaw (Del) 823 The Delhi High Court has dismissed a petition while upholding that if a borrower has already approached the Debt Recovery Tribunal (DRT) under the SARFAESI Act, for a one-time settlement, a writ seeking the same…