North West insolvency activity outpaces rest of UK as high costs ‘pushing many firms to the brink’ business-live.co.uk Read the original article here
In the financial year 2024-25 (FY25), creditors recovered over ₹67,000 crore from companies undergoing bankruptcy proceedings. This marked the highest-ever annual recovery under India’s Insolvency and Bankruptcy Code (IBC). As per the data from the National Company Law Tribunal (NCLT), the amount represents a 42% jump from the ₹47,206 crore resolved in the previous financial…
KARACHI: The Board of Directors of SME Leasing Limited (PSX: SLL) has formally approved a comprehensive Winding Down Plan for the company, aimed at facilitating an orderly exit from operations, according to a stock exchange filing on Wednesday. The plan, which includes multiple structural changes, was also endorsed by the Board of SME Bank Limited,…
Hydrogen electrolyser maker McPhy heading for liquidation after failing to find a buyer Hydrogen Insight Read the original article here
Financial experts leading the liquidation of the Pencil Club hope to generate close to R80 million through the sale of its assets. The premier social networking club in uMhlanga entered liquidation proceedings after falling into financial difficulty. Businesspeople, law firms and auditing companies were just some of the elite members in the club. The company…
C+D has been informing, supporting and championing community pharmacy since 1859 and is proud to be at the forefront of providing the latest news to everyone working in the sector. Copyright © 2025 Citeline, a Norstella Company. Chemist+Druggist is a trading division of Citeline, a Norstella company and operates as part of C&D Intelligence U.K.…
Zorzi fight over unpaid sale debt The West Australian Read the original article here
Access Denied You don’t have permission to access “http://www.business-standard.com/economy/news/creditors-recover-rs-67000-crore-ibc-resolutions-fy25-insolvency-bankruptcy-125051500817_1.html” on this server. Reference #18.8f58d617.1747302182.29b349aa https://errors.edgesuite.net/18.8f58d617.1747302182.29b349aa Read the original article here
Is the right to inspect an insolvent company’s books and records limited to proven creditors only? Polity.org.za Read the original article here
French electrolyser firm McPhy faces partial asset sale and liquidation H2 View Read the original article here