More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025

Liquidation

More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) were admitted under the Insolvency and Bankruptcy Code (IBC) until December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday. More than 4,000 corporate debtors have been rescued through resolution, settlements, withdrawals or appeal-related closures,…

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Liquidation

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

FREIT BOARD OF DIRECTORS APPROVES PLAN OF VOLUNTARY LIQUIDATION TO MAXIMIZE VALUE FOR STOCKHOLDERS

Liquidation

FREIT BOARD OF DIRECTORS APPROVES PLAN OF VOLUNTARY LIQUIDATION TO MAXIMIZE VALUE FOR STOCKHOLDERS Current Estimate of Distributions to Stockholders is Approximately $24.44 to $30.03 Per Share;  Representing Significant Premium to Latest Closing Stock Price HACKENSACK, N.J., May 14, 2026 /PRNewswire/ — First Real Estate Investment Trust of New Jersey, Inc. (“FREIT” or the “Trust”)…

Gum Tree Pies survives liquidation

Liquidation

Gum Tree Pies has entered a deed of company arrangement with its creditors, retaining business assets and local staff in Bright, Yackandandah and Wodonga as they survive liquidation. Appointed administrators met with creditors of the business last week to decide on the future of the bakery, which entered voluntary administration on 8 April, reporting around…

Linden Beef collapses under N$28m debt …as it fails to oppose Bank Windhoek’s liquidation application – Windhoek Observer

Liquidation

 Justicia Shipena  The High Court has placed Linden Beef Close Corporation under final liquidation after the company failed to appear in court during a winding-up hearing held in Windhoek yesterday.  High Court judge Beatrix de Jager issued the order.  “The respondent is placed under a final order of winding-up,” De Jager ruled.  Linden Beef had…

All jobs lost as Argeo Subsea collapses into liquidation

Liquidation

Argeo Subsea, which is a regional subsidiary of Norwegian company Argeo ASA, provided services like digital imaging to the oil and gas, marine minerals and renewable energy sectors. Argeo ASA had bases in Scotland, Singapore, the US and Norway and owned various vessels, including two ships, three autonomous submarines and one uncrewed surface vehicle. It…

Liquidators appointed to Scottish housing developer

Liquidation

FRP Advisory was appointed as liquidator to Woodside Homes Limited after resolutions were passed at a general meeting of its shareholders, according to Companies House. Documents show it was agreed “that the company be wound up voluntarily” and that FRP Advisory appointed joint liquidators to the business. The winding up is described as a “members’…

F8 Services Ltd put into liquidation owing HMRC £1 million

Liquidation

F8 Services Ltd, which traded as Force8 Group in Thetford, was placed into liquidation by its director owing the tax office almost £1.05 million, its statement of affairs on Companies House shows. The business, based in Burrell Way, provides security and facility management services across Norfolk, Suffolk and Cambridgeshire, employing more than 100 staff. Force8…