Prime Focus Ltd CIRP Closed by NCLAT, ₹353.8 Crore Funds to be Disbursed – Whalesbook
Prime Focus Ltd CIRP Closed by NCLAT, ₹353.8 Crore Funds to be Disbursed Whalesbook Read the original article here
Insolvency Service returning millions to creditors and economy
The Insolvency Service has returned £42.7 million to creditors and the wider economy in 2025-26 while increasing enforcement action against rogue directors and supporting thousands of people facing financial hardship, according to its Annual Report and Accounts. The report shows the agency handled 11,668 insolvency cases, processed 70,633 redundancy payments, and approved 48,344 Debt Relief…
No Cookies | Herald Sun
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Liquidator appointed to Sottish city restaurant company after HMRC court action
A liquidator has been appointed to a Scottish restaurant and bar company. The move follows a court action by HMRC against the Glasgow-registered firm. The compulsory liquidation relates to McMillan Leisure (Scotland) Limited, registered at a Hutcheson Street address. The company directors previously ran the former Pavement restaurant and bar at the address before they announced they…
Gold Coast Insolvency Firm Reviews FY2026 Activity, Calls for Early FY2027 Action – News Hub
Key Facts: GT Advisory & Consulting has reviewed FY2026 activity, noting that certain sectors have been hit harder than others when it relates to insolvency. Construction, hospitality, and retail were the most severely affected sectors, driven by fixed-price contract pressures, rising input costs, margin compression, and subdued consumer discretionary spending across South East Queensland. The…
Sydney firm faces liquidation over missing $17 million, fake bonds
Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA The corporate regulator has launched legal action to wind up financial planner Capital Guard, citing serious concerns about the firm’s handling of $17.4 million worth of investor funds. The Australian Securities and Investments Commission (ASIC)…
Liquidator appointed to restaurant company after HMRC action
The compulsory liquidation relates to McMillan Leisure (Scotland) Limited, registered at a Hutcheson Street address. The company directors previously ran the former Pavement restaurant and bar at the address before they announced they were stepping down two years ago. A new unconnected operator now occupies the site. Liquidator appointed to Scottish restaurant company (Image: Getty…
Heartland Wines enters administration with $3.6m debt
According to reporting by The Advertiser, Adelaide-based company Heartland Wines has “collapsed” and owes $3.6 million. The Advertiser claims that a report to creditors revealed that “Westpac provided Heartland with an overdraft and credit card facility that had blown out to $1.2m by mid June”. Heartland reportedly does not produce wine itself and instead outsources…
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Georgia Furniture Mart closes after 40 years, liquidation sales begin Thursday
Georgia Furniture Mart is closing permanently after 40 years of serving the Atlanta metropolitan area, with liquidation sales beginning Thursday at its Norcross and Kennesaw locations. The closure marks the end of a furniture retail era that began in 1986 under the name Underpriced Furniture before rebranding as Georgia Furniture Mart in 2020. Owners Michael…