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BGR Energy Systems Faces Insolvency After Court Admits Petition

The National Company Law Tribunal (NCLT) has admitted a petition to start corporate insolvency proceedings, known as CIRP (Corporate Insolvency Resolution Process), against BGR Energy Systems Limited. The company faces a total alleged default of approximately ₹584.67 crore. Key Developments The NCLT admitted the insolvency petition, formally starting the Corporate Insolvency Resolution Process (CIRP) for…

Liquidators appointed to Scottish plumber over HMRC tax bill

Companies House documents showed Sprint Plumbing Scotland Limited, was the subject of a court winding up order lodged by HMRC at Dumbarton Sheriff Court. The public record also shows Scott Bastick, of Edinburgh-based Middlebrooks Business Recovery & Advice, was appointed of the firm involved in the business of “plumbing, heat and air-conditioning installation”. The firm employed three people…

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