Major Taranaki funder calls process ‘fit for purpose’ in wake of grantee’s liquidation history thepost.co.nz Read the original article here
Electrolysers maker McPhy fails to find buyer, heads for liquidation Renewables Now Read the original article here
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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…
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