As corporate insolvencies hit 2025 high, full impact of current economic uncertainty yet to be felt, says R3 Midlands

Rising costs and ongoing economic and political uncertainty are continuing to drive corporate insolvencies upward, while an increasing number of local entrepreneurs are seeking insolvency and restructuring advice and considering the future of their businesses. This is according to the Midlands branch of the UK’s insolvency and restructuring trade body R3 and comes on the…

Pashupati Dairies admitted into CIRP by NCLT Delhi

The National Company Law Tribunal (NCLT), New Delhi Bench (Court-VI), has admitted an insolvency petition against M/s Pashupati Dairies Private Limited, initiating the Corporate Insolvency Resolution Process (CIRP) on May 19, 2025. The petition, filed by Bank of India under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeks to recover a default amount…

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