‘Devastated’ mum of 11 owed $400k in $30m builder collapse – The Australian
‘Devastated’ mum of 11 owed $400k in $30m builder collapse The Australian Read the original article here
Australia Tightens Insolvency System Oversight
The Albanese Government has strengthened oversight of Australia’s insolvency system by approving a pool of 10 highly qualified experts that the Australian Financial Security Authority can appoint as part‑time members of Bankruptcy Trustee Registration and Disciplinary Committees. The candidates will bolster the system that scrutinises bankruptcy trustees, with committees convened as needed to assess registration,…
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IICA Inaugurates Eighth Batch of its Flagship Post Graduate Insolvency Programme (PGIP 2026–28) – PIB
IICA Inaugurates Eighth Batch of its Flagship Post Graduate Insolvency Programme (PGIP 2026–28) PIB Read the original article here
Highly regarded York entertainment venture enters voluntary liquidation
A highly-regarded escape room business in York has gone into liquidation after being unable to meet its financial obligations. Locked In Games York Limited, based at Club Chambers, Museum Street, in York, will be wound up voluntarily following a general meeting held at its registered office in Leeds on July 10. According to company records…
Second Studio Liquidated in Nacon Collapse: Midgar’s 18-Year Run Ends Without a Buyer
A French court ordered the liquidation of Midgar Studio on July 20, 2026, ending the Montpellier-area developer’s 18-year run and almost certainly ending Edge of Memories, the action RPG the studio had been building toward a late-2026 release. No buyer was found before the court’s deadline. It is the second permanent studio closure to fall…
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IICA Inaugurates Eighth Batch of its Flagship Post Graduate Insolvency Programme (PGIP 2026–28) – PIB
IICA Inaugurates Eighth Batch of its Flagship Post Graduate Insolvency Programme (PGIP 2026–28) PIB Read the original article here
My Community winding up due to liabilities
SINGAPORE – Heritage company My Community Limited has entered provisional liquidation after its executive director declared it cannot continue its business due to liabilities, based on notices published in the Government Gazette on July 16. The notices showed that the company’s executive director and founder Kwek Li Yong had on July 3 applied to have…
Forensic Audit Report Cannot Defeat Corporate Debtor Ownership Rights Over Fixed Deposits During CIRP: NCLT [Read Order]
The NCLT Ahmedabad Bench has held that allegations contained in a forensic audit report cannot extinguish a corporate debtor ownership rights over fixed deposits maintained in its name during the CIRP. The Bench stated that a forensic audit report, by itself, cannot divest a corporate debtor of ownership over monies standing in its bank accounts…