NCLAT Quashes Insolvency Proceedings Against Embassy Developments – Construction World
NCLAT Quashes Insolvency Proceedings Against Embassy Developments Construction World Read the original article here
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Hamilton Asphalts goes into liquidation, first report shows millions owed to creditors – The Post
Hamilton Asphalts goes into liquidation, first report shows millions owed to creditors The Post Read the original article here
Jack Purcell Meats Collapse: Iconic Brisbane Butcher Shuts After 83 Years as Liquidation Hits Family Food Sector
BRISBANE, May 7, 2026, 07:07 AEST Jack Purcell Meats, established in Northgate back in 1943, is now in liquidation following a winding-up process. At its peak, the business operated 23 butcher shops throughout Brisbane, but has since scaled back to focus solely on its Virginia store and wholesale operations. Australian food businesses are feeling the…
Liquidators appointed to UK airline with planned flights cancelled – The Hereford Times
Liquidators appointed to UK airline with planned flights cancelled The Hereford Times Read the original article here
Business insolvency filings up nearly 34%
Canadian business insolvency filings increased the most in 31 years last quarter, and rising interest rates could push the number even higher, according to the Canadian Association of Insolvency and Restructuring Professionals (CAIRP). Business insolvency filings in Canada rose 33.8% in the first quarter compared with the same quarter last year, according to data from…
NCLAT sets aside insolvency proceedings against Embassy Development citing Section 10A bar under IBC
National Company Law Appellate Tribunal has set aside an order passed by the National Company Law Tribunal that had admitted insolvency proceedings against Embassy Development, holding that the application filed by Canara Bank was barred under provisions of Section 10A of the Insolvency and Bankruptcy Code. The Delhi bench of the NCLT had, in…
Funding gap of Tk5,600cr stalls NBFI liquidation
Depositors stage protest as reimbursement uncertain. TBS Report 06 May, 2026, 10:15 pm Last modified: 07 May, 2026, 01:48 am Representational image of Non-Bank Financial Institution. “> Representational image of Non-Bank Financial Institution. The liquidation of six troubled non-bank financial institutions, a decision taken by the interim government on the central bank’s recommendation, will not…
UK’s largest parking company plunges into administration – 340 car parks | UK | News
The company is on the verge of collapse, with a creditors’ meeting set for Wednesday, May 20. NCP operates over 300 car parks across the UK, some leased and some managed directly. The company employs around 700 people. PricewaterhouseCoopers are handling the administration process, according to the Gazette. NCP was taken over by a Japanese…
REVEALED: Latest business liquidations in Whittlesea – Herald Sun
REVEALED: Latest business liquidations in Whittlesea Herald Sun Read the original article here