Correlation between insolvencies and fuel price Soaring global oil prices are emerging as a major insolvency trigger for Australia’s construction industry, amplifying pressures on contractors already battling thin margins, volatile input costs and tightening cash flow A new report from Halo Advisory reveals a 25-year correlation between Brent Crude spikes and surges in Australian corporate…
Introduction The sanctity of timelines in corporate insolvency proceedings has once again been affirmed by the National Company Law Appellate Tribunal in a ruling that highlights the mandatory nature of procedural compliance under the Insolvency and Bankruptcy Code, 2016. In Ram Prasad Agarwala v. Bijay Murmuria (Resolution Professional) and Others, decided on 29th April 2026,…
Embassy Developments Ltd, erstwhile Equinox India Developments and earlier Indiabulls Real Estate Ltd, saw its shares rallying 20 per cent in Wednesday’s trade, as the Corporate Insolvency Resolution Process (CIRP) against the company under the Insolvency and Bankruptcy Code, 2016 (IBC), has been quashed. All consequential directions arising from the NCLT order stand terminated, Embassy…
Over 4,200 Homebuyers Get Relief as Supreme Court Restores Insolvency Plans for Earth Infra’s Projects Moneylife Read the original article here
REVEALED: Latest business liquidations in Whittlesea Herald Sun Read the original article here
Puddledub Pork and Fifeshire Bacon Company Limited, collectively known as Puddledub, appointed joint liquidators on April 15, 2026, following a winding-up petition earlier in the year. Based in west Fife, the Mitchell family business has traded since 1905, operating from Clentrie Farm and drawing on generations of farming heritage in the area stretching back more…
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The Norfolk catering and events company was incorporated in 1986 and is owned by Nick Mills, Chris Busby and Sian De Waal. Brasteds Limited and its property company Brasteds Twenty20 Limited, which it used to borrow £2.8 million to purchase Caistor Hall in Caistor St Edmund for £3.2 million in 2021, are both now set…
The Norfolk catering and events company was incorporated in 1986 and is owned by Nick Mills, Chris Busby and Sian De Waal. Brasteds Limited and its property company Brasteds Twenty20 Limited, which it used to borrow £2.8 million to purchase Caistor Hall in Caistor St Edmund for £3.2 million in 2021, are both now set…
Scores of flights have been cancelled following the appointment of liquidators to an ill-fated Scottish airline. EcoJet Airlines, which had ambitious plans to become the world’s first electric airline, went under last year after a reported unsuccessful attempt to raise £20 million. Provisional liquidators were appointed in February and, as reported by The Herald, Opus…