The local public administration (LPA) reform will continue along the line of voluntary amalgamation, while any potential conceptual changes, including a shift to a municipalization model, could be examined in the next electoral cycle. The message was delivered today by Speaker Igor Grosu and designated candidate for the position of Prime Minister Vasile Tofan, following…
The National Company Law Tribunal (NCLT), Mumbai Bench, has rejected the resolution plan submitted by Authum Investment and Infrastructure Ltd for the acquisition of Vas Infrastructure Ltd (VIL), which was undergoing the Corporate Insolvency Resolution Process (CIRP). In a regulatory filing on Saturday, Authum Investment said the NCLT, through its order dated July 7, 2026,…
Pub Banc Group and Hotel Banc Group, which manage Hobart’s Republic Bar, have entered voluntary administration. Jebediah at the Republic Bar(Credit: Matt Green) One of Hobart’s most revered live music institutions, the Republic Bar, is among seven venues set to close their doors as the hospitality group that owns them has entered voluntary administration. ABC…
Mission Digital Ltd, based in London, is known for providing digital imaging technology (DIT) and digital dailies services for feature films and high-end drama productions. Services include video playback and virtual production for both large and small-scale projects. The company has built its reputation over more than 15 years and has supported several of the…
The liquidator of three recently closed Downlow Burger outlets says he is on standby to wind up three more and claims the franchisor is approaching migrants with scant business knowledge to become franchisees. Pritesh Patel of Patel and Co was appointed to liquidate Downlow Ponsonby in October last year, at the request of its shareholders.…
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‘Gut-wrenching’: UK gap year students lose thousands after tour operator closes BBC Read the original article here
Mumbai, India (Metro Rail Today): Mumbai Metro One Pvt. Ltd. (MMOPL), the operator of the Versova–Andheri–Ghatkopar Metro Line 1, has secured a comprehensive ₹2,771.32 crore debt restructuring agreement with the National Asset Reconstruction Company Ltd. (NARCL), paving the way for the withdrawal of insolvency proceedings and significantly strengthening the company’s financial position. According to sources,…
AuthorKavya Nair|Published at:11th July 2026, 3:44 pm Bil Vyapar Ltd held its 14th Committee of Creditors meeting, ratifying CIRP expenses of ₹6.8 lakh and extending the resolution plan submission deadline to June 18. The company remains under insolvency proceedings. Reader Takeaway: CIRP expenses ratified; resolution plan deadline extended amid ongoing insolvency. ## What just happened…
Islam Times – Germany recorded its highest number of corporate bankruptcies in more than two decades during the second quarter of 2026, with nearly 5,000 companies filing for insolvency as economic pressures continued to mount across multiple sectors. According to the Halle Institute for Economic Research (IWH), 4,996 companies filed for insolvency between April and…