Going against the Mauritian Court of Civil Appeal, the UK’s Privy Council has held that the Mauritius Supreme Court has the power to authorise a person other than the liquidator to bring or continue legal proceedings in the name of the company in liquidation. In a novel case with little precedent in Mauritius, the Privy…
Quadrant Televentures to announce audited results on May 30 scanx.trade Read the original article here
Michelle Elliot – Restructuring advisory partner at FRP Company insolvencies in Scotland rose by 6% year-on-year in April 2026, with 107 cases registered compared with the same month in 2025. The figure was made up of 53 creditors’ voluntary liquidations (CVLs), 49 compulsory liquidations and five administrations. There were no company voluntary arrangements (CVAs) or…
In a recent ruling, the National Company Law Appellate Tribunal (NCLAT), New Delhi, has upheld the exclusion of Videocon Industries’ foreign oil and gas assets from its Corporate Insolvency Resolution Process (CIRP). The appellate tribunal sided with the State Bank of India (SBI) and the Committee of Creditors (CoC), affirming that the lenders’ commercial wisdom…
A UK security company has plunged into liquidation with debts to HMRC of more than £1million. F8 Services Ltd, which traded as Force8 Group, based in Thetford, Norfolk, filed for liquidation this month, owing HMRC almost £1.05million, according to Companies House. The business is now trading under two other companies set up by director Clive…
MT Educare board to meet on May 28 to consider FY26 results scanx.trade Read the original article here
Former Oxfordshire pub tenants enter voluntary liquidation Oxford Mail Read the original article here
The practice, known as phoenixing, is where companies are placed into insolvency but the business and its assets are transferred over to a new, identical company, leaving creditors unpaid. This includes suppliers, customers and HMRC, which lost £836 million to small‑business phoenixing in the 2022-23 tax year, the latest year for which data is available.…
REVEALED: Liquidator appointments for businesses in the Whittlesea council area for May 18 Herald Sun Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…