Canterbury aluminium fittings company goes into liquidation owing $2.5m – The Press
Canterbury aluminium fittings company goes into liquidation owing $2.5m The Press Read the original article here
Monthly construction insolvencies rise 14% – Construction News
Monthly construction insolvencies rise 14% Construction News Read the original article here
Medicine Box Ltd goes into liquidation six years after getting £40m PPE contract
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She paid an insurance company $99,000 to generate retirement income for life. Then it collapsed.
When Annie Benjamin invested $99,000 in an annuity 10 years ago, she trusted the insurance company to provide her with retirement income. She also relied on the company’s regulator to ensure the insurer could meet its obligations. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Benjamin’s trust in…
Pivotal ruling clarifies Mauritius Supreme Court liquidation-related powers
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
Quadrant Televentures to announce audited results on May 30 scanx.trade Read the original article here
Scottish company insolvencies edge 6% higher in April
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…
Foreign Oil Assets Kept Outside Videocon Industries’ CIRP: NCLAT Rules in SBI’s Favour, Relies on CoC’s Commercial Wisdom [Read Order]
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…
UK security company collapses into liquidation – £1m HMRC debts | UK | News
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
MT Educare board to meet on May 28 to consider FY26 results scanx.trade Read the original article here