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…
Fast Form Systems Ltd, which is based at Daresbury Park, has appointed administrators. The notice, published on The Gazette, was made at the end of June due to corporate insolvency. The firm provides formwork rentals, sales, accessories and more. Fast Form System Ltd’s office is based in Daresbury, while its principal trading address is registered…
The collapse of what was to be the first major gas power station in Queensland for more than 15 years has exposed a wider threat across the energy sector nationally, as soft wholesale prices ruin the economics of generation plants needed for the transition. Plans for a $196 million gas-fired generator in Moranbah in central…
Scalare Partners Completes Acquisition Of Fishburners Out Of Voluntary Administration SMBtech Read the original article here
GFG Workers Entitlements Whyalla: Your Recovery Rights Explained Discovery Alert Read the original article here