The local distributor for the Chinese electric vehicle brand, Xpeng, has gone into administration leaving the future of the brand in Australia in uncertain territory. According to documents filed to the Australian Securities and Investments Commission (ASIC), external administrators – Daniel Juratowitch and Barry Wight of Cor Cordis – were appointed to Xpeng’s Australian distributor,…
Business owner slams ‘misinformation’ as woodburner company collapses This Is Oxfordshire Read the original article here
Ruchika Chaturvedi acquired 2,500 shares in Viksit Engineering Limited for ₹25,000 on March 27, 2026. This transaction is part of a Resolution Plan approved by the National Company Law Tribunal (NCLT), which exempts the deal from SEBI’s open offer regulations. Following this acquisition, Ms. Chaturvedi holds a 1% stake, and Mr. Kushal Chaturvedi holds 94%,…
Compuage Infocom’s Creditors Approve Key Resolutions Amid Ongoing Insolvency Process scanx.trade Read the original article here
A fresh blow has been dealt to the property sector as one developer has entered liquidation. It comes as several other construction companies entered liquidation in the first three months of 2026. A notice was published today in the London Gazette, the UK’s official publication for statutory, legal, and official notices. The notice revealed that…
Between the significant changes in how travelers book trips and consumers who are watching discretionary spending more carefully, it is proving to be a particularly tough time to run a travel agency. Travel companies that collapsed in bankruptcy over the last year include British firms Great Little Escapes and Jetline, Swedish travel company MixxTravel and French…
The market for coffee in various forms shows no sign of slowing down. A number of cafes serving it have, however, run into financial problems over the last year. After filing for Chapter 11 bankruptcy at the start of 2026, Washington, D.C.-based roaster and coffeehouse chain Compass Coffee closed 10 of its locations, as 17…
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Court enters into the merits of corporate insolvency MaltaToday Read the original article here
The bankruptcy court in Mumbai has admitted the listed pharma firm, Supha Pharmachem (formerly Remedium Lifecare), to the Corporate Insolvency Resolution Process (CIRP) and has appointed Rajesh Jhunjhunwala as the interim resolution professional (IRP) of the company. Mumbai-based Supha Pharmachem’s operational creditor, Boston Ivy Healthcare Solution, had approached the National Company Law Tribunal (NCLT) after…