Global Solar Module Financial Rankings Reveal Strong Performers And Rising Insolvency Risks—Report SolarQuarter Read the original article here
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The National Company Law Tribunal (NCLT) has approved the Rs 30.33-crore resolution plan submitted by Maa Annapurna Agritech Pvt Ltd, in consortium with Manorama Devi Jhavar, for debt-ridden Indian Soya Industries Pvt Ltd, bringing to a close a corporate insolvency resolution process (CIRP) that began in July 2020. The Indore Bench of the NCLT approved…
A car garage specialising in performance and luxury cars has plunged into liquidation in another devastating blow to the UK car industry. Berkshire based Knowl Hill Sales and Service Limited, trading under the name Knowl Hill Performance & Luxury, appointed liquidators on July 16. There has been no information on what the news will mean…
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Kindred Spirits Retail Limited entered creditors’ voluntary liquidation at the end of June, with Stephen Lancaster, of Lucas Ross Limited, appointed liquidator. A statement of affairs signed by director Oliver Barker shows estimated liabilities of £327,831.77 and assets expected to realise £31,227.83, leaving an estimated shortfall to creditors of £296,603.94. The company’s only asset expected…
ASIC’s July 2026 review of voluntary administration outcomes is a useful reference point for practitioners advising SME clients under financial pressure. It reinforces a practical point we see regularly: voluntary administration remains a valuable restructuring tool, but the outcome is shaped by timing, preparation and the strength of the proposal put to creditors. What the…
Multimillion-dollar twist in flailing of mattress maker AH Beard Herald Sun Read the original article here
Aban Offshore accepts Independent Director Krishnamurthy Vijayan’s resignation scanx.trade Read the original article here
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