A highly-regarded escape room business in York has gone into liquidation after being unable to meet its financial obligations. Locked In Games York Limited, based at Club Chambers, Museum Street, in York, will be wound up voluntarily following a general meeting held at its registered office in Leeds on July 10. According to company records…
A French court ordered the liquidation of Midgar Studio on July 20, 2026, ending the Montpellier-area developer’s 18-year run and almost certainly ending Edge of Memories, the action RPG the studio had been building toward a late-2026 release. No buyer was found before the court’s deadline. It is the second permanent studio closure to fall…
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IICA Inaugurates Eighth Batch of its Flagship Post Graduate Insolvency Programme (PGIP 2026–28) PIB Read the original article here
SINGAPORE – Heritage company My Community Limited has entered provisional liquidation after its executive director declared it cannot continue its business due to liabilities, based on notices published in the Government Gazette on July 16. The notices showed that the company’s executive director and founder Kwek Li Yong had on July 3 applied to have…
The NCLT Ahmedabad Bench has held that allegations contained in a forensic audit report cannot extinguish a corporate debtor ownership rights over fixed deposits maintained in its name during the CIRP. The Bench stated that a forensic audit report, by itself, cannot divest a corporate debtor of ownership over monies standing in its bank accounts…
The National Company Law Appellate Tribunal (NCLAT) has held that the interest component on Inter-Corporate Deposits (ICDs) cannot be excluded from the computation of financial debt under the Insolvency and Bankruptcy Code, 2016 (IBC), where the Corporate Debtor has acknowledged its liability. The Appellate Tribunal allowed the appeal filed by Wild Dreams Trading Company Pvt.…
Arbitration Agreement Cannot Defeat Recovery of Corporate Debtor’s EV Assets During CIRP: NCLT Leaves ₹1.14 Crore Dues Claim Open Taxscan Read the original article here
A UK haulage and freight business open for just half a decade has become the latest firm to fall into liquidation. T.M.S Service Provider Limited appointed liquidators on July 13, with a notice published in the London Gazette early on July 21. A Resolution for Winding-Up order has revealed that the business would be “wound…
Edge of Memories developer Midgar Studio is being liquidated GameDev.net Read the original article here