UK railway firm enters liquidation after 74 years with all operations stopped – Herald Series
UK railway firm enters liquidation after 74 years with all operations stopped Herald Series Read the original article here
UK railway firm enters liquidation after 74 years with all operations stopped Herald Series Read the original article here
HIRD Railway Services, which was founded back in 1952, had liquidators appointed on Friday, February 27. It is a supplier of specialist track-related products and services, including IBJs (Insulated Block Joints), heritage rail supplies, and network-approved new rails to the railway industry. HIRD Railway Services describes itself as an “innovative” provider of “industry-leading infrastructure solutions”.…
A UK furniture manufacturer has entered liquidation after operating since 1980. Liquidators have been appointed to Kontoor South Wales Limited during a virtual meeting on February 20, the notice confirms. The company has entered Creditors Voluntary Liquidation, which happens when management volunteers to wind up the business when it cannot repay its debts to creditors.…
UK railway firm enters liquidation after 74 years with all operations stopped News Shopper Read the original article here
UK railway firm enters liquidation after 74 years with all operations stopped Your Local Guardian Read the original article here
AGS Transact Technologies has failed to report its Q3 FY26 financial results, citing an inability to compile data amidst its ongoing Corporate Insolvency Resolution Process (CIRP). The company is under the purview of the NCLT, with its previous fiscal year’s audit also remaining incomplete. Reader Takeaway: Insolvency halts all financial reporting; severe governance gaps and…
JCT Limited will convene its 12th Committee of Creditors (CoC) meeting on March 10, 2026, at 11:00 AM in Delhi. The company is currently navigating the Corporate Insolvency Resolution Process (CIRP), a critical phase for its future. Reader Takeaway: Creditors convene for JCT resolution; ongoing insolvency clouds future outlook. What just happened (today’s filing) JCT…
Claims the Companies Act is being ‘abused and perverted’ by the BRPs to push for the liquidation of Tongaat ‘against the public interest’ Minister of Trade, Industry and Competition Parks Tau has lambasted the conduct of the business rescue practitioners (BRPs) of financially distressed, suspended JSE-listed sugar producer and property developer Tongaat Hulett. Tau said…
A company which ruled over swathes of India has closed for a second time. The original East India Company was founded by Royal Charter in 1600 and continued until 1874 when it was dissolved by the British Government. In 2010, the company was revived by Indian entrepreneur, Sanjiv Mehta, who bought the rights to the…
Teak Construction liquidation: Max Key caught in $7.9m failure NZ Herald Read the original article here