NCLT Admits Corporate Insolvency Proceedings Against Navi Mumbai-Based Firm On Bank Of India’s ₹117.50 Crore Plea

Liquidation

NCLT has admitted insolvency proceedings against Supreme Engineering Limited on Bank of India’s petition over an alleged ₹117.50 crore default | Representational Image Mumbai, June 27: The National Company Law Tribunal (NCLT) has admitted a Corporate Insolvency Resolution Process (CIRP) against Navi Mumbai-based Supreme Engineering Limited. The order was passed on a petition filed by…

Shape Construction $3.5m debt, enforcement not economic

Liquidation

When the maths beats the case When Christchurch modular builder Shape Construction went into voluntary liquidation, the final tally was grim. The April 2026 liquidator’s report recorded $3.5 million owed to creditors, with only about $50,000 recouped through asset sales, at least six partially built homes scattered across the country, and a $267,000 unpaid tax…

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Liquidation

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UK salon collapses into liquidation – family business since 2018 | UK | News

Liquidation

The Cardiff-based family haircare business has entered creditors’ voluntary liquidation (Image: Getty) A British family-run hair salon and professional beauty brand founded by three generations of hairdressers has entered liquidation. The Hair Movement Ltd, which operates a flagship salon and co-working space in Cardiff alongside its professional haircare range, has called a meeting of creditors…

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Liquidation

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Liquidation

To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…