UK travel firm collapses into liquidation as all trips cancelled | Travel News | Travel

A UK travel company has gone into liquidation, leaving customers devastated as holidays are cancelled. Oxfordshire Travel Limited entered creditors’ voluntary liquidation on October 30, 2025, according to Companies House. According to Travel and Tour World, the liquidation comes after the company failed to settle its debts with creditors and sustain operations due to financial…

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Tiling business in liquidation owing $350k

A Queenstown-based tiling business has been placed in voluntary liquidation with an estimated shortfall to all creditors of about $350,000, the liquidators first report says. Redback Tiling, which provided tiling services in the Central Otago area, was placed in liquidation on February 23 by special resolution of the shareholders and Brenton Hunt, of Insolvency Matters,…

SC Allows Simultaneous CIRP Against Borrower & Guarantor

The corporate insolvency landscape in India witnessed a landmark clarification with the Supreme Court’s comprehensive judgment in ICICI Bank Limited v. Era Infrastructure (India) Limited and connected matters, delivered in 2026. This pivotal ruling addressed one of the most contentious issues in insolvency law: whether financial creditors can simultaneously initiate Corporate Insolvency Resolution Process (CIRP)…