Important orders on IBC (Jan 16 – Jan 31, 2026)

NCLAT Fortnightly January 16-31, 2026  The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal (“NCLAT”), under the Insolvency and Bankruptcy Code, 2016 (“Code”), during the period between January 16, 2026, to January 31, 2026. For ease of reference, the orders have been categorized and dealt with in…

Liquidators appointed to Scottish aircraft sales company

Liquidators at FRP Advisory said the company that operated moved to “conclude its affairs in an orderly manner”. The firm is described at Companies House as “agents involved in the sale of machinery, industrial equipment, ships and aircraft”. The Glenrothes-registered P3R Aviation Limited passed the special resolution “that the company be wound up voluntarily” and…

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Christchurch beauty business collapses owing more than $600,000

A Christchurch based beauty company has gone into liquidation owing an estimated $610,000 to creditors, with little chance of repayments. Lashed Limited, which operated eyelash salons in Waltham, Hornby and Bishopdale, was placed into voluntary liquidation on 11 March 2026. Insolvency practitioner Brenton Hunt was appointed as liquidator. The company, owned and directed by Miriam…