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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…

Faster Insolvency Aims for Global Edge

India’s Evolving Insolvency Framework Set for Major Overhaul The Indian financial ecosystem is poised for further refinement with the upcoming tabling of the Insolvency and Bankruptcy Code (Amendment) Bill, 2025. This legislative push, confirmed by Finance Minister Nirmala Sitharaman, signals a continued commitment to enhancing the efficiency and global standing of India’s corporate insolvency…

Company liquidations hit a 15-year high

Company failures hit a 15-year high in New Zealand last year, according to credit bureau Centrix. In  Centrix’s latest monthly Credit Indicator report, chief operating officer Monika Lacey said the rising liquidations “underscore ongoing financial strain across parts of the economy, as well as the IR’s ongoing crackdown on outstanding debts”. However, Lacey said despite…

Ansal Properties Loses Key Officials Amidst Insolvency Process

Strategic Analysis & Impact Ansal Properties and Infrastructure Ltd. has disclosed the departure of two senior officials, a development that carries significant governance and operational implications given the company’s ongoing Corporate Insolvency Resolution Process (CIRP). The Event:Shri Abdul Sami has resigned from his critical positions as Company Secretary, Compliance Officer, and Nodal Officer, effective…

Canterbury building firms collapse | Otago Daily Times Online News

Another two Canterbury building companies have gone into liquidation after accumulating debts. Alpha Construct Ltd owes a combined $867,000 to Inland Revenue (IRD) and creditors, while unrelated company Gellatly Builders Ltd has an estimated total shortfall of about $297,000. Alpha Construct shareholders and directors Keith Carney and Sarah Browne voluntarily put their company into liquidation…