Billionaire Anil Agarwal on Friday said that Vedanta losing out on Jaiprakash Associates insolvency despite being the highest bidder has put a question mark on transparency of India’s corporate insolvency resolution process. “The IBC (Insolvency and Bankruptcy Code system declared us the highest bidder for Jaiprakash Associates. It was publicized widely that Vedanta is the…
Twisted Bars (Ilkley) Ltd runs The Ticket Office, a stylish venue in the Victorian train station specialising in high-end cocktails, craft ales, and wines and The Yard at the rear of Brook Street, a bar and kitchen featuring an orangery, live music, DJ sets, and a south-facing terrace. The Yard, Ilkley (Image: submitted) Founded by…
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Brian Milne and Ishbel Macneil of Quantuma Advisory have been appointed liquidators to Gracey Avenue, Dunfermline’s only dedicated lingerie retailer, resulting in the loss of five jobs. A Companies House filing shows the Fife business passed a special resolution on 5 March confirming that the company could not continue trading by reason of its liabilities…
BERLIN (March 13): The total number of corporate bankruptcies in Germany rose to its highest level in more than a decade last year, according to data published by the federal statistics office on Friday. Local courts registered 24,064 corporate insolvency filings, 10.3% more than in the previous year, according to the figures. “2025 was an…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…
German Corporate Insolvencies Surge to Decade-High Amid Economic Headwinds Rising Bankruptcy Rates and Economic Challenges in Germany Corporate Insolvency Statistics Reach Decade High BERLIN, March 13 (Reuters) – The total number of corporate bankruptcies in Germany rose to its highest level in more than a decade last year, according to data published by the federal…
Gracey Avenue sat on the city’s New Row for around two decades, but plummeting sales led owner Tracey Grayson to make a tough decision and close the doors for good. She told the Press back in January: “We just can’t survive any longer, because the government is pushing us out and making it impossible for…
The National Company Law Tribunal (NCLT) has ordered the liquidation of Hero Electric Vehicles Pvt. Ltd. after efforts to revive the company through the insolvency resolution process failed to produce an approved plan. The order was passed by the NCLT’s New Delhi Bench on March 3, 2026.The tribunal noted that no resolution proposal received the…
A popular hair salon, located in one of the UK’s biggest cities, has gone into liquidation. Art.Salon, in Birmingham, is a “premier women only hijab friendly luxury hair and beauty salon. A Corporate Insolvency notice has been posted to The Gazette for the business. On Treatwell, a review website for salons across the UK, customers…