Category Archives: Liquidation

NCLTs will take nearly 10 years to clear pending cases at current rate: Economic Survey of India

However, the survey cautioned that prolonged insolvency timelines erode asset value, disrupt operations and weaken stakeholder confidence. It noted that the Pre-Packaged Insolvency Resolution Process has seen only 14 admissions since its introduction in 2021, reflecting procedural complexity, lack of awareness, trust deficits in debtor-led processes and funding constraints for MSMEs. Looking ahead, the Economic…

Survey seeks insolvency revamp, simpler tax to boost corporate bond demand

The government needs to enhance the effectiveness of the insolvency framework, simplify tax structures for bonds, and ensure greater coordination between agencies to boost investor confidence in corporate debt, the Economic Survey for 2025-26 said on Thursday. The regulators have taken several measures over the years to deepen the corporate bond market, but coordinated and…

Staff at leading Irish insurance underwriter say they've been left without pay as firm enters liquidation – MSN

Staff at leading Irish insurance underwriter say they’ve been left without pay as firm enters liquidation  MSN Read the original article here

Ask the expert: Three structural risks that will keep business insolvencies high in 2026 – Allianz Trade

Ask the expert: Three structural risks that will keep business insolvencies high in 2026  Allianz Trade Read the original article here

Company behind Solfest music festival goes into liquidation

Solfest, an independent music and arts festival, was first held on the Solway coast near Silloth in September 2004. “After more than 20 years as one of the UK’s most established family festivals, the organisers of Solfest have taken the difficult decision to place the company into liquidation,” the organisers said in a statement. “This…

Nanyang Optical to wind up after 65 years in Singapore’s eyecare industry – – The Online Citizen

Nanyang Optical to wind up after 65 years in Singapore’s eyecare industry  – The Online Citizen Read the original article here

Company behind Solfest music festival goes into liquidation

Solfest, an independent music and arts festival, was first held on the Solway coast near Silloth in September 2004. “After more than 20 years as one of the UK’s most established family festivals, the organisers of Solfest have taken the difficult decision to place the company into liquidation,” the organisers said in a statement. “This…

Building company based in UK seaside town collapses into liquidation – MSN

Building company based in UK seaside town collapses into liquidation  MSN Read the original article here

Stephens and Stephens ‘luxury’ developer has another company in administration

The fourth company in the same trouble-plagued Cornish group to go either into administration or liquidation in 12 months File picture of the Cliff Edge 2 development in Narrowcliff, Newquay. The company behind the scheme, Cliffedge 10 Newquay Limited part of the Stephens & Stephens Group, owned by Paul and Helen Stephens, went into administration…

Building company based in UK seaside town collapses into liquidation | UK | News

A building firm in a UK seaside town has collapsed into liquidation. Southwood Building Contractors Limited is based in Christchurch, Dorset. A listing published on January 27 said that a virtual meeting of creditors of the business – individuals or bodies owed money by the company – is being held by its directors on February…