Kate Middleton suffers blow as one of her favourite designers goes into liquidation after amassing £700K debt

One of Princess Kate’s “go-to” designer Tabitha Designs Ltd, established by designer Tabitha Webb in 2013, has entered voluntary liquidation after accumulating debts totalling £700,000, just days after another of the royal’s favoured designers went into administration. The company, which became a favourite of the Princess of Wales and numerous television personalities, owes £50,000 in…

Canterbury R&D firm placed in liquidation owing $940k

A Canterbury-based research and development company — spun out of Lincoln Agritech — has been placed in liquidation owing an estimated $940,000. Incorporated in 2015, CertusBio was attempting to develop real-time monitoring for the food-processing industry to reduce product loss and improve efficiency and environmental sustainability. In his first report, liquidator Robin Crimp said the…

Key NCLT Rulings of 2025 [Part 2]

“IBC code” most commonly refers to India’s Insolvency and Bankruptcy Code, 2016, an act that consolidates and amends laws for the time-bound resolution of insolvency for corporate bodies, firms, and individuals. The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues relating to Indian Companies. The National Company Law Tribunal…

NCLT Rules Electricity as “Essential Supply” u/s 14(2) IBC, Bars Disconnection for Non-Payment of Pre-CIRP Dues by Hotel [Read Order]

The National Company Law Tribunal has ruled that electricity is an essential supply under section 14(2) of the Insolvency and Bankruptcy Code,2016, and it has also barred the disconnection of electricity for the non-payment of pre-Corporate Insolvency Resolution Process (CIRP) dues. The Financial Creditor, Punjab National Bank, had initiated CIRP against Garib Nawaz Hotels, the…