Acetech Metals enters liquidation as assets put up for auction – letsrecycle.com
Acetech Metals enters liquidation as assets put up for auction letsrecycle.com Read the original article here
IBC: Creditors Realise Rs 4 Lakh Crore, Says RBI: Rediff Moneynews
RBI report reveals creditors realised Rs 4 lakh crore under IBC till September 2025. CIRP details & liquidation insights included. Mumbai, Dec 31 (PTI) Creditors have realised Rs 4 lakh crore under the resolution plans initiated under the Insolvency and Bankruptcy Code till September 30, 2025, according to a Reserve Bank report on Wednesday. Since…
Ansal Properties Holds Sixth Committee of Creditors Meeting Under Corporate Insolvency Resolution Process – scanx.trade
Ansal Properties Holds Sixth Committee of Creditors Meeting Under Corporate Insolvency Resolution Process scanx.trade Read the original article here
Creditors realised Rs 4 lakh crore under IBC till Sep RBI report- The Week
Mumbai, Dec 31 (PTI) Creditors have realised Rs 4 lakh crore under the resolution plans initiated under the Insolvency and Bankruptcy Code till September 30, 2025, according to a Reserve Bank report on Wednesday. Since the provisions relating to the corporate insolvency resolution process came into force in December 2016, a total of 8,659 CIRPs…
Nitin Fire Protection Industries Limited Liquidator Schedules Meeting for Q3FY26 Financial Results Review – scanx.trade
Nitin Fire Protection Industries Limited Liquidator Schedules Meeting for Q3FY26 Financial Results Review scanx.trade Read the original article here
When Is It Just and Equitable to Pool Companies?
Krejci (liquidator), Neway Holdings Pty Limited, in the matter of Neway Holdings Pty Limited [2025] FCA 1233 Facts In Krejci (liquidator), Neway Holdings Pty Limited, in the matter of Neway Holdings Pty Limited [2025] FCA 1233, the liquidators sought a pooling order under section 579E of the Corporations Act 2001 (Cth). This order was in…
Taxpayers miss out on millions after ‘phoenixism’ at UK recruitment firms | Business
Insolvent recruitment businesses shorn of their debts then reacquired from administration by the directors or shareholders that presided over their demise are costing the exchequer tens of millions of pounds in lost taxes, a Guardian analysis suggests. The practice of “phoenixism” – the art of liquidating a company and allowing the directors to rise from…
CEO of Denver apartment giant receives $6.7M in extra compensation as company liquidates – The Business Journals
CEO of Denver apartment giant receives $6.7M in extra compensation as company liquidates The Business Journals Read the original article here
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Insolvency levels consistent over the past 3 years
There were 848 insolvencies recorded in 2025, according to the latest PwC Insolvency Barometer. This was a slight decrease from 868 in 2024, but still higher than the 736 insolvencies in 2023. PwC’s analysis reveals an average of 204 insolvencies each quarter since the start of 2023. These steady figures highlight that, despite some quarterly…