IBC Amendments Optimist As Q3FY26 IBC Data Shows Recoveries – BW Businessworld
IBC Amendments Optimist As Q3FY26 IBC Data Shows Recoveries BW Businessworld Read the original article here
Longstanding Irish furniture firm enters liquidation amid trading challenges
After more than 60 years: A family-owned furniture and flooring business in north Belfast (Ireland) has closed after more than six decades of operation, citing difficult trading conditions. The business, which employed around 16 people, ceased trading last month, and liquidators…
'Unfortunately due to difficult trading conditions the company has had to close': Directors thank staff and customers as 60-year old Northern Ireland furniture shop shuts – Belfast News Letter
‘Unfortunately due to difficult trading conditions the company has had to close’: Directors thank staff and customers as 60-year old Northern Ireland furniture shop shuts Belfast News Letter Read the original article here
UK construction firm with ‘first-class service’ collapses after nearly 6 years | UK | News
A UK construction company has collapsed into liquidation. With rising costs, the UK has seen a huge number of businesses filing for insolvency in recent years. Following the Covid-19 pandemic and the cost of living crisis, some firms have been forced to shut. Spectre Construction and Development LTD, which is registered in Plymouth, appointed liquidators…
Midlands Jobs At Risk Following Eurogiant Liquidation Announcement
Thursday, 5 February 2026 08:26 A total of 640 people nationwide are employed by Eurogiant. Midlands jobs are under threat following the news that the company that runs the Eurogiant chain of discount stores is going into liquidation. A spokesperson for the company says rising costs and increased competition mean the business is no longer…
Scottish airline goes bust & halts operations as liquidators appointed – The Scottish Sun
Scottish airline goes bust & halts operations as liquidators appointed The Scottish Sun Read the original article here
REVEALED: Latest business liquidations in Brisbane – The Courier Mail
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
₹55,357 Cr Debt Under CIRP
The Financial Deep Dive Jaiprakash Associates Limited (JAL) has submitted a mandatory disclosure indicating defaults in the payment of interest or repayment of principal amounts on its loans from banks and financial institutions for the month ending January 2026. This development occurs while the company is already under the Corporate Insolvency Resolution Process (CIRP),…
Aker Horizons ASA: Strategic update
OSLO, Norway, Feb. 5, 2026 /PRNewswire/ — Reference is made to the announcement by Aker Horizons ASA (OSE: “AKH) (the “Company”) on 30 October 2025, regarding the Board of Directors’ review of the Company’s future strategy following the merger between Aker Horizons Holding AS (“AKHH”) and Aker HoldCo AS, through which AKH shareholders received compensation…
IBC Timelines Under Strain As Insolvency Backlog Mounts: Economic Survey 2025–26
New Delhi, Feb 5 (KNN) India’s insolvency tribunals could take nearly a decade to clear their existing caseload if current disposal rates continue, raising concerns over mounting delays in the country’s insolvency resolution framework, according to the Economic Survey 2025-26. About 30,600 cases are pending before National Company Law Tribunals (NCLTs) nationwide, with the survey…