Precision Group supports Ezprint customers, staff

Following the sudden closure of Melbourne-based Ezprint and its entry into voluntary liquidation, Precision Group has reached out to lend its support to the company’s beleaguered staff and customers. Cory Hall, group CEO of Precision Group, told Print21 the company has approached clients and staff and is currently in contact to offer assistance. “We have…

NCLAT sets aside Insolvency Proceedings against Adity Birla capital, aligning with Supreme Court’s Protection of Homebuyers [Read Order]

The National Company Law Appellate Tribunal (Principal Bench, New Delhi) has set aside the National Company Law Tribunal’s order admitting a Corporate Insolvency Resolution Process (CIRP) against the entirety of Mahagun (India) Pvt. Ltd., directing that the proceedings be reconsidered with a view to confining them only to the defaulting “Mahagun Manorialle” project. The order…

Business insolvencies increase – Credit Connect

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales,  was 2,029 in October 2025, 2% higher than in September 2025 (1,995) and 17% higher than the same month in the previous year (1,739 in October 2024). The business insolvencies consisted of 301 compulsory liquidations, 1,592 creditors’…

Excelsior Capital (ASX: ECL) Liquidation Vote Explained

Excelsior Capital (ASX: ECL) faces its most dramatic shareholder meeting in years today, with investors voting on whether to liquidate the company entirely and remove its CEO. Shareholders controlling at least 5% have requisitioned resolutions, essentially a formal demand forcing the board to hold a vote to wind up Excelsior, appoint liquidators from BRI Ferrier,…

Administrator considers offers for Derrimut 24:7 Gym assets

Troubled fitness chain Derrimut 24:7 Gym has entered a critical phase of its bankruptcy and restructure, with expressions of interest now officially being sought for the business while administrators work to protect staff entitlements. Amid mounting pressure from the Australian Taxation Office (ATO) over unpaid tax, superannuation and supplier debts, the chain’s operating entity was…