Business insolvencies rise by 5%

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales was 1,931 in July 2026, 5% higher than in June 2026 (1,847) but 5% lower than the same month in the previous year (2,031 in July 2025). The business insolvencies in July 2026 consisted of 288 compulsory liquidations,…

Bobble AI enters insolvency proceedings over Rs 5.77 crore default; Krafton holds nearly 25% stake

Bobble AI is facing a formal insolvency process after its operating company, Talent Unlimited Online Services Private Limited, was admitted into the Corporate Insolvency Resolution Process by the National Company Law Tribunal (NCLT), New Delhi. The development was first reported by Entrackr, based on regulatory filings and records available with the Registrar of Companies. At…

Bobble AI enters insolvency proceedings over Rs 5.77 crore default; Krafton holds nearly 25% stake

Bobble AI is facing a formal insolvency process after its operating company, Talent Unlimited Online Services Private Limited, was admitted into the Corporate Insolvency Resolution Process by the National Company Law Tribunal (NCLT), New Delhi. The development was first reported by Entrackr, based on regulatory filings and records available with the Registrar of Companies. At…

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Voluntary liquidation vs strike-off: The options available when a solvent Cayman Islands company reaches the end of its life

In the first instalment of this series, ‘Crossroads: A Guide to Corporate Distress in the Cayman Islands’, we explored statutory demands and one of the tools available to creditors seeking payment of outstanding debts. However, not every company reaches the end of its life due to financial difficulties, disputes or insolvency. In fact, most Cayman…