Informist, Monday, Nov. 17, 2025 NEW DELHI – The Insolvency and Bankruptcy Board of India Monday suggested that the committee of creditors of a company undergoing corporate insolvency process should mandatorily give reasons for recommending liquidation of the debt-ridden company if the resolution plan of value greater than liquidation value was received. The reasons…
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After failing to secure emergency funding, Australia’s biggest online bookseller Booktopia has said that it has now entered into voluntary administration. The company has appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee either a sale of the business or a recapitalisation of it. Booktopia has asked those who are interested in…
The Kings Head Hotel in Dereham has stood empty since February and is currently listed on the market for £450,000 with property agent Sidney Phillips. The Kings Head Hotel in Norwich Street, Dereham (Image: Google Maps) Now, Kings Head Hotel Ltd is being wound up voluntarily after appointing Richard Cacho of Norwich-based insolvency firm RCM…
Bee Inspired Clothing Ltd which opened it’s streetwear store just three months ago has appointed an insolvency firm to liquidate the company. In a statement released on Monday, November 17, bosses say after filing for liquidation they ‘moved swiftly’ to explore possible opportunities to sell business assets. The firm say they hope the sales could…
Tasty Dairy Specialities Reports Quarterly Loss Amid Ongoing Insolvency Proceedings scanx.trade Read the original article here
“The paper mill is historic, since 1872 it has had several managements over the years,” Tavella recounts. “In its most recent phase it was put into liquidation in 2005: it was bought by a group of entrepreneurs, some from Milan, some from the Brescia area, and the company took the name Pkarton spa. There was…
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has dismissed an appeal filed by assessee, suspended Director, and upheld the order of the National Company Law Tribunal (NCLT), Mumbai Bench, admitting a Section 7 application under the Insolvency and Bankruptcy Code, 2016 (IBC). The Appellant, Siddharth Satish Katariya, had challenged the…
The Kings Head Hotel in Dereham has stood empty since February and is currently listed on the market for £450,000 with property agent Sidney Phillips. The Kings Head Hotel in Norwich Street, Dereham (Image: Google Maps) Now, Kings Head Hotel Ltd is being wound up voluntarily after appointing Richard Cacho of Norwich-based insolvency firm RCM…
Bedford’s future secured, with 1,250 disability jobs and services protected in new ownership transition Glam Adelaide Read the original article here