The managing director of the BDS Group has explained the story behind the recent liquidation and collapse of the transport and logistics company. BDS Group and the numerous brands under its banner, including BDS Express, went into liquidation on November 11. After starting in 2014, managing director Harry Rathour has publicly released a sit-down video…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 restructured the enactment of the IBC in 2016. The bill, Introduced in the Lok Sabha on 12 August 2025, intends to resolve procedural delays, reduce litigation, creditor rights, and create new mechanisms to deal with group insolvencies, cross-border cases, and high-value financial distress. The Bill has been…
Leading Welsh brand Mallows Beauty collapses into liquidation business-live.co.uk Read the original article here
Furniture retailer Jory Henley Furniture Now collapses owing $3 million Waikato Times Read the original article here
Among the 27 sites it has across the country, the firm operates facilities on Christow Road at Marsh Barton Trading Estate in Exeter and on Sutton Road in Plymouth. The government confirmed that the official receiver will wind down the company and investigate the circumstances surrounding its collapse, including the conduct of current and former…
Among the 27 sites it has across the country, the firm operates facilities on Christow Road at Marsh Barton Trading Estate in Exeter and on Sutton Road in Plymouth. The government confirmed that the official receiver will wind down the company and investigate the circumstances surrounding its collapse, including the conduct of current and former…
Supreme Court Restores Corporate Debtor’s Property Under PMLA To Successful Resolution Applicant The Law Advice Read the original article here
Reverse CIRP: A Homebuyer-Centric Shift in Real Estate Insolvency Lexology Read the original article here
The National Company Law Tribunal (NCLT) at Mumbai recently reaffirmed that insolvency proceedings against personal guarantors under the Insolvency and Bankruptcy Code can be initiated even if no CIRP is pending against the corporate debtor, relying on the Supreme Court’s ruling in State Bank of India v. Mahendra Kumar Jajodia(2022). A coram of Judicial Member…