Insolvency Guardian Media Centre

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Simplex Projects’ promoter secures NCLT’s nod for acquiring company through bankruptcy
The bankruptcy court in Kolkata has approved the Simplex Projects revival plan submitted by its promoter Sudarsshhan Das Mundhra.Before the
Thousands receive support through our ongoing drive to tackle poverty
In 2023/24, the additional benefit income generated for residents increased by 35.1%, with just under £48million secured through claims and
Advice NI warning as latest scams are more sophisticated with criminals now using AI – Belfast News Letter
Advice NI warning as latest scams are more sophisticated with criminals now using AI  Belfast News Letter Read the original article
Byju Raveendran claims July salaries will be paid despite insolvency concerns
Byju Raveendran, Founder of the cash-strapped edtech firm BYJU’S, in an email, told employees that their July salaries would be
Hilco Capital takes over CommBank's debt in EziBuy liquidation – BusinessDesk
Hilco Capital takes over CommBank's debt in EziBuy liquidation  BusinessDesk Read the original article here
China property crisis has Xi Jinping on alert
While the sector represents only about five per cent of China’s financial system, its links with property developers and developments
UK insolvencies surpass financial crisis levels as interest rates squeeze businesses
The number of UK companies falling into insolvency over the past year has surpassed the levels seen during the 2008
Karen Millen founder declared bankrupt over huge tax bill
The woman who founded one of Britain’s best known fashion chains has been declared bankrupt after saying she could not
Now Is the Time to Help Countries Faced with Liquidity Challenges
Many countries are being squeezed by increasing interest payments and high debt redemptions. The economic scarring of the pandemic, conflicts
Insolvency-quashing order: US lenders to Byju’s file appeal in SC | Company News
2 min read Last Updated : Aug 09 2024 | 11:02 PM IST Some overseas lenders to edtech startup Byju's
Clough Transport in liquidation after contract loss
A Mosgiel-based freight transport business has been put in liquidation, by shareholder resolution, after the loss of a "significant" contract
How much of your credit card debt can be forgiven?
The right debt forgiveness program could provide serious relief from your credit card debt, but will it wipe it out