Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
Groningen, Netherlands-based Soly, an international solar energy company, has been declared bankrupt. The announcement was made by the co-founder, Milan
The Bombay High Court has allowed challenging two notices issued by the National Faceless Assessment Centre under the Income Tax Act, 1961, for Assessment Year 2024-25 and upheld the extinguishment of Pre-Resolution Claims. It was observed that an approved resolution plan is binding on all stakeholders, including government authorities, and any claim not part of the plan stands extinguished.
V Hotels Limited filed a writ petition. The petitions concerned notices dated 24th June 2025 under Section 143(2) and 26th September 2025 under Section 142(1) ofthe Income Tax Act. V Hotels contended that these notices were untenable as the company had undergone a Corporate Insolvency Resolution Process (CIRP) under the Insolvency…
Groningen, Netherlands-based Soly, an international solar energy company, has been declared bankrupt.
The announcement was made by the co-founder, Milan van der Meulen, through a LinkedIn post. The announcement comes over a year after raising €30M in funding led by ArcTern Ventures.
The bankruptcy petitions for Soly Holding B.V. and Soly NL SSC B.V. were filed by the company and officially approved this week by the District Court of Groningen.
“We are deeply saddened and disappointed by this outcome. It is difficult for us to accept that loyal employees, partners, and other stakeholders are now facing uncertainty,” says van der Meulen.
Although the founders and shareholders are no longer operationally active within…
Read by executives at JP Morgan, Coinbase, Blackrock, Klarna and more
A New Effort to Understand the Pressures Behind BNPL Debt
As the holiday season approaches, millions of shoppers turn to online stores and the promotions that fill screens, inboxes, and social media feeds. The ease of pressing a single button to secure a product has changed how people spend, especially when budgets feel tight.
The growing use of buy-now-pay-later services reflects this shift. These short-term payment plans…
Juniper Hotels Limited has announced its move to acquire the prized JW Marriott hotel property in Bengaluru, currently owned by the insolvent Gstaad Hotels Private Limited.
In a regulatory filing to the stock exchanges on Thursday, the hotel chain informed that its Board of Directors, in a meeting held on November 26, 2025, has approved the company’s participation in the Corporate Insolvency Resolution Process (CIRP) of Gstaad Hotels.
The target asset is the five-star hotel situated at 24/1, Vittal Mallya Road in Bengaluru. According to the disclosure, the proposed acquisition is a strategic move to revive a distressed asset and is aligned with Juniper’s long-term growth strategy in the premium hospitality…
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The company has been in business since 1970 operating out of its head office in Wakefield.
Latest accounts for the firm for the year to October 31 2024 show a turnover of £46.5m generating a pre-tax profit of £3.3m while the business employed 308 staff.
Data and credit checking specialist Red Flag Alert highlighted the firms’ administration notice with its regular checks of high court construction insolvency applications.Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts.The Enquirer has linked-up with Red Flag Alert to offer readers a discount on its services and help you avoid worthless invoices from insolvent companies.
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:
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Black Friday is here and Christmas is coming – bringing store shelves and websites packed with tempting items plus TV adverts and promotions to get us spending to ensure we have a perfect festive season.
But what happens if you haven’t got the money to make those purchases? Rather than going without, many shoppers are turning to buy-now-pay-later (BNPL) schemes – laying down a small amount and committing to pay the rest in instalments
With more of us choosing to shop online, it has never been easier to buy things at the touch of a button, with the option to pay in full or via deferred payment services, like Klarna.
Now a new project involving Swansea University seeks to find out how people cope with their shopping payments…
