Insolvency Guardian Media Centre

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.
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has dismissed an appeal filed by assessee, suspended
Grants available to customers of any energy supplier through the British Gas Energy Trust’s Individuals and Families Fund.When you’re struggling
The Kings Head Hotel in Dereham has stood empty since February and is currently listed on the market for £450,000
‘Touch and go’: Raleigh family struggles despite NC medical debt relief  Raleigh News & Observer Read the original article here
As financial pressures intensify, regulations tighten and customer expectations for innovation rise, organisations across the credit and debt ecosystem are
Bedford's future secured, with 1,250 disability jobs and services protected in new ownership transition  Glam Adelaide Read the original article here
Qld resort owner’s Trump claim in fiery blast at ATO  The Courier Mail Read the original article here
Africa has a debt crisis, momentum from G20 in SA can help find solutions  Daily Maverick Read the original article here
Astron Paper & Board Mill Reports Quarterly Loss Amid Insolvency Proceedings and Plant Shutdown  scanx.trade Read the original article here
New Delhi, Nov 17 (KNN) The Insolvency and Bankruptcy Board of India (IBBI) has proposed significant changes to valuation norms
Bruno Mars Mocks $50 Million Gambling Debt Rumor | E! News (c72ZPv5VRLu)  folha do es Read the original article here
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved the Rs 12.80-crore resolution plan submitted by Kanak S. Kewalramani

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 NCLT’s order dated 07.01.2025, whereby the Adjudicating Authority had admitted Superfine Extrusions Pvt. Ltd. (Corporate Guarantor) into the Corporate Insolvency Resolution Process (CIRP) for a financial default amounting to ₹94.71 crore.

A consortium of banks, led by the Central Bank of India, had extended various credit facilities to…

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Grants available to customers of any energy supplier through the British Gas Energy Trust’s Individuals and Families Fund.

When you’re struggling with energy bills, it’s easy to feel like you have nowhere to turn, especially as the weather turns colder and the need to heat our homes is essential for our own health and safety.

However, many people may not be aware that the British Gas Energy Trust operates its Individuals and Families Fund (I&F), which can help support customers with any supplier.

I&F can help people with credit or prepayment meter accounts, who have fallen into energy debt and need financial support to get back on track. It offers grants of up to £1,700 to clear outstanding energy bills, and you don’t have to be a…

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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 Advisory as liquidator.

The company’s sole director is Jacqueline Francis, according to Companies House.

The future of the historic hotel remains uncertain.

Earlier this year, Breckland Council held talks with businessman Tony Burlingham over purchasing the Grade II listed building.

Businessman Tony Burlingham, pictured in 2007 (Image: Newsquest)

Mr Burlingham…

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‘Touch and go’: Raleigh family struggles despite NC medical debt relief  Raleigh News & Observer

Read the original article here

As financial pressures intensify, regulations tighten and customer expectations for innovation rise, organisations across the credit and debt ecosystem are seeking technology that can strike a balance between efficiency and responsibility.

 

Aryza is well placed to address this issue. With its heritage in the lending, collections, recovery and debt sectors, the company has developed holistic end-to-end SaaS solutions, helping institutions replace legacy systems and manual processes with intelligent automation and AI to improve business performance. By enhancing visibility, accuracy and speed, Aryza enables businesses to reduce costs, strengthen compliance and support their own customers with fairness and transparency at every stage of…

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Bedford’s future secured, with 1,250 disability jobs and services protected in new ownership transition  Glam Adelaide

Read the original article here

Qld resort owner’s Trump claim in fiery blast at ATO  The Courier Mail

Read the original article here

Africa has a debt crisis, momentum from G20 in SA can help find solutions  Daily Maverick

Read the original article here

Astron Paper & Board Mill Reports Quarterly Loss Amid Insolvency Proceedings and Plant Shutdown  scanx.trade

Read the original article here

New Delhi, Nov 17 (KNN) The Insolvency and Bankruptcy Board of India (IBBI) has proposed significant changes to valuation norms under the Insolvency and Bankruptcy Code (IBC) to address inconsistencies and prevent undervaluation of distressed companies, particularly those with substantial intangible assets.

In its discussion paper ‘Strengthening the Valuation Process under the Insolvency and Bankruptcy Code, 2016,’ the IBBI said current valuation methods often overlook the full commercial value of distressed companies, as valuers focus on individual asset classes rather than the business as a whole. 

This results in underestimation of key intangible assets such as brand value, intellectual property (IP), customer…

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Bruno Mars Mocks $50 Million Gambling Debt Rumor | E! News (c72ZPv5VRLu)  folha do es

Read the original article here

The National Company Law Tribunal (NCLT), Mumbai Bench, has approved the Rs 12.80-crore resolution plan submitted by Kanak S. Kewalramani for Sterling Healthcare Limited, bringing an end to the corporate insolvency process for the pharmaceutical company. The tribunal’s order, delivered on 14 November 2025, paves the way for the revival of Sterling Healthcare, which was admitted into the Corporate Insolvency Resolution Process (CIRP) in December 2023.

The resolution plan, which received a 100% vote of approval from the company’s Committee of Creditors (CoC) in January 2025, was upheld by the bench comprising Judicial Member Sushil Mahadeorao Kochey and Technical Member Prabhat Kumar.

The winning bid and…

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