“The company made comprehensive efforts to evaluate all financing and other strategic alternatives, including a sale of its business and operations, to improve its financial condition. As part of those efforts, the company engaged numerous strategic and financial parties, but ultimately was unable to execute a viable going-concern transaction for its business and operations or obtain additional liquidity,” Sonder’s news release read.

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SAB Events & Governance Now Media Ltd. ( (IN:SABEVENTS) ) has issued an update.

SAB Events & Governance Now Media Limited has initiated a Pre-Packaged Insolvency Resolution Process (PPIRP) under Section 54C of the Insolvency and Bankruptcy Code, 2016, as admitted by the National Company Law Tribunal (NCLT) on November 4, 2025. This move marks a significant step in addressing the company’s financial challenges, with Mr. Kedar Parshuram Mulye appointed as the Resolution Professional to oversee the process, potentially impacting the company’s operations and stakeholders.

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SAB Events & Governance Now Media Limited operates in the digital media industry, focusing…

The Really Local Group announced on Friday (November 7) that its company had been forced into liquidation after eight years.

Liquidation is when a company shuts down and sells its assets to repay its debts.

The Really Local Group ran two cinemas in south London – Throwley Yard in Sutton, which opened in September 2024 and Catford Mews which opened in September 2019.

Throwley Yard closed for good on Sunday (November 9), and Catford Mews shut down in October 2024.

Preston Benson, founder of the Really Local Group, said: “Ultimately it doesn’t matter how the business failed; it did, and I take full responsibility for that.

“Cinemas close every week with barely a whimper.

“Our very public challenges over…

Company liquidations have risen 26 percent year on year, according to latest data unveiled by credit reporting service Centrix last month.

More companies were finding themselves struggling to stay afloat due to intensified efforts by authorities to recover taxes after the relaxed policies implemented during the Covid-19 pandemic, Centrix said.

Hospitality businesses have been hit particularly hard, with established Auckland restaurants Imperial Palace, Dragonboat and Sun World Seafood all placed into liquidation between June and the end of August.

In the event of insolvency, stakeholders are notified by a liquidator that a company is under liquidation, with any creditors asked to confirm any outstanding…

Lisbon, Nov. 11, 2025 (Lusa) – Euronext Lisbon has decided to exclude, as of 19 November, the shares of construction company Grão-Pará, which was declared insolvent in September, the market was told.

“The real estate company Grão Pará hereby shares that Euronext Lisbon has disseminated through its channels […] notice 228/25, informing that the ordinary shares issued by Imobiliária Constritora Grão Pará […] will be excluded from Euronext Lisbon as of 19 November 2025,” reads a statement sent to the Portuguese Securities Market Commission (CMVM).

The last trading day for its securities will be 18 November.

The delisting was determined by Euronext because the…

The National Company Law Tribunal (NCLT), Allahabad Bench, has approved the resolution plan submitted by Poly Medicure Limited for Himalayan Mineral Waters Private Limited, bringing the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor to a close. The successful plan proposes a total resolution amount of ₹33.15 Crores to take over the company.

The resolution plan & distribution

The resolution plan submitted by Poly Medicure Limited, a listed entity with a strong net worth, was approved by the Committee of Creditors (CoC) with an overwhelming 98.76% vote. The following table details the distribution of the resolution amount: