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.
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
Sour grapes: Wine club that spammed Aussies in liquidation  The Courier Mail Read the original article here
Türkiye's Onur Air declared bankrupt  ch-aviation Read the original article here
Issam Qadamani The government borrows, but it also repays its debts. This is the essence of the 2026 financing budget.The
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NxtGen Driving Academy described itself as "one of the fastest growing driving schools in East Anglia".Instructors were based in Suffolk,
Pacific tax pact to counter China’s ‘debt-trap diplomacy’  The Australian Read the original article here
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Africa has a debt crisis, momentum from G20 in SA can help find solutions  Daily Maverick

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

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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

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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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Sour grapes: Wine club that spammed Aussies in liquidation  The Courier Mail

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Türkiye’s Onur Air declared bankrupt  ch-aviation

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Issam Qadamani

The government borrows, but it also repays its debts. This is the essence of the 2026 financing budget.

The net increase in public debt is the difference between the funds borrowed to meet financing needs and the amounts used to repay debts. The financing budget cannot be understood by looking only at the borrowing side – its uses are equally critical and serve as the true measure of the government’s financial performance.

Under the 2026 financing budget, total borrowing during the year will reach JD7.1 billion. These funds will cover debt repayments, interest, and installments. In addition, the government will finance a financial deficit of JD2.1 billion, settle the Water Authority’s deficit and dues of JD330…

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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:


1. Open the settings menu by clicking the hamburger menu in the top right

2….

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NxtGen Driving Academy described itself as “one of the fastest growing driving schools in East Anglia”.

Instructors were based in Suffolk, Norfolk, Staffordshire, Buckinghamshire, Essex, Cambridgeshire, Sussex, North Wales and Cheshire.

Some of the instructors were employed directly by the company, while others ran their own franchises.

In addition to learners, HMRC is also owed in the region of £180,000, suppliers and service providers more than £45,000, and the firm’s 19 employees more than £33,000, according to the company’s statement of affairs.

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Pacific tax pact to counter China’s ‘debt-trap diplomacy’  The Australian

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No Cookies

To use this website, cookies must be enabled in your browser. 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 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:

1. Open the settings menu by clicking the hamburger menu in the top right

2. Choose “App Settings” from the menu

3. Turn on the option “Links Open Externally”…

Read the original article here