Insolvency Guardian Media Centre

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Murray & Roberts Holdings has received a final liquidation order from the Gauteng High Court, marking the end of the
Speaking at the Thairath Forum 2025: The Next New Economy seminar on October 27, Ekniti said the government plans to
Martine McCutcheon's Heartbreaking Double Blow: Second Bankruptcy Hits Just Months After Marriage Split The spotlight never dims for Martine McCutcheon,
The Thai economy is poised for improvement in the first quarter of 2026 following a slowdown in the latter half
REVEALED: Latest business liquidations in Monash  Herald Sun Read the original article here
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In a recent ruling, the National Company Law Appellate Tribunal (NCLAT), Principal Bench in New Delhi, dismissed an appeal filed
The Public Servants Association (PSA) is urging the National Student Financial Aid Scheme (NSFAS) to implement stricter financial controls to
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Byju’s Moves NCLAT to Block Aakash’s Rights Issue Amid Insolvency Turmoil  outlookbusiness.com Read the original article here
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Murray & Roberts Holdings has received a final liquidation order from the Gauteng High Court, marking the end of the road for the 123-year-old company.

In an update to shareholders, the group said that Theo van den Heever has been appointed as the provisional liquidator.

With the trading of the company’s shares on the JSE suspended since November 2024, shareholders will soon receive details on the proposed delisting ahead of the winding-up order. 

While this is the end for Murray & Roberts Holdings (MRH), it must be noted that its subsidiary, Murray & Roberts Limited (MRL), is unaffected and is proceeding with its business rescue.

MRH and MRL are separate…

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Speaking at the Thairath Forum 2025: The Next New Economy seminar on October 27, Ekniti said the government plans to use around 20 billion baht remaining from the Financial Institutions Development Fund to purchase non-performing loans (NPLs) from banks and non-bank lenders to help small borrowers.

The purchases will be carried out through Sukhumvit Asset Management (SAM), as setting up a new asset management company would take time. This initiative aims to restructure debt by extending payment periods and reducing both principal and interest rates based on borrowers’ repayment capacity.

The Finance Ministry will work with the National Credit Bureau (NCB) and banks to promote information-based lending to support household debt…

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Martine McCutcheon’s Heartbreaking Double Blow: Second Bankruptcy Hits Just Months After Marriage Split

The spotlight never dims for Martine McCutcheon, but lately, the 49-year-old EastEnders icon has faced shadows that few could have predicted. Just seven months after her emotional separation from husband Jack McManus, court records unsealed this week reveal McCutcheon was declared bankrupt on March 31, 2025.

This marks her second brush with financial ruin, a stark reminder that even stardom can’t shield against life’s relentless curveballs. As fans rally online today, her story unfolds with raw honesty, blending personal heartbreak and fiscal fallout in a way that hits close to home for anyone juggling bills and big dreams.

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The Thai economy is poised for improvement in the first quarter of 2026 following a slowdown in the latter half of 2025, according to Bank of Thailand Governor Vitai Ratanakorn.

Speaking at a business seminar on Tuesday, Vitai emphasized the urgent need to address the country’s persistent bad debt problem, with new support measures slated for completion within the next one to two weeks.

These initiatives are expected to assist around 2 million individuals, Vitai said. The Thai government has already announced plans to allocate THB 10 billion ($305.34 million) this month to purchase bad debt as part of a broader effort to shore up the sluggish economy.

Thailand continues to struggle with elevated household debt, one of the highest…

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REVEALED: Latest business liquidations in Monash  Herald Sun

Read the original article here

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In a recent ruling, the National Company Law Appellate Tribunal (NCLAT), Principal Bench in New Delhi, dismissed an appeal filed by Sarang Kumar Wadhawan, a shareholder of Privilege Power Infrastructure Limited (PPIL), and upheld the initiation of the Corporate Insolvency Resolution Process (CIRP) for a default of over Rs. 138 crore.

The appeal was against an NCLT order admitting a Section 7 application by Unity Small Finance Bank (formerly Punjab and Maharashtra Co-operative Bank). The debt originated from an overdraft facility availed by PPIL from 2007 to 2013, with the account being declared a Non-Performing Asset (NPA) in 2012.

3000 Illustrations, Case Studies & Examples for Ind-AS & IFRS, Click Here

Wadhawan,…

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The Public Servants Association (PSA) is urging the National Student Financial Aid Scheme (NSFAS) to implement stricter financial controls to curb the growing rate of students who use their allowances to gamble.

In a statement, the association noted that the practice is a danger to students and could lead to a debt crisis among tertiary students.

ALSO READ: Erratic payments from NSFAS blamed for growing online gambling problem amongst students

PSA has also highlighted that this behaviour undermines the purpose of the scheme and threatens the academic career of students.

Spokesperson Claude Naiker has called for oversight from NSFAS.

“The matter is exacerbated by the report by the Special Investigating Unit that over R2 billion in…

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Byju’s Moves NCLAT to Block Aakash’s Rights Issue Amid Insolvency Turmoil  outlookbusiness.com

Read the original article here

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Read the original article here