Insolvency Guardian Media Centre
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Future Supply Chain Solutions Ltd. ( (IN:FSC) ) has provided an announcement.
Future Supply Chain Solutions Limited is undergoing a Corporate Insolvency Resolution Process as per the Insolvency and Bankruptcy Code, 2016. The National Company Law Tribunal, Mumbai Bench, is overseeing the proceedings. The resolution plan submitted by Reliance Retail Ventures Limited has been approved by the Committee of Creditors and is awaiting final approval. This development signifies a critical step in resolving the financial distress of Future Supply Chain…
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Kickstart: Pulling the plug on a battery plant Plastics News
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A bankrupt builder who persuaded a customer to pay him more than £30,000 for home improvements he never completed has been sentenced.
Wayne Miller deliberately concealed his status as a bankrupt from his victim and abandoned the building project in Canterbury when it was nowhere near finished.
He also promised to repay the customer for the unfinished work and goods but no payments were ever made.
Miller was sentenced to six months in prison, suspended for 12 months, when he appeared at Southwark Crown Court on Wednesday 15 October.
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Reliance Communications Schedules 66th Creditors Meeting Amid Insolvency Proceedings The Globe and Mail
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COLOMBO (News 1st); The Government of Sri Lanka and the Government of Australia have signed bilateral agreements on external debt restructuring,.
The agreements, signed on October 27, 2025, at the Ministry of Finance, follow the Memorandum of Understanding (MoU) reached with the Official Creditor Committee (OCC) and underscore Sri Lanka’s commitment to concluding the restructuring process in a timely manner.
Through constructive bilateral discussions, the Government of Australia has agreed to extend debt relief to Sri Lanka by rescheduling outstanding debt obligations.
The total debt restructured under these agreements is estimated at approximately USD 39 million.
The signing ceremony featured Dr. Harshana Suriyapperuma, Secretary to the…
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Firm
Appointee/Solicitor
Role
Company Name
Published Date
Merchants Advisory
Louisa Sijabat
liquidator
Vitruvian Investments Pty Ltd
27/10/2025
BRI Ferrier
Clint Peter Joseph
liquidator
Instinct Energy Limited
27/10/2025
Nexia
Vincent Michael Debono
liquidator
Tolvin Pty Ltd
27/10/2025
McGrathNicol
Robert Michael Kirman
liquidator
Eden Partners Pty Ltd
27/10/2025
Worrells
Mervyn Jonathan Kitay
liquidator
Spinifex Ale House North Beach Pty Ltd
24/10/2025
PCI Partners
Stephen John Michell
liquidator
Akasa WA Pty Ltd
24/10/2025
RSM
Travis Kukura
liquidator
Practical Products Pty Ltd fta Caterall Group
23/10/2025
RSM
Travis Kukura
liquidator
Rebeus Lilium Pty Ltd fta Caterall and Cold Store Solutions
23/10/2025
HLB Mann Judd
Gregory Paul Quin
liquidator
Hiddlestone Bros. Pty Ltd
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Schemes where the property owner has no real or practical ability to exercise rights to possession and which misuse insolvency legislation are ineffective to avoid liability for non-domestic rates.
The High Court has considered this in two cases Wigan Council and Trafford Council v Property Alliance Group Limited [2025] EWHC 2336 (Ch).
The councils were billing authorities with responsibility for recovering non-domestic rates (NDR) within their statutory areas. The defendant, PAG, was a property investment and development company. The claims were two of 37 cases proceeding in the High Court in Liverpool the remainder of which were stayed pending their determination.
PAG incorporated/procured the incorporation of a special purpose…
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Karnataka HC Orders Payment Of Back Wages Despite Employer’s Insolvency BW People
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Coherent Market Insights’ most recent research study, “Global Debt Consolidation Market Size, Share, Pricing, Trends, Growth, Opportunities and Forecast 2025-2032,” provides a thorough overview of the market for Debt Consolidation Market on a global scale. The research contains future sales projections, consumer demand, regional analyses, and other crucial data about the target market, as well as the numerous motivators, inhibitors, opportunities, and dangers. In addition to future strategies, acquisitions, and mergers, the research provides information on the major important companies participating in the market, supply chain trends, their financials, significant…
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- The festival, which hosted its most recent edition in 2023, was established in 2006.
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The company behind Hertfordshire festival Standon Calling has entered liquidation, spelling the end for the annual two-day event after nearly 20 years.
In an online statement shared last week, organisers confirmed that the most recent edition of Standon Calling, held in 2023, “will now prove to have been the last.” The post noted “significant financial losses” incurred in 2022 and 2023. Last year, some vendors and performers who had worked the 2023 edition alleged the festival did not pay them for their labor.
“For the last 18 months we have engaged with a…