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.
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser
REVEALED: Latest business liquidations in Whitehorse  Herald Sun Read the original article here
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization.
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization.
SAPF Estates Private Limited (the “Corporate Debtor”) was admitted into CIRP under Section 7 of the Insolvency and Bankruptcy Code
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization.
The National Company Law Tribunal (NCLT) approved the resolution plan under Section 30(6) of the Insolvency and Bankruptcy Code after
Joanna Seawright, 54, who lives in Dumfries, and Karen Mortimer, 67, who now lives in Tenerife, were instrumental in a
The sisters helped the owners of struggling firms walk away from debts they’d built up without having to face the
By OLIVIA DAY, ASSISTANT NEWS EDITOR, AUSTRALIA Published: 10:23 AEDT, 24 October 2025 | Updated: 11:11 AEDT, 24 October 2025
The UN's trade and development flagship meeting wrapped up Thursday evening after ringing alarm bells over debt eroding development gains.

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” (This will use…

Read the original article here

REVEALED: Latest business liquidations in Whitehorse  Herald Sun

Read the original article here

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” (This will use…

Read the original article here

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

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….

Read the original article here

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

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….

Read the original article here

SAPF Estates Private Limited (the “Corporate Debtor”) was admitted into CIRP under Section 7 of the Insolvency and Bankruptcy Code (IBC) on 28.08.2024. Mr. Vijay P. Lulla was appointed as the Interim Resolution Professional (IRP). In compliance with statutory requirements, the IRP issued a public notice on 02.09.2024 inviting claims from creditors, receiving only a single claim from M/s Invent Assets Securitization and Reconstruction Private Limited, the financial creditor.

Following this, the IRP constituted the Committee of Creditors (CoC), which unanimously appointed Mr. Lulla as the Resolution Professional (RP) during its first meeting on 30.09.2024. While certain key documents were handed over by the erstwhile…

Read the original article here

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

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….

Read the original article here

The National Company Law Tribunal (NCLT) approved the resolution plan under Section 30(6) of the Insolvency and Bankruptcy Code after the National Company Law Appellate Tribunal (NCLAT) upheld its compliance with the requirements of Section 30(2), including fair asset valuation and equitable treatment of creditors.

An application was filed by Mr. Jalesh Kumar Grover, Resolution Professional (RP) of Trishul Dream Homes Limited, under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC) read with Rule 11 of the NCLT Rules, 2016 and the CIRP Regulations, seeking approval of the resolution plan submitted by Vashisth Builders and Engineers Limited and Vashisth Estates Limited (SRA), along with an addendum.

The …

Read the original article here

Joanna Seawright, 54, who lives in Dumfries, and Karen Mortimer, 67, who now lives in Tenerife, were instrumental in a scheme allowing struggling firms to wind up without facing massive liabilities.

Two sisters have been named as “key” players in an insolvency avoidance scheme which left creditors £67million in debt.

Joanna Seawright, 54, who lives in Dumfries, and Karen Mortimer, 67, who now lives in Tenerife, were instrumental in a scheme offering “company rescue services”, allowing struggling firms to wind up without facing massive liabilities.

The pair have now been banned from acting as directors for seven years each over their parts in the plot -…

Read the original article here

The sisters helped the owners of struggling firms walk away from debts they’d built up without having to face the music.

Scheme a scam affecting us all

It’s right that Joanna Seawright and Karen Mortimer have been banned from acting as company directors.

The sisters helped the owners of struggling firms walk away from debts they’d built up without having to face the music.

The pair helped business owners abandon £67million in debts – while hanging on to tens of millions in valuable company assets and brands.

That’s not how insolvency is supposed to work.

Truth is, an unhappy fact of life is that businesses can get into trouble and go bust.

That’s why it’s important companies are wound up…

Read the original article here

An Australian family-owned food business has collapsed into administration with $3.8million in debts, leaving dozens of employees in the lurch. 

Spring Gully Foods, a fourth-generation food manufacturer based in South Australia, is known for its range of pickled onions, gherkins, relishes, chutneys and jams. 

The company’s recent collapse marks the second time it has entered administration, this time with around 1,000 creditors. 

It’s 34 employees now face an uncertain future. 

The owners of Spring Gully Foods,…

Read the original article here

The UN’s trade and development flagship meeting wrapped up Thursday evening after ringing alarm bells over debt eroding development gains. The highlight: a new hub to tackle the crisis and pave the way for reform – but can it really get creditors to the table?

Debt is crushing the developing world. Over 3.4 billion people live in countries spending more on debt interests than on education or health. Meanwhile, the multilateral system meant to help them is fraying under geopolitical rifts and financial strain. This alarm rang throughout the UN Trade and Development Conference’s quadrennial gathering in Geneva this week.

“If you look at the capital markets and bond markets…things look…

Read the original article here