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After nearly three decades of operational turbulence and financial distress, the long-grounded Dove Airlines Private Limited has officially initiated a voluntary liquidation process, marking the final chapter for the former charter carrier. The announcement, made on Monday, January 5, 2026, signals a transition from the legal purgatory of insolvency to a definitive winding down of the company.
A tale of two entities
The current liquidation involves the West Bengal-registered entity, Dove Airlines Private Limited (CIN: U35301WB2006PTC107699). Incorporated in February 2006 and based at Shakespeare Sarani, Kolkata, this entity was historically a joint venture involving Usha Martin, which divested its 50% stake in 2015 to…
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Bankruptcies back with a vengeance The Australian
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The National Company Law Tribunal (NCLT), Allahabad Bench, has approved a ₹420.86 crore resolution plan for the embattled real estate firm Supertech ORB Project Private Limited, bringing hope for completion of delayed housing projects and repayment to creditors. The plan, submitted by Brickboss Infra Private Limited, a subsidiary of Ametek Buildtech India Private Limited, was approved by the Tribunal on Tuesday, marking a significant step in the corporate insolvency resolution process (CIRP) initiated over two years ago.
The Corporate Debtor, Supertech ORB, was pushed into insolvency in October 2023 on an application filed by Assets Care and Reconstruction Enterprises Limited (ACRE), acting as trustee for India Real…
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Christopher Steele was behind Kitchen 77, which operated venues including the Drunken Coo steakhouse, Arthur Street Kitchen and Stage Door Cafe in Ayr, as well as the Hollybush Inn.
He was handed a six-year ban on directing a company back in 2022 after failing to disclose where money went after a previous business went bust.
The 45-year-old has now been issued with a second, 11-year ban until 2036 for running a company despite the earlier decision.
Steele was disqualified for “misconduct while director at STL Kitchens Ltd”, with that firm going into liquidation in December 2021 with liabilities of £44,000 and no assets.
He did not dispute with the Insolvency Service that he “failed to deliver up adequate…
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“I can’t afford my payments.”
“I got student-loan forgiveness!”
“I’m working toward Public Service Loan Forgiveness.”
In one month, over 400 student-loan borrowers shared their experiences of repayment and relief with me in a brief survey.
Each story was unique and touched on a range of themes, which will feed more in-depth stories on respondents’ experiences throughout the year.
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The beginning of a new year can wipe the slate clean for new life and work goals. But if your holidays were hectic, you might not be starting at zero when it comes to your sleep. Missing out on even small chunks of sleep for a few nights can snowball into sleep debt that you could be lugging into 2026. While you probably can’t snooze enough to eliminate that deficit, you can take steps to support the parts of your body that bear the biggest burden.
Some of the consequences of owing your body sleep are readily apparent, like feeling drowsy, irritable or brain-foggy or catching seemingly every virus. But other effects can be less noticeable. For instance, the impact on your cardiovascular system, which builds with time. “Sleep debt…
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Australia’s unfair preference laws: What lies ahead for liquidators in a period of legislative reform and dynamic change in the courts? Norton Rose Fulbright
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Ken Tyrrell has been scratching his head.
A restructuring and insolvency specialist with the accountancy firm PwC, he has maintained a running tracker of corporate insolvencies in recent years.
Along with his team, he has produced quarterly reports on how many companies are going out of business and what sectors of the economy are struggling most.
Last year, he felt that the insolvency numbers should have gone up. After all, the economy was dealing with inflation, rising interest rates, tariffs and heightened geopolitical uncertainty.
Yet, the number of insolvencies flatlined.
“Any one of those four things should have led to an increase in insolvencies. But the numbers were…
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Melbourne building collapses into voluntary administration – leaving projects in the lurch MSN