Insolvency Guardian Media Centre

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Homebuyers’ maintenance societies RWAs can’t intervene in insolvency process of developer firm SC- The Week
New Delhi, Jan 15 (PTI) The Supreme Court on Thursday ruled that homebuyers' societies or Resident Welfare Associations (RWAs) ordinarily
DUG Foodtech Declared Bankrupt, Assets Now Open for Acquisition – vegconomist
DUG Foodtech AB, formerly known as Veg of Lund, has entered bankruptcy following a ruling by the Lund District Court
Sam Altman’s OpenAI could go bankrupt in the next 18 months
As OpenAI continues its meteoric rise — boasting billions in revenue from ChatGPT and API usage while dominating headlines —
Bowie Construction creditors face losses as £1.7m recovery ‘not anticipated’
Investigations into the company’s financial records have been delayed, though an update for creditors is expected in the next review
How to Focus on Debt Management for Your Financial Health
One of the smartest moves to make for your financial health in 2026 is to concentrate on debt management and
CIRP Admission Mandatory on Default; Housing Societies Lack Locus to Intervene in Section 7 Proceedings: Supreme Court
The Supreme Court of India has upheld the initiation of the Corporate Insolvency Resolution Process (CIRP) against a real estate
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Tour company goes into liquidation and cancels trips, no refunds – thestreet.com
Tour company goes into liquidation and cancels trips, no refunds  thestreet.com Read the original article here
NCLT Dismisses Restoration Application [Read Order]
The National Company Law Tribunal (NCLT), Kolkata Bench, dismissed a restoration application filed by the applicant, holding that a delay
English High Court supports creditors' choice in payment institution collapse – Taylor Wessing
English High Court supports creditors' choice in payment institution collapse  Taylor Wessing Read the original article here
UK Supreme Court rules on dishonest asset transfers during liquidation – Taylor Wessing
UK Supreme Court rules on dishonest asset transfers during liquidation  Taylor Wessing Read the original article here
Saks acquisition of Neiman Marcus led to bankruptcy
For more than a decade, the former executive chairman of Saks Global dreamed of adding Neiman Marcus to his collection