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.
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Hong Kong branch of Singaporean 1880 club in liquidation with HK$20 million in debts
The Hong Kong branch of a Singapore-based private club that closed after less than a year in business is undergoing
NCLAT extends stay on insolvency proceedings against Hi-Tech Gears, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) has extended the interim stay on the Corporate Insolvency Resolution Process (CIRP) against
IBBI notifies amendments to streamline corporate insolvency process – MSN
IBBI notifies amendments to streamline corporate insolvency process  MSN Read the original article here
RSM expands insolvency services amid elevated bankruptcy rates
RSM Australia has announced an expansion of its business restructuring and recovery services as insolvency rates remain higher than usual.
Builder.ai Faked Business With Indian Firm VerSe to Inflate Sales, Sources Say – Bloomberg.com
Builder.ai Faked Business With Indian Firm VerSe to Inflate Sales, Sources Say  Bloomberg.com Read the original article here
NCLT Notices To BluSmart, Gensol On Fresh Insolvency Petitions
SUMMARY NCLT has issued notices to BluSmart and EPC company Gensol Engineering on insolvency petitions by creditors Spectrum Trimpex Pvt.
Greif Nigeria Nears Final Stage Of Voluntary Liquidation
Greif Nigeria Plc, one of Nigeria’s longstanding industrial companies, is in the final stages of its members’ voluntary winding-up process,
5,272 youth declared bankrupt since 2020
Youth and sports minister Hannah Yeoh said the main cause of bankruptcy among the youth in 2024 was personal loans.
Meyer Burger’s German subsidiaries file for insolvency – pv magazine Australia
Meyer Burger’s German subsidiaries file for insolvency  pv magazine Australia Read the original article here
Bankrupt council faces multi-million-pound fraud probe
SFO launches probe into alleged fraud at bankrupted Council The Serious Fraud Office (SFO) has launched an investigation into an
My husband put us in $1m worth of debt & lied about it – I’m on the hook for half...
A WOMAN has been left desperate for a way out of a million-dollar financial hole.The worst part is that she
Key information relating to payment of liquidation dividend and information about the liquidation balance sheet — TradingView News
Reference is made to the extraordinary general meeting in Philly Shipyard ASA(under liquidation) (the "Company") on 19 February 2025 where