Insolvency Guardian Media Centre

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NCLAT rejects Glas Trust’s plea opposing Aakash’s EGM
The National Company Law Appellate Tribunal (NCLAT) on Tuesday rejected a plea by US-based Glas Trust challenging Aakash Educational Services
Stronghold creditors owed at least £1.28mn
Creditors of collapsed trade finance firm Stronghold Global Finance (UK) Limited are owed at least £1.28mn and may not receive
Bruno Mars Jokes About His Rumored $50 Million Gambling Debt While Celebrating A Major Spotify Streaming Record – MSN
Bruno Mars Jokes About His Rumored $50 Million Gambling Debt While Celebrating A Major Spotify Streaming Record  MSN Read the original
Turbulence at battery system manufacturer BMZ: German subsidiaries insolvent
The BMZ Group is primarily known for producing lithium-ion battery packs. Customers include Daimler Buses, which sources new battery packs
Bankrupt Woking Council given £500m debt relief
The government has confirmed its intention to provide an initial tranche of debt relief totalling £500m in 2026/27 to support
Government announces significant debt relief for Woking – Woking Borough Council
Government announces significant debt relief for Woking  Woking Borough Council Read the original article here
AASCU Report Finds Strong Alumni Satisfaction but Highlights Gaps in Career Support and Student Debt
A new report from the American Association of State Colleges and Universities reveals that while a strong majority of alumni
Sugar crash: US candy retailer CandyWarehouse.com goes bankrupt weeks before Halloween | Business
Major US candy company CandyWarehouse.com, based in Sugar Land, Texas, has filed for Chapter 11 bankruptcy protection just one week
Government confirms new East and West councils for Surrey
Government has confirmed plans for local government reorganisation in Surrey, announcing that two new unitary councils will replace the existing
NCLAT Greenlights Aakash’s Rights Issue Amidst Byju’s Insolvency Dispute
The National Company Law Appellate Tribunal (NCLAT) has paved the way for Aakash Educational Services Ltd (AESL) to conduct
Final order granted for liquidation of Murray & Roberts Holdings – Engineering News
Final order granted for liquidation of Murray & Roberts Holdings  Engineering News Read the original article here
NPO owing over £1.6m enters temporary administration to safeguard creditors’ interests
The leader of Arts at the Mill, which operated The Old Courts venue in Wigan, has said entering a temporary