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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SF Judge to Feds: Stop Stalling on Student Debt Relief  Hoodline Read the original article here
The National Company Law Tribunal (NCLT) at Bengaluru has held that an Interim Resolution Professional may partially admit a financial
A billboard advertising a betting company in Maputo, Mozambique. November 10, 2025. [Photo: Thomson Reuters Foundation/Samuel Comé]What’s the context? An
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NCLAT Halts Bankruptcy Process for Embassy Developments Limited  scanx.trade Read the original article here
The National Company Law Tribunal (NCLT)at Mumbai has held, in a case concerning Kaved Realty Private Limited, that mutation of
A subsidiary of Dutch multinational paints and coatings giant AkzoNobel N.V. has entered liquidation. In a Gazette notice published under
307 Dutch firms bankrupt in November, 46 fewer than last year but 36% more than October | NL Times Skip
Former Lugari Member of Parliament Cyrus Jirongo died on December 13, 2025, following a fatal road accident along the Nairobi–Nakuru
Brittany Higgins is declared bankrupt after Linda Reynolds court saga  MSN Read the original article here
British beauty brand Mallows Beauty has entered into liquidation, reportedly owing £1.9m to 57 creditors. The brand, known for its

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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….

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SF Judge to Feds: Stop Stalling on Student Debt Relief  Hoodline

Read the original article here

The National Company Law Tribunal (NCLT) at Bengaluru has held that an Interim Resolution Professional may partially admit a financial creditor’s claim where insolvency is confined to a single real estate project, and is not bound to mechanically accept entity-level loan claims. A coram of Judicial Member Sunil Kumar Aggarwal and Technical Member Radhakrishna Sreepada, in an order dated…

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What’s the context?

An online betting boom in Mozambique turns dreams to debt and despair as calls mount for more regulation.


  • Internet access, poverty have fuelled online betting
  • About 25,000 people place an online bet every hour
  • Health activists call for more regulation

Sitting on the veranda of his home on the outskirts of Mozambique’s capital, João Vasco held a framed photo of his younger brother Pinto, who died by suicide this year after losing around $850 gambling.

“I helped him with school fees and everything I could,” João, 37, recalled, pausing to fight back tears.

Pinto, 21, was in…

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

NCLAT Halts Bankruptcy Process for Embassy Developments Limited  scanx.trade

Read the original article here

The National Company Law Tribunal (NCLT)at Mumbai has held, in a case concerning Kaved Realty Private Limited, that mutation of land records giving effect to a revenue order cannot be carried out after commencement of insolvency proceedings, as such action violates the moratorium under the Insolvency Code.

A bench of Judicial Member Sushil Mahadeorao Kochey and Technical Member Prabhat Kumar, while allowing an application filed by the Resolution Professional of Kaved Realty Private Limited, observed,

In this case CIRP commenced on 23.10.2024. The office of Respondent No.3 has made out mutation entries in the Land Revenue Records pursuant to order dated 14.10.2024 passed by Hon’ble Minister (Revenue), State of Maharashtra. The…

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A subsidiary of Dutch multinational paints and coatings giant AkzoNobel N.V. has entered liquidation.

In a Gazette notice published under the Insolvency Act, Harveen Gadhoke of Adili Associates LLP was appointed liquidator of Akzo Nobel Kenya Limited on December 2, 2025, following a shareholders’ resolution.

The appointment was formally gazetted on December 3, 2025. 

“NOTICE is given that Harveen Gadhoke, of Adili Associates LLP, ALN House, Eldama Ravine Close, off Eldama Ravine Road, Westlands, Nairobi and PO Box 764-00606, Nairobi was appointed as the Liquidator of Akzo Nobel Kenya Limited, company number PVT/2016/026624, pursuant to the resolution of the shareholders made on the 2nd Day of December 2025 in accordance…

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307 Dutch firms bankrupt in November, 46 fewer than last year but 36% more than October | NL Times






























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Former Lugari Member of Parliament Cyrus Jirongo died on December 13, 2025, following a fatal road accident along the Nairobi–Nakuru highway. The once-powerful businessman was driving his Mercedes-Benz car when he collided head-on with a bus. He was 64.

Jirongo ranked among Kenya’s most influential political operatives and businessmen at his peak in the early 1990s, rising rapidly during the KANU era as chairman of Youth for KANU 1992 (YK-92).

Beyond politics, his name also became synonymous with large-scale real estate developments, high-value land holdings, and some of the most protracted property disputes in Kenya.

Jirongo’s property empire and legal battles

The politician’s wealth and political access, however,…

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Brittany Higgins is declared bankrupt after Linda Reynolds court saga  MSN

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British beauty brand Mallows Beauty has entered into liquidation, reportedly owing £1.9m to 57 creditors.

The brand, known for its range of vegan skin and body care products, filed for liquidation on 27 November 2025, with Bethan Evans and John Cullen of Menzies LLP appointed as joining liquidators on 5 December.


Mallows Beauty was founded in spring 2020 by Laura Mallows and rapidly grew on social media, landing UK retail partnerships with Superdrug, Beauty Bay, Oliver Bonas and more.


At its peak, the brand achieved annual revenue of more than £5m, and received a six-figure equity investment from the Development Bank of Wales in 2024 – the third investment in the brand from the…

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