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Daily Archives: July 28, 2023

England and Wales report highest number of company insolvencies … – Reuters

BankruptcyBy Insolvency Advisory AccountantsJuly 28, 2023

LONDON, July 28 (Reuters) – England and Wales saw the highest number of company insolvencies since 2009 during the second quarter of this year, government figures showed on Friday. On a seasonally adjusted basis, 6,342 companies were registered as insolvent in the three months to the end of June, 13% more than a year earlier…

Cafe Coffee Day Has Already Filed For Bankruptcy Process … – Trak.in

LiquidationBy Insolvency Advisory AccountantsJuly 28, 2023

According to a recent media report, Cafe Day Global, the main operator of the popular cafe chain Cafe Coffee Day, has entered into bankruptcy proceedings. The development occurred after IndusInd Bank filed a plea with the National Company Law Tribunal (NCLT). The Bengaluru chapter of NCLT has admitted Cafe Day Global for the corporate insolvency…

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