Company insolvencies in England and Wales drop 17% in March – Yahoo Finance UK

LONDON (Reuters) – Company insolvencies in England and Wales fell sharply in March and recorded their lowest calendar-quarter total since the third quarter of 2022, official figures showed on Friday. The Insolvency Service, a government agency, said 1,815 companies were declared insolvent in March on a seasonally adjusted basis, down from 2,177 in February and…

Katie Price is facing threat of arrest for dodging High Court hearing where she was due to give evidence after – Daily Mail

By Richard Percival Published: 20:30 AEST, 26 April 2024 | Updated: 20:54 AEST, 26 April 2024 Katie Price is the threat of arrest by police after failing to attend a court hearing over her bankruptcy. The former glamour model, 45, has been declared bankrupt for a second time aft… Read the full article at: https://www.dailymail.co.uk/news/article-13353615/katie-price-faces-arrest-threat-dodging-high-court-hearing-bankruptcy.html

Mint Explainer: What the Subhash Chandra case means for personal guarantors | Mint – Mint

This is one of the most high-profile insolvency cases since the Supreme Court judgement on personal guarantors under the Insolvency and Bankruptcy Code (IBC) in November 2023. It has implications for Reliance ADA Group chairman Anil Ambani, Videocon chairman Venugopal Dhoot, and Bhushan Power and Steel promoter Sanjay Singal, who also face personal-insolvency proceedings. Mint…

NCLT admits insolvency plea against two Essel Group companies on Indiabulls Housing plea – The Economic Times

The bankruptcy court on Thursday admitted two Essel Group entities Primcomm Media Distribution Ventures Ltd and Essel Homes Pvt Ltd under the Corporate Insolvency Resolution Process (CIRP) after Gnex Realtech Pvt Ltd, an affiliate entity, defaulted on its dues of Rs 260 crore where these companies provided corporate guarantee.Empower Your Corporate Journey with Strategic Skill…

Boris Becker discharged from bankruptcy: lawyer – Yahoo Sport – Yahoo Eurosport UK

Former tennis player turned coach Boris Becker has been released from bankruptcy, his lawyer said on Thursday. (Dimitar DILKOFF) Former German tennis star Boris Becker has been discharged from bankruptcy by a London court following a deal with his debtors, the 56-year-old’s German lawyer said Thursday. “As a result of an agreement with his insolvency…