Getty Images A retail company trading as Forever Unique has gone into liquidation, an insolvency firm has said. Begbies Traynor said every option “had been explored but there was no other choice” but to liquidate Dress Me Online Limited. Forever Unique, founded by Seema Malhotra who appears on ITV’s The Real Housewives of Cheshire, was…
Poeldijk-based vertical farm Future Crops has been declared bankrupt. For this reason, all equipment belonging to the baby lettuce and herb producer will be auctioned through Troostwijk Auctions’ platform. The lots can be bid on from Wednesday, April 5, 2023, at 16:00. The auction closes on Wednesday, April 26, 2023, at 10:00. The Dutch-Israeli company…
Lighthouse International Group wound up by the High Court in the public interest. Lighthouse International Group Holdings Trading LLP has been wound-up in the public interest by the High Court following an Insolvency Service investigation. Lighthouse was incorporated in 2012, and purported to offer life coaching services as well as mentoring, career and business development…
Earlier this month, hundreds of residents stood outside Croydons Town Hall chanting, shouting and waving hastily designed banners. This was a community under enormous strain. Having been declared bankrupt last November for the third time in two years after struggling with high debts and poor investments, Croydon Council reluctantly voted to increase council tax by…
Falling at fences Activists from an animal rights group were secretly filmed apparently plotting to disrupt the Grand National, protesting in part at the number of horses killed at the event. Since 1839, 88 horses have died either during the race or were put down as a result of injuries. Four died in the past…
The number of company insolvencies increased by 70% year-on-year in the first three months of 2023, according to the latest figures from credit risk analyst CRIFVision-Net. Annual data for January, February and March suggest that inflationary pressures have added further concern for businesses, with a rise in insolvencies across ten counties. Sectors such as hospitality…
Australia’s antitrust regulator, the Australian Competition & Consumer Commission, has proposed granting the nation’s three major supermarket chains a year to resolve post-consumer soft plastic recycling. In November 2022, the ACCC granted conditional interim authorization to the Coles, Woolworths and Aldi chains to solve the problem after the only post-consumer collection company, REDcycle, initially suspended…
SINGAPORE – A Singaporean judge has been inducted as an international fellow at the American College of Bankruptcy (ACB), an association of global bankruptcy and insolvency experts that includes judges, academics, government officials and financial advisors. Justice Kannan Ramesh is the first Singaporean judge to be invited to join the association. The Singapore courts said…
Getty Images Talks to resolve a long-running row between Royal Mail and staff members over pay and conditions have collapsed. Royal Mail says it is “deeply concerned” discussions concluded without agreement and claimed it made “substantial efforts” to reach a deal. The Communication Workers Union said it was willing to continue negotiations. Royal Mail said…
Hyderabad: The National Company Law Tribunal (NCLT) at Hyderabad took note of the default by Sukesh Gupta and his company, MBS Impex Pvt Ltd, in repaying loan taken from ICICI. The bank entrusted task of recovery to Rare Asset Reconstruction Ltd. Its counsel Dishit Bhattacharji told TOI that the tribunal admitted its application against Gupta…