With the rise of online shopping and the e-commerce industry, it is no surprise that a number of high street stores, such as HMV and House of Fraser, have faced difficulties in recent times. Due to the ever-growing uncertainty of the market, more and more companies are becoming insolvent. But what does it mean if…
Treasurer Jackie Trad has told Queenslanders theyll have to swallow rising debt if they want more jobs and better hospitals. Ms Trad delivered her second budget on Tuesday, announcing a surplus for 2019/20 but with a sting: mounting state debt. Its a $7.3 billion debt increase Queenslanders have to accept. But Ms Trad says the…
Dear Sir/Madam This is to inform you that the Honourable National Company Law Tribunal (NCLT), Hyderabad Bench has passed the order on 03/06/2019 (uploaded on website on 08/06/2019) admitting the petition CP(IB) No.679/7HDB/2018 under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by the Financial Creditor IDBI Bank Limited and initiating the Corporate…
ASX-listed CommsChoice Group is planning to restructure its business, which will see its offshore call centre downsized with key functions moving back to Australia and about eight staff made redundant as it aims to remove non-core costs from operations and sales areas in Australia. The company also plans to pump more resources into its key…
KEMMERER, Wyo. (AP) – A federal judge has approved the sale of a Wyoming coal mine following the owners bankruptcy. The Casper Star-Tribune reports that a judge in Houston, Texas, approved the sale of the mine in Kemmer… Read the full article at: https://www.washingtontimes.com/news/2019/jun/10/federal-judge-approves-sale-of-bankrupt-wyoming-co/