The National Company Law Tribunal (NCLT) has approved Sarda Energy and Mining’s (SEML) resolution plan for SKS Power Generation (Chhattisgarh), as part of the corporate insolvency resolution process under the Insolvency and Bankruptcy Code (IBC), 2016. A formal order detailing the approval is still pending. The bench, comprising justices Anu Jagmohan Singh and Kishore Vemulapalli,…
Rex Airlines enters voluntary administration The Armidale Express Read the original article here
Government guarantees Rex Airlines bookings amid voluntary administration 89cdb414ea17445c158adb652d4d78b4 … Read the original article here
Lutum, the national roofing tiles and masonry products supplier spun out of ASX-listed Boral in 2021, went into voluntary administration on Tuesday with outstanding debts of $20 million. EY administrator Morgan Kelly, appointed with colleagues Martie Tziotis, Stewart McCallum and David Kennedy, said they were working with Lutum’s existing management to keep the business going…
The Australian fashion label Dion Lee has called in the administrators in a major blow to the eponymous brand that has dressed celebrities such as Taylor Swift, Dua Lipa, the Duchess of Sussex and Troye Sivan. The move came after the Australian retail chain Cue announced it had withdrawn its investment in the designer apparel.…
The manufacturer of MEET plant-based protein products is continuing to trade, after administrators from KPMG were appointed to the company last week. Established in 2008, Proform Foods has been producing alternative protein products well before other startups like cultured meat startup Vow entered the market. On May 22, Gayle Dickerson and James Dampney from KPMG…
Video: Victoria’s Billson’s Brewery enters voluntary administration. Victoria’s Billson’s Brewery enters voluntary administration. We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Dismiss Skip to sections navigationSkip to contentSkip to footer Victoria’s Billson’s Brewery has entered voluntary administration after 150 years in business. July 31, 2024 — 7.30pm…
Twenty Carl’s Jr restaurants have been immediately shut down as administrators assess the books. (Source: Facebook/On Point Digital Solutions) Hundreds of Aussie jobs are now in limbo after US burger chain Carl’s Jr was plunged into voluntary administration. The first restaurant opened its doors on the New South Wales Central Coast back in 2016 and…
Cook Government leaves shires in lurch with Rex debt Kalgoorlie Miner Read the original article here
CNN — Rudy Giuliani filed for bankruptcy in federal court in New York on Thursday, just days after a jury ordered him to pay nearly $150 million to two former Georgia election workers for defamation. According to the filing, Giuliani listed debts between $100 million and $500 million, and assets worth up to $10 million.…