Plant-based food manufacturer Sustainable Foods now in liquidation – Waikato Times
Plant-based food manufacturer Sustainable Foods now in liquidation Waikato Times Read the original article here
Bankrupt Birmingham City Council ‘lacks capability’ to improve
BBC Birmingham City Council signed off budget saving plans in March including a 21% rise in council tax over two years A beleaguered council lacks the capability to resolve its problems without outside help, according to the commissioners in charge of overseeing its recovery. Birmingham City Council effectively declared itself bankrupt in September last year…
‘Big shock’: SolarZero CEO speaks out on liquidation – Stuff
‘Big shock’: SolarZero CEO speaks out on liquidation Stuff Read the original article here
Dr Michelle Dickinson’s Nanogirl Labs in liquidation
Global education design company Nanogirl Labs, founded by Kiwi couple Michelle Dickinson and Joe Davis, has gone into liquidation. Nanogirl Labs was placed into liquidation as funding for science education dried up, BusinessDesk reported. “Michelle and I and the amazing people who’ve worked with us over the last eight years have poured our heart and…
NCLAT Dismisses Petition for Insolvency Proceedings Against Amazon Wholesale (India)
New Delhi, Nov 27 (KNN) In a pivotal decision, the National Company Law Appellate Tribunal (NCLAT) Delhi has dismissed the petition seeking to initiate insolvency proceedings against Amazon Wholesale (India). The appellate tribunal upheld the earlier ruling by the National Company Law Tribunal (NCLT), which in March 2023 had rejected the insolvency plea filed by Multiplier…
SolarZero hits a big BlackRock – BusinessDesk
SolarZero hits a big BlackRock BusinessDesk Read the original article here
Raheja Developers appeals against insolvency ruling amidst delivery defaults in Gurugram project
Raheja Developers filed an appeal with the National Company Law Appellate Tribunal (NCLAT) to contest the initiation of insolvency proceedings against the company due to defaults related to the non-delivery of its Shilas project in Gurugram. This follows the Principal Bench of the National Company Law Tribunal (NCLT) admitting a petition from over 40 flat…
Payment pain on display as more businesses ask ASBFEO for help
Pleas for assistance with business insolvency matters have jumped 50%, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) says, showing the extent and severity of the cash flow crunch. The ombudsman received 6,254 requests for help over the 2023-2024 financial year, a 10% increase from the year prior, according to a summary of its…
NCLT appoints Satish Kumar Gupta as liquidator, ET LegalWorld
Highlights Satish Kumar Gupta has been appointed as the liquidator of Jet Airways India Limited. The NCLT has lifted the moratorium imposed on Jet Airways. The NCLT has ordered the liquidation of Jet Airways, following a plea by the Jet Airways Cabin Crew Association. The National Company Law Tribunal, Mumbai has appointed Satish Kumar Gupta…
Brighton I360 Files For Insolvency Amid £51 Million Debt
A seaside attraction which owes £51 million to the council appears to be facing imminent closure as it files for insolvency. Brighton i360 Ltd, the company behind the iconic observation tower, has notified administrators, citing mounting operational costs, uncooperative weather during peak tourism seasons, and the pervasive cost-of-living crisis as the main culprits behind this…