Mathew Gashi – Maddocks
Mathew Gashi Maddocks Read the original article here
Real world: ‘Jim, we’re in bad nick’ as insolvencies rise – The Australian
Real world: ‘Jim, we’re in bad nick’ as insolvencies rise The Australian Read the original article here
Insolvency data hides the true picture of business closures amid the cost-of-living crisis
In short: More small businesses are choosing to close because of falling profits during the cost-of-living crisis but their numbers aren’t included in insolvency figures What’s next? The federal government and Reserve Bank have been asked to consider small operators as they continue to fight inflation Jessica Bailey has a strong record of conquering challenges in the…
NCLT Orders Liquidation Of Tulip Hotels Under Insolvency And Bankruptcy Code After Failed Resolution Process
The National Company Law Tribunal (NCLT), has ordered the liquidation of M/s Tulip Hotels Private Limited under the Insolvency and Bankruptcy Code (IBC), 2016. The decision comes after the failure of the Corporate Insolvency Resolution Process (CIRP) to yield a resolution plan within the prescribed timeline. The CIRP for Tulip Hotels began on May 16,…