Nathan and Felicity Cowan announced on social media that Billson’s would continue. Photo: Facebook. Beechworth’s iconic drinks brand Billson’s Beverages Pty Ltd looks set to avoid liquidation after creditors voted to keep the battling brewery alive. “After an uncertain year, we are thrilled to share that we have made significant progress in securing the future…
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The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty imposed on lenders of Mudra Denim for delays in the insolvency process, stating there was no laxity on their part. The NCLAT bench found that sufficient reasons existed for the delayed application and deemed the lenders… New Delhi, Jan 26 (PTI) The National…
Previously, we shared the latest statistics from the Malaysia Department of Insolvency (MdI), which revealed that a whopping 31,387 individuals in our country have been declared bankrupt since 2020, a majority of which (49.11%) were due to personal loans. Now, MdI director-general Datuk M Bakri Abd Majid revealed that among those who are insolvent are…
Energy markets are highly regulated, so as an energy supplier we get charged certain costs for every single customer we have; even if they don’t use any energy. These costs are passed on to customers via standing charges. Costs have increased to cover expanding environmental and social schemes like Warm Home Discount – which will…
NCLT Dismisses Actor Akshay Kumar’s Insolvency Petition u/s 9 of IBC Against Ed-Tech Company taxscan.in Read the original article here
Audrey and Eddie Buckham worked hard and saved all their lives. They were still both working in 2020, Audrey as an administrator for the NHS and Eddie as a dispatch driver, when Eddie started to lose weight. He underwent medical investigation and for months doctors couldn’t establish what was wrong. Then, in October 2020, Eddie…
{{ registerForm.errors.get(‘form’) }} We had trouble validating your card. It’s possible your card provider is preventing us from charging the card. Please contact your card provider or customer support. Credit Card {{ cardForm.errors.get(‘card’) }} … Read the original article here
German air taxi manufacturer Volocopter on Monday said it had filed for bankruptcy at the Karlsruhe District Court, days after one of its close competitors was saved from collapse. However, the company said it was still seeking investors and planned to press ahead with its plan to enter the commercial air taxi market. Why is…