Companies behind Juicy Fest, Timeless Summer Tour in liquidation – Stuff
Companies behind Juicy Fest, Timeless Summer Tour in liquidation Stuff Read the original article here
Wisconsin BBB scam alert; fake ‘going out of business’ sale
article MILWAUKEE – Wisconsin Better Business Bureau (BBB) says with the news that retailer JOANN Fabrics declared bankruptcy and announced the closure of all physical store locations, scammers are wasting no time setting up fake going out of business and liquidation websites. How the scam works What we know: A news release from BBB says you see…
ATS Infrabuild to undergo insolvency process for Rs 5-crore default
The National Company Law Tribunal (NCLT), New Delhi Bench, has admitted an insolvency petition filed by IDBI Trusteeship Services Private Limited against ATS Infrabuild Private Limited for a default of Rs. 5 crore. The petition was filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. Background of the Case IDBI Trusteeship, acting…
Timeless Summer Tour cancelled as promoter goes into liquidation
The festival promoter behind Juicy Fest has entered liquidation with ticketholders to the postponed Timeless Summer Tour being told the event has been cancelled. Juicy Festival Limited, Timeless Events New Zealand and Timeless Events Australia Limited were placed into liquidation at 5pm today. Blacklock Rose’s Ben Francis and Garry Whimp have been appointed as liquidators.…
JSW Energy Acquires 3,600 MW KSK Mahanadi Power Company for INR 16,084 Cr – Asia Pacific
JSW Energy Ltd. has completed the acquisition of KSK Mahanadi Power Company Ltd. (KMPCL) pursuant to the Resolution Plan submitted by the company under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code, 2016. The Resolution Plan has now been implemented, and consequently, KMPCL has become a subsidiary of the company. As per…
JSW Energy Acquires 3,600 MW KSK Mahanadi Power Company for INR 16,084 Cr – Asia Pacific
JSW Energy Ltd. has completed the acquisition of KSK Mahanadi Power Company Ltd. (KMPCL) pursuant to the Resolution Plan submitted by the company under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code, 2016. The Resolution Plan has now been implemented, and consequently, KMPCL has become a subsidiary of the company. As per…
Whyalla steelworks bleeding $1.5m a day
Whyalla steelworks was losing $1.5 million a day before being put into voluntary administration and owes creditors $1.34 billion, including $570 million to entities owned by British industrialist Sanjeev Gupta, which administrators have flagged as a disputed claim. The steelworks in South Australia was plunged into voluntary administration two weeks ago owing employee entitlements of…
Next steps for Brindabella: administrators to comb through books, new board may be price of government support
The Brindabella Christian College administration could be a drawn-out process, but it offered the best opportunity to put the school back on its feet. Photo: Michelle Kroll Brindabella Christian College parents, staff and students face an anxious wait over the next month before the school’s financial situation becomes clearer but the Deloitte administrators goal will…
A looming threat could bankrupt California counties — and it’s not fires or Trump – San Francisco Chronicle
A looming threat could bankrupt California counties — and it’s not fires or Trump San Francisco Chronicle Read the original article here
Chinese maths star solves geometry problem, Hong Kong actor bankrupt: SCMP’s 7 highlights
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Chinese maths star Wang Hong solves ‘infamous’ geometry problem Chinese…