Paul Y. Engineering, a contractor with a history spanning 78 years in the city, is reportedly encountering financial difficulties. The High Court on Monday ordered the winding up of its parent company along with a related firm after submitting a liquidation petition earlier. The concerned companies are “Paul Y. Engineering Group Limited” and…
Loading According to Australia Post’s latest e-commerce report, Australians spent a record $69 billion on online shopping last year, an increase of 12 per cent on the year before, largely driven by platforms such as Amazon, Shein and Temu. “Online marketplaces”, such as Amazon or eBay, accounted for nearly 40 per cent, or $16 billion,…
Debt collectors sue millions of Americans every year, and often win by default. This tech startup makes it easier to respond to a lawsuit or settle a debt. PHOENIX — One in four American adults have a debt turned over to private collectors, according to research from the Debt Collection Lab. Nationwide, researchers estimate major collection…
An F45 franchisee says the business has been hit hard by the pandemic, the recession, and new competitors. A company behind three F45 gym franchises in Auckland has been tipped into liquidation. K E M Holdings Ltd, which is owned and directed by Kate McEntee, appointed Victoria Toon from Corporate Restructuring as liquidator on March…
Photo: RNZ / Cole Eastham-Farrelly Sixty schools around the motu have been left without a tuck shop provider after the Libelle Group went into liquidation two weeks ago. Libelle was contracted to Compass, the government supplier for the scheme that has been plagued with issues since its relaunch this term. While some kura are exploring…
The Committee of Creditors (CoC) of Reliance Capital has informed NCLAT that the resolution plan was completely implemented by IIHL with the transfer of complete payment amounts in terms of the resolution plan. PTI Last Updated : 30 March 2025, 07:09 IST Follow Us : Comments Read the original article here
Irish corporate insolvencies fell 14 per cent in the first quarter of this year to a total of 192 liquidations, receiverships, examinerships and small company administrative rescue processes (Scarps), continuing a drop-off seen in the latter part of 2024, according to PwC. For last year as a whole insolvencies rose 16 per cent to 852,…
The company saw exponential growth during the COVID-19 pandemic, reaching a peak valuation of $22 billion ((around Rs 1,83,000 crore) in 2022. However, aggressive expansion through costly acquisitions and marketing led to financial mismanagement. Byju Raveendran, the founder of Byju’s, took to X on Sunday and showed optimism about rebuilding his business “brick by brick”…
Franks said if nobody purchased Olivado’s operating assets then no one would process much of the fruit which did not reach export or retail quality. He said the price paid for the business was confidential. In January, Seeka joined court proceedings against Olivado. Franks today said aspects of the case had been “disappointing” but any…
Franks said if nobody purchased Olivado’s operating assets then no one would process much of the fruit which did not reach export or retail quality. He said the price paid for the business was confidential. In January, Seeka joined court proceedings against Olivado. Franks today said aspects of the case had been “disappointing” but any…