Aberdeen-based Belmar Engineering let go of 48 workers on Tuesday as it entered liquidation. Insolvency expert Michael Reid, who is also Aberdeen-based and works for MHA, has been appointed liquidator. A letter has been sent to all known creditors. There were around 80 in total, made up of trade suppliers, utility providers, finance companies and…
The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a corporate insolvency petition against Future Ideas Company Limited (FICL), part of the erstwhile Kishore Biyani-led Future Group, filed by Axis Trustee Services Limited, acting as the debenture trustee for Franklin Templeton Asset Management. The tribunal declared a moratorium on the company’s assets and appointed…
Aberdeen’s Belmar Engineering enters liquidation Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook … Read the original article here
Aberdeen engineering firm enters liquidation as all employees immediately made redundant Aberdeen Live Read the original article here
Gambling with company funds: Don’t pass go, proceed directly to sequestration Polity.org.za Read the original article here
A boardroom ban has been imposed A Co Down man has accepted a six-year boardroom ban after his building and construction company went bust while owing more than £100,000. Eamonn McNamee (58), from Carrowmannan Road, Belleeks, Newry, was found to have transferred money meant for a creditor to his own personal bank account, and to…
Casa’s 50% liquidation sale to reach Brussels on Friday The Brussels Times Read the original article here
Final drop falls in Wellington bar’s liquidation thepost.co.nz Read the original article here
The North Ayrshire Health and Social Care Partnership’s ‘Money Smart’ service, previously known as Money Matters and Welfare Reform Advice, will start on May 1. It provides free, confidential, and impartial welfare rights advice for North Ayrshire Council housing tenants, and others who meet specific criteria. This includes those with dependent children, a disability, or…
Helen Spurgeon is worried about her son Alex Chambers’ future. He followed his passion to pursue an arts degree but that’s left him with an enormous HECS debt even as the value of the degree falls. “$50,000 — that is a lot of money for someone who’s only 21 and that is before the cost…