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By MATT JONES FOR DAILY MAIL AUSTRALIA Published: 14:44 AEST, 20 May 2025 | Updated: 23:48 AEST, 20 May 2025 A well-known motorcycle retailer with dozens of outlets across Australia has gone bust, with up to 400 workers now facing unemployment. Peter Stevens Motorcycles entered voluntary administration on Monday, 55 years after it was founded…
The looming collapse of an Australian motorcycle giant is a direct result of falling consumer confidence amid a cost of living crisis. News that dealer giant Peter Stevens Motorcycles fell into voluntary administration rocked the motorcycle industry this week. But it’s bigger than that, representing a warning shot for the economy as a whole. Motorcycle…
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Loss-Making Lucapa Forced into Administration IDEX Online Read the original article here
The insolvency appellate tribunal has directed the NCLT to promptly decide on the stay of the process of inviting Expression of Interest (EOI) regarding two Jaiprakash Associates group’s investments in Jaiprakash Power Venture and Jaypee Fertilisers & Industry. In an order on April 29, 2025, the Allahabad bench of the National Company Law Tribunal stayed…
New Delhi: The Supreme Court will on Monday hear a plea filed by JSW Steel Ltd, seeking a review of the court’s 2 May judgment that quashed the company’s ₹19,300 crore resolution plan for Bhushan Power and Steel Ltd (BPSL) and ordered the firm’s liquidation. The review petition names former BPSL promoter Sanjay Singhal, whose…
NCLAT Tells NCLT To Expedite Decision On EoI Stay In Jaiprakash Insolvency Case BW Businessworld Read the original article here
Liberty Steel is making a last-ditch attempt to save its plants in and around Rotherham and Sheffield from collapse. On Wednesday, a court could force Liberty’s speciality steel business to close over unpaid debts, putting 1,450 jobs at risk, unless the company wins an adjournment. Liberty Steel told the BBC that discussions continue with creditors…
New Delhi, May 25 (PTI) The insolvency appellate tribunal has directed the NCLT to promptly decide on the stay of the process of inviting Expression of Interest (EOI) regarding two Jaiprakash Associates group’s investments in Jaiprakash Power Venture and Jaypee Fertilisers & Industry. In an order on April 29, 2025, the Allahabad bench of the National…