NEW DELHI: Adani Power Ltd. (APL) on Tuesday announced successfully completing the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd. (VIPL) for a total consideration of ₹4,000 crore. VIPL operates a 2×300 MW domestic coal-fired power plant located in Butibori, Nagpur district, Maharashtra. VIPL was undergoing the Corporate Insolvency Resolution Process (CIRP) under…
A Christchurch construction company has gone into liquidation, leaving behind significant debt and limited assets. Select Building Limited, which operated in Canterbury, was placed into liquidation on 3 July by special shareholder resolution. Brenton Hunt of Insolvency Matters Limited has been appointed liquidator. According to the initial report, the company ceased trading in July 2025…
After many failed attempts in the past, Base Corporation Limited (in Liquidation), a company previously involved in the manufacturing of lead-acid batteries, is once again set to undergo a joint e-auction for the sale of its assets. The e-auction, which will be conducted on 4th August 2025, will offer the company’s assets on an “AS…
Christchurch residential construction company Select Building has gone into liquidation with a total estimated shortfall to creditors of $329,500. That includes about $200,000 owed to Inland Revenue (IRD), which has started legal recovery action, while $10,000 in staff wages and holiday pay is in arrears. Select Building’s demise follows a long line of building firms…
Supporters of student loan debt relief rally in front of the Supreme Court in Washington Colorado Springs Gazette Read the original article here
“The untimely softer coal price environment, coinciding with the resumption of the Dartbrook underground mine, has necessitated a top-up to existing finance facilities to provide additional working capital,” Australian Pacific Coal executive director John Robinson told the Newcastle Herald in April. Read the original article here
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60 jobs go as food wholesaler folds BusinessDesk | NZ Read the original article here
A Queenstown property developer whose company owes creditors more than $7 million says recent liquidations have no bearing on his commercial and apartment development projects at Jacks Point. Formcrete Construction ceased trading in February. Liquidators Jared Booth and Tony Maginness, of Baker Tilly Staples Rodway Auckland, were told it was because of trading losses and…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…