Australian spirits producer Top Shelf International (TSI) has entered voluntary administration almost a year after shares were suspended. Top Shelf released Act of Treason, made with agave grown in Australia, in January 2024 Rob Smith and Matthew Hutton, partners of McGrathNicol, have been appointed joint administrators of TSI. Melbourne-based TSI produces Australian agave spirit Act…
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. An announcement from Hi-Tech Gears Limited ( (IN:HITECHGEAR) ) is now available. Hi-Tech Gears Limited has announced updates regarding its ongoing Corporate Insolvency Resolution Process (CIRP). The…
Hi-Tech Gears’ NCLAT Hearing Postponed, Insolvency Stay Extended scanx.trade Read the original article here
The National Company Law Tribunal (NCLT) Kochi bench admitted the insolvency petition by Kotak Mahindra Bank against Inditrade Business Consultants Limited, holding that when a financial creditor establishes the existence of financial debt and default with supporting documents, the Adjudicating Authority is bound to admit the Section 7 petition despite disputes regarding pledged collateral, particularly…
SAB Events & Governance Now Media Limited Initiates Pre-Packaged Insolvency Resolution Process scanx.trade Read the original article here
The Insolvency and Bankruptcy Board of India (IBBI) issued Notification No. IBBI/2025-26/GN/REG130 dated October 14, 2025, introducing the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Sixth Amendment) Regulations, 2025. The new regulations took effect immediately upon publication in the Official Gazette. Main Amendments (a) Omission of Regulation 39C: The amendment…
In a recent ruling, the Orissa High Court observed that directors of a company cannot escape criminal liability for cheque dishonour merely because the company has been declared insolvent. Syed Najam Ahmed, the petitioner and Managing Director of Zenith Mining Private Limited, filed a petition before the High Court challenging the order of the JMFC…
1.3 billion baht for the suburban Red Line (Bang Sue–Rangsit section), and 1.2 billion baht for the double-track railway (Khon Kaen–Nong Khai section). In addition, the government plans to borrow 113.52 billion baht to manage the Treasury’s cash flow, in accordance with Sections 20(1/1) and 21/1 of the Public Debt Management Act,2015…
COUNTY. COMMUNITY SUPPORT AND A NEW CONDITIONAL PLAN FROM THE COUNTY ARE HELPING CHIP AWAY AT WINSTON-SALEM FORSYTH COUNTY SCHOOLS ENORMOUS DEBT. MONDAY, COUNTY COMMISSIONERS APPROVED A DOLLAR FOR DOLLAR DEBT FORGIVENESS PLAN UP TO 5 MILLION BUCKS, MEANING EVERY DOLLAR THE DISTRICT RAISES. IT RAISES $1 FROM WHAT THE DISTRICT OWES TO COUNTY COMMISSIONERS.…
Forsyth County commissioners aid Winston-Salem/Forsyth County Schools in debt relief Yahoo Read the original article here