The company formerly known as Diginex and later as EQONEX has become a case study in the volatility of the cryptocurrency sector. For remaining shareholders, the central question now is what value, if any, can be recovered from the ongoing wind-down process. Active exchange trading of the shares was suspended in November 2022, rendering daily…
Radhagobind Commercial Limited Submits Provisional List of 39 EOIs Under IBC Process scanx.trade Read the original article here
The administrators appointed to Billboard Media have advertised the business for sale. In an advertisement published in The Age newspaper, Hall Chadwick representative Jessie Low has offered Billboard Media for sale to interested parties. “Expressions of interest are being sought by the administrators for the purchase of a commercial printing business currently operating from premises…
Melbourne building collapses into voluntary administration – leaving projects in the lurch MSN Read the original article here
SINGAPORE – A man was sentenced to 3½ years and four weeks’ jail on Jan 27 after he misappropriated around $470,000 from more than 200 people who had signed up for an Islamic pilgrimage to Mecca, in Saudi Arabia. The customers received no updates on arrangements for the pilgrimage, also known as umrah, and found out…
Thank you for reading this post, don’t forget to subscribe! The Supreme Court held that IBC forums cannot adjudicate substantive intellectual property disputes where resolution plans acknowledge rival claims. In Gloster Limited v. Gloster Cables Limited, the Court clarified Section 60(5) IBC limits on NCLT jurisdiction in insolvency proceedings. NEW DELHI : The Supreme Court…
LOGAN — Utah State University’s Transforming Communities Institute has received a grant from the American College of Bankruptcy Foundation to expand a training program designed to help Utahns navigate debt-related legal and financial challenges. The award will support the institute’s Community Justice Advocate training program by funding paid student internships, a graduate practicum placement and…
A Sudden Shock for Retail Workers More than 1,000 retail jobs are now in jeopardy following the appointment of insolvency practitioners at Claire’s, the UK’s popular accessories retailer, just four months after it was rescued from financial difficulties. The move, reported by Sky News, comes as a significant blow to employees, many of whom were…
Ian Patience and his partner Fiona Gordon ran Footloose Sailing from their home in Upton, near Acle, chartering out their 57ft cruising yacht, Asante, for voyages around the world. But the couple have now put the company into liquidation after losing their vessel to a fire in the South African port city. Ian Patience and…
The Czech Republic Funding and Debt Management Strategy for 2022 Ministerstvo financí ČR Read the original article here