The recently announced sale purchase agreement between Murray & Roberts and Webuild for the acquisition of Clough, has been terminated by mutual agreement between the parties. In the absence of the sale proceeding, the board of directors of Clough have decided to place Clough and its Australian subsidiaries into voluntary administration (VA) in order to…
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that a Corporate Insolvency Resolution Process (CIRP) application that is barred by limitation under Section 9 of the Insolvency and Bankruptcy Code, 2016, cannot be revived by the mere issuance of a demand notice under Section 8. The Appellate Tribunal has dismissed…
POP Canberra will remain open for the time being and continue to trade. Photo: POP Canberra, Facebook. One of Canberra’s most colourful start-up stores has entered voluntary administration. POP Canberra, located at 27 Lonsdale Street in Braddon, only opened during the COVID lockdown in 2020; however, it has strong ties to the city as a…
Media event date: 17 November 2025 Date published: 17 November 2025 SONYA FELDHOFF, HOST: It was back in July that we first heard that an organisation that South Australians hold extremely dear, Bedford, was in some very serious strife. They went into voluntary administration. Both the State Government and the Federal Government were involved in…
It was the third time he had committed such an offence Jamie Hawksworth pictured at Hull Crown Court(Image: Hull Live) A cocaine addict brazenly stole items from three different employers during the space of two years in a desperate bid to pay off his out-of-control drug debt. Jamie Hawksworth had already twice been spared prison…
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Teneo, the global CEO advisory firm, today announced the latest expansion of its fast-growing global business with an agreement to acquire PwC New Zealand’s Business Restructuring Services unit. Through the transaction, 22 members of PwC New Zealand’s Business Restructuring Services team will join Teneo including partners John Fisk, Richard Nacey, Stephen White and Executive Director…
NEW DELHI: The Supreme Court on Monday upheld the initiation of corporate insolvency resolution proceedings against real estate firms Bhasin Infotech and Infrastructure Private Limited and Grand Venezia Commercial Towers Private Limited, reinforcing the rights of homebuyers and commercial allottees. A bench comprising Justices Sanjay Kumar and K Vinod Chandran dismissed the appeals filed by…
Firm fined for driver’s death collapses with $2m debt Herald Sun Read the original article here
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