The Supreme Court held that in proceedings initiated by a financial creditor under the Insolvency and Bankruptcy Code 2016, the adjudicating authority is required only to examine the existence of a financial debt and default, and that the defence of a pre-existing dispute is inapplicable. The Court was hearing a Civil Appeal filed under Section…
Games publisher Nacon files for shock insolvency The Escapist Read the original article here
The unexpected shutdown of Australian herb and salad grower Dicky Bill has left backpackers and Pacific Australia Labour Mobility (PALM) scheme workers scrambling for new jobs. More than 180 people were working at Dicky Bill Australia’s Queensland and Victorian farms when they suddenly found themselves unemployed last week as the family-run company went into voluntary…
Your technical debt is crushing your bottom line MarTech Read the original article here
Embattled wealth management firm Dixon Advisory has filed for voluntary administration after its directors determined that mounting liabilities from class actions, settlements and regulatory penalties would leave the entity insolvent. In a statement to the ASX on Wednesday, the firm’s parent company, E&P Financial Group, said PwC partners Stephen Longley and Craig Crosbie had been…
Shareholders, Face 25.02.2026 – 15:12:43 | boerse-global.de Polished.com has ceased operations and entered Chapter 7 liquidation. A trustee will sell assets to pay creditors, with shareholders last in line and likely to receive nothing. The corporate journey of Polished.com has reached its definitive conclusion.…
STA Travel Group information Deloitte Read the original article here
Carter Newell flags key risks for company directors in Australia Insurance Business Read the original article here
Money Management looks at the events that led to the voluntary administration of one of Australia’s top research houses. 6 August — Illiquid investment sees redemptions suspended on Blueprint fund van Eyk announces its decision to suspend redemptions on its Blueprint International Share Fund (VBI) and three other funds to protect investors’ interests following a…