Adani Enterprises gets NCLT nod for JAL takeover

Mumbai: The National Company Law Tribunal (NCLT) has approved the acquisition of Jaiprakash Associates Ltd (JAL) by Adani Enterprises, clearing the way for one of the most high-profile resolutions under India’s insolvency framework. The approval will allow Adani Enterprises to take control of the debt-laden infrastructure and cement company. The Adani Group had emerged as…

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VIQ Solutions Australia placed into voluntary administration, court transcriptions services in limbo

Four weeks after the ABC revealed sensitive court files were being accessed offshore in a potential risk to national security, the company responsible for the breach has entered into voluntary administration. Administrators McGrathNicol were called in on Monday to urgently assess the viability of VIQ Solutions Australia — the company responsible for daily production of…

St Helens courier firm appoints liquidators after collapse

The St Helens-based courier company, incorporated in February 2021, appointed Lauren Fitton and Steven Muncaster of Leonard Curtis as joint liquidators. The winding-up resolution was published on 13 March. Companies House records show its accounts were overdue prior to liquidation, indicating financial difficulties. Attempts to contact the company were unsuccessful, with its listed phone number…