ASIC documents reveal that the majority of Dashdot shares were sold to a British Virgin Islands company prior to its liquidation, leaving Australian customers stranded with limited prospects of recovering their funds. Yet, more than 95 per cent of Dashdot shares were allegedly transferred to a British Virgin Islands company in 2024 for just…
GURUGRAM, IN / ACCESS Newswire / June 3, 2026 / For millions of salaried Indians, there is no single “loan problem.” There are three: a credit card outstanding dues stacking up on one side, a personal loan EMI on the other, and a WhatsApp message from a recovery agent sitting unread in the middle. Reserve…
UK fashion retailer to close all 15 stores after collapsing into liquidation The Western Telegraph Read the original article here
More than 95 per cent of Dashdot shares were allegedly transferred to a British Virgin Islands company in 2024 for just $100, two years before the buyer’s agency entered liquidation, REB, a Momentum Media publication can reveal. The transfer of ownership of one of the nation’s largest buyer’s agents leaves its Australian customers with little…
Pritesh Patel of Patel and Co was appointed liquidator. According to the first liquidator’s report, Wang advised the business was in operation for “no more than three months”. Wang told Patel the business had failed from its initial purchase to achieve the required turnover to satisfy its fixed and variable business expenses as and when…
A recently re-elected state government is tipped to focus on managing growing debt rather than cost of living relief when its budget is handed down. A state government is walking a budget tightrope as it grapples with the need to deliver cost of living relief while managing a bottom line saddled with growing debt. South…
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The National Company Law Appellate Tribunal (NCLAT) has held that a Resolution Professional is not required to institute separate eviction proceedings to recover possession of assets belonging to a corporate debtor during the Corporate Insolvency Resolution Process (CIRP). The issue arose when the Resolution Professional, after taking charge of the corporate debtor, discovered that several…
The National Company Law Tribunal (NCLT) Kolkata Bench has admitted a Section 7 insolvency application filed by State Bank of India (SBI) against Martina Bio Genics Private Limited and held that pending winding-up proceedings cannot override the objective of corporate revival under the Insolvency and Bankruptcy Code, 2016 (IBC). SBI submitted that Martina Bio Genics…