Dutch company Altana BV, owned by German billionaire Susanne Klatten has filed a lawsuit in the Central District Court to open insolvency proceedings against serial entrepreneur Benny Landa tech development company Landa Labs. This is yet another company owned by Landa mired in a legal battle after printing company Landa Digital Printing and…
By Charmaine Ndlela Tongaat Hulett has been pulled back from the brink of liquidation after its business rescue practitioners reached an agreement with the Industrial Development Corporation (IDC) and Vision Group to keep the 134-year-old sugar producer trading and proceed with its sale. The agreement, reached on Wednesday, clears the way for the implementation of…
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A catastrophic liquidation process for South Africa’s century-old sugar giant has been halted at the eleventh hour. On Wednesday, the exact day a high-stakes liquidation hearing was scheduled to commence in the High Court of South Africa in Durban, the Business Rescue Practitioners of Tongaat Hulett Limited, the Industrial Development Corporation (IDC), and the Vision…
Durban High Court Judge Rithi Singh agreed to withdraw the application to place Tongaat into provisional liquidation on Wednesday. Archival photo: Nomfundo Xolo The Tongaat Hulett liquidation application was withdrawn at the 11th hour after talks running late into the night produced an agreement for the IDC to continue funding the company until the end…
Zee Learn lenders withdraw insolvency petition at NCLT scanx.trade Read the original article here
UK travel agency plunges into liquidation after more than 40 years in business The Bury Times Read the original article here
Supreme Court: In an appeal arising out of Calcutta High Court’s judgment dated 11 May 2026, wherein Company Court’s order transferring pending winding-up proceedings concerning Martina Bio Genics Pvt. Ltd. (in liquidation) from High Court to the National Company Law Tribunal, Kolkata Bench (NCLT) was upheld, the Division Bench of S.V.N. Bhatti and Atul S.…
Creditors of Curo Construction and its interiors subsidiary could get back 28p in the pound after a judge this morning (17 July) granted an application by the firm to appoint administrators. Curo Construction had faced a hearing next month into a winding-up petition brought by steelwork firm Nationwide Structures. But, at an insolvency hearing this…
UK travel agency plunges into liquidation after more than 40 years in business The Impartial Reporter Read the original article here