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New Delhi: Hindusthan National Glass and Industries Ltd (HNGIL) has served a default notice on B9 Beverages Ltd, the maker of the Bira 91 range of beer, as it plans to drag the debt-ridden brewer to the insolvency tribunal NCLT. HNGIL, a container glass manufacturer, has issued the notice under Section 8 of the Insolvency…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
A North Yorkshire business has gone into liquidation owing more than £500,000. Yorkshire Exhibition Solutions of 23 Victoria Avenue, Harrogate, entered voluntary liquidation, following a vote to wind up the business. Leeds-based Clough Corporate Solutions were subsequently appointed liquidator. Companies House lists Robert James Wilcock and Jemma Louise Wilcock as the company’s only directors. RECOMMENDED…
Two self-styled wealth gurus who reportedly drove Lamborghinis and wore expensive watches while pitching investment opportunities have been declared bankrupt, with more than 50 investors now worried about roughly S$5 million tied up in their deals. Lim Jian Bin, 36, also known online as Takeshi Lim, was declared bankrupt in July…
Investors file multiple police reports and some wonder if they were duped into a ponzi scheme [SINGAPORE] They each drove Lamborghinis, wore expensive watches and ran schemes where they promised investors high returns for money put into their property deals and other businesses. But just three years after self-styled wealth gurus Lim Jian Bin, 36,…
Administrators of property developer Bathla Group have until Thursday to find emergency funding for the company and avoid it turning into one of the country’s biggest real estate failures, as the company’s staff agreed to keep working without pay. Insolvency specialists Teneo were appointed to Bathla last Tuesday as it buckled under the weight of…
Exclusive: Sharron and Philip Barker began building their dream home in 2021, hoping it could be a safe haven for their kids and grandchildren. Five years on, the property is “unfinished and uninhabitable”, with the couple forced to camp out in an old bus after their builder went bankrupt. The Barkers are living on an…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…