In 2023, SNRas Systems, a social enterprise, came to Villgro, a support organisation for social enterprises, with a problem that had nothing to do with their business model. They had 19 patents in aquaculture technology, contracts with retail chains, and a clear path to scale. What they lacked was INR 50 lakh in working capital…
A Whitby construction company has gone into liquidation with debts of more than £300,000. Ivy Construction Limited of Armandene, Stainsacre Lane, entered a creditors voluntary liquidation on August 13. The Stockton-on-Tees-based Begbies Traynor (Central) LLP was appointed liquidator. A report known as a statement of affairs has been published by Companies House outlining the debts.…
Sostenus Wilherm A N$97.2 million debt dispute between The Spar Group Limited and businessman Herman Nekomba has shifted to his insolvent estate, with the High Court ordering that his trustees take over his role in the litigation. The High Court on Tuesday ordered that Nekomba be removed from the proceedings in his personal capacity and…
Ivy Construction Limited of Armandene, Stainsacre Lane, entered a creditors voluntary liquidation on August 13. The Stockton-on-Tees-based Begbies Traynor (Central) LLP was appointed liquidator. A report known as a statement of affairs has been published by Companies House outlining the debts. RECOMMENDED READING: The report says the business, which was incorporated in 2013, had £434…
OCD Cleaning Services (Harrogate) Limited of Queensgate House, 23 North Park Road, Harrogate, entered a creditors voluntary liquidation on August 18. FRP Advisory Trading Limited of Stockton-on-Tees was appointed the liquidator of the company which specialised in the general cleaning of buildings. RECOMMENDED READING: A report known has a statement of liabilities said the business,…
BUENOS AIRES, Argentina (AP) – At 18, Martín Taborda began studying law at Argentina’s prestigious University of Buenos Aires, hoping to become the first in his family to graduate. Just two years later, that dream has slipped out of reach. Unemployed and $1,300 in debt, he can no longer afford the bus fare from his…
OCD Cleaning Services (Harrogate) Limited of Queensgate House, 23 North Park Road, Harrogate, entered a creditors voluntary liquidation on August 18. FRP Advisory Trading Limited of Stockton-on-Tees was appointed the liquidator of the company which specialised in the general cleaning of buildings. RECOMMENDED READING: A report known has a statement of liabilities said the business,…
SYDNEY – Sydney property developer Bathla Group’s collapse has left thousands of Australian home buyers – who have paid deposits and are waiting for their off-the-plan homes to be built – in limbo. Those caught up in Bathla’s crisis face a patchwork of outcomes. They could potentially get their deposits back or eventually receive the…
Mumbai, Sept. 9 — Adani Power Ltd (APL) has made distressed assets a key plank of its expansion, emerging as one of the top acquirers under India’s decade-old bankruptcy law. Its proposed takeover of GVK Energy Ltd would be its eighth through the insolvency process, a strategy that has allowed the country’s largest private thermal…
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