Nuvoco Vistas Corporation Limited has announced the voluntary liquidation of its wholly-owned subsidiary, Algebra Endeavour Private Limited (AEPL). The decision was made during the meetings of both the board and members of AEPL on 15th October 2026. This move is in compliance with the provisions of Section 59 of the Insolvency and Bankruptcy Code, 2016,…
Black Fox Leisure Ltd, registered at the Cayley Arms on the promenade, is understood to have operated the day-to-day and trading operations of the Cayley Arms for several years under a leasehold. But on October 8, liquidators were appointed to wind up the business after a meeting of creditors took place last month. According to…
Yorkshire-based asset valuation and disposal specialists BPI and BPI Asset Advisory have acquired a significant stake in McQueen Partnership, the Leeds-based debt recovery and credit control specialist. The investment brings debt recovery and credit management under the BPI umbrella for the first time. Insolvency practitioners, lenders, asset-based lenders and accountants can now turn to one…
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Crown generated nearly $3 billion in revenue from its casinos and hotels in the 2026 financial year, up almost 3 per cent on the year before, but also warned about uncertainties over its future because of its heavy debt load and the risk of further regulation. Earnings at the group, which was bought by private…
During its development, Vietnam has gradually strengthened fiscal and budgetary discipline, restructured revenue sources, controlled budget deficits, and maintained public debt indicators within the limits permitted by the National Assembly. However, the state budget still faces many challenges such as: revenue sources are not truly sustainable and still depend on cyclical factors, while the pressure…
REVEALED: Liquidator appointments for businesses in the Brisbane council area for October 16 The Courier Mail Read the original article here
On the 18th day of the trial involving the February 2023 murder and dismemberment of 28-year-old socialite Abby Choi Tin-fung, her husband, Chris Tam Fong-chun, testified regarding financial dealings, underworld arrangements, and family relationships involving the defendants. The victim’s former husband Alex Kwong Kong-chi, former father-in-law Kwong Kau, and former brother-in-law Anthony Kwong Kong-kit face…
On the 18th day of the trial involving the February 2023 murder and dismemberment of 28-year-old socialite Abby Choi Tin-fung, her husband, Chris Tam Fong-chun, testified regarding financial dealings, underworld arrangements, and family relationships involving the defendants. The victim’s former husband Alex Kwong Kong-chi, former father-in-law Kwong Kau, and former brother-in-law Anthony Kwong Kong-kit face…
The Supreme Court has ruled that an authenticated record of default from an information utility (IU) is, on its own, sufficient for the National Company Law Tribunal (NCLT) to admit a financial creditor’s insolvency petition. Such a record carries a presumption that a corporate debtor can displace only with “clear, cogent, credible and compelling material”,…