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REVEALED: Liquidator appointments for businesses in the Monash council area for August 28 Herald Sun Read the original article here
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…
Essel Group chairman Subhash Chandra has pushed back against criticism over his personal insolvency proceedings, saying the group has repaid around Rs 43,000 crore of the nearly Rs 45,000 crore it owed after its financial crisis in 2019. In a video message, Chandra said he and his family sold personal assets, including their home, to…
With the controversy over Zee group founder Subhash Chandra’s Rs 6.5-crore repayment plan refusing to die down, MS Sahoo, former chairman of the Insolvency and Bankruptcy Board of India (IBBI), has said a repayment plan is inherently constrained by the guarantor’s resources, irrespective of the amount of the guarantee. Speaking to TNIE, Sahoo said the…
New Delhi, Aug. 28 — The insolvency court’s approval of Zee Group founder and chairman emeritus Subhash Chandra’s Rs.6.5 crore repayment plan has raised questions about how much banks can recover from personal guarantors when company loans go bad. Mint explains what personal guarantor insolvency means, why recovery can still be low, and the nuances…
7 Brew bids on bankrupt fast-food chain against a rival coffee shop, seeks auction AL.com Read the original article here
The case was filed by the company’s director Vladas Gaidys over insolvency, according to the report. The court said Vilmorus was unable to meet its financial obligations to creditors. At the end of March, the company had assets worth EUR 4,091, while its liabilities totalled nearly EUR 107,000. Vilmorus reported revenue of EUR 227,000 and…
Key takeaways: Braid Logistics (UK) Limited is expected to enter liquidation as part of a wider group restructuring. The company reportedly still had around £20.4 million in net assets at the end of 2025. Braid was acquired by Hillebrand in 2020, before Hillebrand itself became part of DHL in 2022. DHL paid around €1.5 billion…
Magazin • 28.8.2026 • 45624 Parent company affected – Discrepancies with the VZB pension fund? The investment portfolio includes, amongst other things, businesses and companies in Ibiza, such as 7 Pines Resorts. / © 12.18 28.8.2026 The wave of insolvencies in the German hotel sector is rolling forward. In mid-August, the controversy spread to another…