Shipping firm in £700,000 of debt forced to close

An international freight company with debts of almost £700,000 has been forced to close after an investigation by the Insolvency Service. Leeds-based Malcolm Wright Associates was found to have shipping debts with companies in the UK, US and Europe. The firm was investigated after concerns were raised about its trading activity and shut down following…

Leeds freight firm in £700,000 of debt forced to close

An international freight company with debts of almost £700,000 has been forced to close after an investigation by the Insolvency Service. Leeds-based Malcolm Wright Associates was found to have shipping debts with companies in the UK, US and Europe. The firm was investigated after concerns were raised about its trading activity and shut down following…

Leeds freight firm in £700,000 of debt forced to close

An international freight company with debts of almost £700,000 has been forced to close after an investigation by the Insolvency Service. Leeds-based Malcolm Wright Associates was found to have shipping debts with companies in the UK, US and Europe. The firm was investigated after concerns were raised about its trading activity and shut down following…

NCLT Delhi Allows First Motion In Jakson Limited’s Demerger Into Jakson Powergen, Orders Creditor Meetings

The Delhi bench of the National Company Law Tribunal (NCLT) has recently allowed the first motion application filed by Jakson Limited and Jakson Powergen Limited for a proposed demerger. Under the scheme, Jakson Limited is the demerged company, and Jakson Powergen Limited is the resulting company. The bench directed Jakson Limited to convene meetings of…

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