RetailDeals A specialist in litigation and dispute resolution has warned that Poundland could ultimately wind up in insolvency proceedings despite its rescue deal. Poundland narrowly avoided administration after the High Court approved a major restructuring plan, but the discount chain has confirmed several stores across the country – as well as its online store and…
Cell C announced that it has achieved profitability for the financial year ending May 31, 2025, marking a significant turnaround in its financial performance. The news was revealed in the annual results released by its owner, Blue Label Telecoms. While the mobile operator reported a net profit after tax of R2.2 billion, it remains technically…
Contracting company KDR Venlo has been declared bankrupt. Local Limburg media report that creditors filed for the bankruptcy of the business, which employed two people. The company was active in greenhouse roof cleaning, both in the Netherlands and abroad. KDR Venlo B.V.…
Denheath Desserts in liquidation: South Canterbury custard square company closed … Read the original article here
Bankrupt owner puts thousands of music fans refunds at risk BBC Read the original article here
Vegan Finest Foods, the Dutch company behind plant-based brands such as Vegan Zeastar, Beastie Plants, and Vegan Junkstar, has been declared bankrupt, as reported by Eiwit Trends. The company, founded in 2019 in partnership with the restaurant chain Vegan Junkfood Bar, faced significant financial difficulties following the economic impacts of the coronavirus pandemic and a…
Various other companies, including Vedanta Group, Jindal Power and PNC Infratech, have also approached the CCI seeking nod to submit respective resolution plans to the CoC of JAL. Fair trade regulator CCI on Tuesday said it has in principle approved Adani Group’s acquisition of debt-ridden Jaiprakash Associates, should it win a bid in the ongoing…
Denheath’s directors, Donald and Lisa Templeton, had 71.49% of shares in the company. Geoff Cloake had 5.6%, Vaughan Moloney owned 4%, Albert and Raymond Gain owned 4%, Josephine Turnell, Mark and Sarah Lawson owned 1.6% and Kevin Guthrie 0.8%. The Herald has approached Lisa Templeton for comment. The Herald has not been able to access…
The Supreme Court has ordered an inquiry into allegations that a judge of the higher judiciary contacted a member of the National Company Law Appellate Tribunal (NCLAT) in Chennai to seek a favourable order in an insolvency matter. The inquiry will be conducted by the Secretary General of the Supreme Court and will ascertain whether…
The Supreme Court has ordered an inquiry into allegations that a judge of the higher judiciary contacted a member of the National Company Law Appellate Tribunal (NCLAT) in Chennai to seek a favourable order in an insolvency matter. The inquiry will be conducted by the Secretary General of the Supreme Court and will ascertain whether…