Resato Hydrogen’s losses rose to 13.3 million in 2025; shareholders called for the company to be declared bankrupt Mobility Energy Read the original article here
Business-related personal insolvencies are surging, with the number of Australians entering insolvency for business reasons jumping 17.8 per cent in the June quarter. New figures from the Australian Financial Security Authority (AFSA) show 1,093 business-related personal insolvencies were recorded in the June quarter, up from 928 in the same period last year. The rise was…
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REVEALED: Liquidator appointments for businesses in the Casey council area for August 31 Herald Sun Read the original article here
SUMMARY HNGIL has served Bira 91 parent B9 Beverages a default notice over alleged dues of ₹11.77 Cr and warned that it could initiate insolvency proceedings against the brewer. The notice adds to Bira 91’s mounting creditor pressure as the debt-laden brewer seeks fresh capital to clear employee and vendor dues and restart production. HNGIL…
New Delhi: Hindusthan National Glass and Industries Ltd (HNGIL) has served a default notice on B9 Beverages Ltd, the maker of the Bira 91 range of beer, as it plans to drag the debt-ridden brewer to the insolvency tribunal NCLT. HNGIL, a container glass manufacturer, has issued the notice under Section 8 of the Insolvency…
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Two self-styled wealth gurus who reportedly drove Lamborghinis and wore expensive watches while pitching investment opportunities have been declared bankrupt, with more than 50 investors now worried about roughly S$5 million tied up in their deals. Lim Jian Bin, 36, also known online as Takeshi Lim, was declared bankrupt in July…
Investors file multiple police reports and some wonder if they were duped into a ponzi scheme [SINGAPORE] They each drove Lamborghinis, wore expensive watches and ran schemes where they promised investors high returns for money put into their property deals and other businesses. But just three years after self-styled wealth gurus Lim Jian Bin, 36,…
Administrators of property developer Bathla Group have until Thursday to find emergency funding for the company and avoid it turning into one of the country’s biggest real estate failures, as the company’s staff agreed to keep working without pay. Insolvency specialists Teneo were appointed to Bathla last Tuesday as it buckled under the weight of…