Category Archives: Liquidation

₹117.74 Cr Debt Default Leads to CIRP against Toll Road Company: NCLT Admits Sec. 7 Insolvency Plea by Indian Overseas Bank [Read Order]

The National Company Law Tribunal (NCLT), Principal Bench, New Delhi, has admitted an insolvency petition filed by Indian Overseas Bank against Mhow Ghatabill Toll Roads Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016. The tribunal noted that the corporate debtor defaulted on repayment obligations, with dues amounting to ₹117.74 crore (inclusive of…

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GDB’s Subsidiary, Damai City Appeals Winding Up Order – BusinessToday Malaysia

GDB’s Subsidiary, Damai City Appeals Winding Up Order  BusinessToday Malaysia Read the original article here

All holidays cancelled as UK firm collapses into £1m liquidation

The business stopped trading earlier this year in January after more than 30 years in business. Holidays were cancelled when the business folded. And then the directors of Gold Crest Holidays put the bust company into voluntary liquidation. Statement of affairs submitted to Companies House reveal debts of £927k, including £102k to ABTA and £63k…

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REVEALED: Latest business liquidations in Moreton Bay – The Courier Mail

REVEALED: Latest business liquidations in Moreton Bay  The Courier Mail Read the original article here

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REVEALED: Latest business liquidations in Melton – heraldsun.com.au

REVEALED: Latest business liquidations in Melton  heraldsun.com.au Read the original article here