Voluntary administrators appointed to IoT telco Thinxtra just two years after $5m pre-IPO raise Business News Australia Read the original article here
Boutique boxing chain Hustle Boxing, launched with celebrity backing and marketed as offering Australia’s ‘most unintimidating’ boxing classes, has entered voluntary administration following a series of financial setbacks and high-profile controversies. Administrators from BDO – Duncan Clubb and Andrew Sallway – were appointed this week to three companies behind the Sydney-based brand, which operated clubs…
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Illawarra based family operator Ross Transport has issued a plea to the industry to ensure no more longstanding operators are forced to shut doors in the wake of Ron Crouch Transport entering voluntary administration. After hearing of the news, Ross Transport took to Facebook to share its thoughts. The operator has been proudly family owned…
The National Company Law Tribunal (NCLT) at New Delhi has recently held that a Residents Welfare Association that is not authorised by individual homebuyers cannot initiate a corporate insolvency process on their behalf, particularly when those homebuyers do not individually meet the minimum debt threshold under the Insolvency and Bankruptcy Code. A coram of Judicial…
The High Court has issued a show-cause notice asking why the Bangladesh Bank’s decision to liquidate nine non-bank financial institutions (NBFIs) should not be considered illegal. A High Court bench led by Justice Ahmed Sohel issued the order today (11 December) during a hearing on an application filed on behalf of Peoples Leasing, which is…
REVEALED: Latest business liquidations in Monash 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…
Keppel Corporation Streamlines Operations with Subsidiary Liquidation TipRanks Read the original article here
One of Australia’s largest wide format printers, Melbourne-based Billboard Media, has been placed into voluntary administration. Richard Albarran and John Vouris from Hall Chadwick were appointed as joint administrators on Monday 8 December. In a notice posted by the Australian Securities & Investments Commission (ASIC), Jordan Developments Pty Ltd as trustee for Shreeve Family Trust…