The National Company Law Tribunal (NCLT), Hyderabad Bench, has approved the resolution plan for Leo Meridian Infrastructure Projects & Hotels Ltd. (Corporate Debtor) submitted by Jalavihar Entertainment Private Limited Consortium (JEPL Consortium/SRA). The plan, amounting to ₹237 crores, was approved by the Committee of Creditors (CoC) with a 100% voting share. Background: The Corporate Insolvency Resolution Process (CIRP) against…
School lunches provider Libelle Group Auckland goes into liquidation MSN Read the original article here
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A school lunch example at Otahuhu College. File photo Photo: RNZ / Marika Khabazi Liquidators taking financial control of the failed school lunch programme say it owes money to multiple suppliers and to its 500 staff – but wages will be paid in the interim. It was the latest in a string of problems that…
An Otago principal says she is not surprised a school lunch provider has gone into liquidation after the company was only given $3 per meal by the government. The Libelle Group — one of the three nationwide providers of the new school lunch programme — is being liquidated by Deloitte. It was contracted to deliver…
All Louisiana locations of this business are closing, and right now, there is a huge liquidation sale going on. At each location throughout Louisiana, massive sales with discounts of up to 80% are taking place at this time. The deals are available at the location here in Lafayette. The end of an era is coming…
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Paul Harvey from The School Lunch Collective — the grouping of organisations providing meals — said it was a “difficult situation” for Libelle, which has offered residential catering, tuckshop solutions and school catering services for the past 20 years. “To minimise disruption, Compass Group has taken immediate steps to support Libelle, including ensuring staff wages…
Ithala fights back against liquidation bid, citing promise of state guarantee News24 Read the original article here