New Delhi, Mar 10 (PTI) The National Company Law Tribunal (NCLT) has directed that the resolution plans to acquire Jaiprakash Associates through the insolvency process should be invited for the entire company as a going concern and not by dividing its different business verticals. NCLT has said ‘Form G’ published by the resolution professional of…
The company that ran Walleys Quarry owed millions to creditors when it collapsed, a new document shows. Walleys Quarry Ltd (WQL) entered voluntary liquidation last month, three months after the controversial Silverdale landfill site was issued with a closure notice. The company’s statement of affairs, published on Companies House, has now revealed that it owed…
Two Australian and New Zealand live music events – one of which that didn’t even go ahead with its inaugural shows – have been placed into voluntary administration. As reported by the NZ Herald, one of those events is the Timeless Summer Tour, which was scheduled for debut events throughout Australia in January with a…
Two Australian and New Zealand live music festivals have been placed into voluntary administration. As reported by the NZ Herald, one of those events is the Timeless Summer Tour, which was scheduled for debut events throughout Australia in January with a lineup that included Culture Club’s Boy George, ex-Spandau Ballet singer Tony Hadley, and Bonnie…
Two music festivals have been placed into voluntary administration. As reported by the NZ Herald, one of those events is the Timeless Summer Tour, which was scheduled for debut events throughout Australia in January with a lineup that included Culture Club’s Boy George, ex-Spandau Ballet singer Tony Hadley, and Bonnie Taylor. After being announced last…
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A drone photo of the Ardmore mine site taken in January 2025. Photo: Centrex PHOSPHATE miner Centrex, and its subsidiary Agriflex, have entered voluntary administration, placing a cloud of uncertainty over the Ardmore operation in north-west Queensland. Alongside Incitec Pivot’s Phosphate Hill operation, Centrex’s Ardmore Phosphate Project, 120km from Mount Isa, is one of only…
Centrex phosphate mine enters voluntary administration citing rail costs MSN Read the original article here
Phosphate was supposed to be the outback’s next big economic opportunity, but one mining company says the cost of rail freight has brought its project to the end of the line. Just three years after its first shipments were celebrated for reducing Australia’s reliance on imports, the Ardmore Mine, about 140 kilometres south of Mount…
The government is planning to give significant additional powers to the Committee of Creditors (CoC), the primary decision-making body once bankruptcy proceedings are initiated. A key change being considered is to make it mandatory for the CoC to constitute a “monitoring committee” (MC) to oversee the implementation of the resolution plan, according to official sources.…