International airline cancels all flights in bankruptcy, starts liquidation process – thestreet.com
International airline cancels all flights in bankruptcy, starts liquidation process thestreet.com Read the original article here
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Dove Airlines starts voluntary liquidation process
After nearly three decades of operational turbulence and financial distress, the long-grounded Dove Airlines Private Limited has officially initiated a voluntary liquidation process, marking the final chapter for the former charter carrier. The announcement, made on Monday, January 5, 2026, signals a transition from the legal purgatory of insolvency to a definitive winding down of…
Bankruptcies back with a vengeance – The Australian
Bankruptcies back with a vengeance The Australian Read the original article here
NCLT approves Rs 420.86 crore resolution plan for Supertech ORB
The National Company Law Tribunal (NCLT), Allahabad Bench, has approved a ₹420.86 crore resolution plan for the embattled real estate firm Supertech ORB Project Private Limited, bringing hope for completion of delayed housing projects and repayment to creditors. The plan, submitted by Brickboss Infra Private Limited, a subsidiary of Ametek Buildtech India Private Limited, was…
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Australia’s unfair preference laws: What lies ahead for liquidators in a period of legislative reform and dynamic change in the courts? – Norton Rose Fulbright
Australia’s unfair preference laws: What lies ahead for liquidators in a period of legislative reform and dynamic change in the courts? Norton Rose Fulbright Read the original article here
Corporate failures defy economic gravity: Rewinding the week that was
Ken Tyrrell has been scratching his head. A restructuring and insolvency specialist with the accountancy firm PwC, he has maintained a running tracker of corporate insolvencies in recent years. Along with his team, he has produced quarterly reports on how many companies are going out of business and what sectors of the economy…
Melbourne building collapses into voluntary administration – leaving projects in the lurch – MSN
Melbourne building collapses into voluntary administration – leaving projects in the lurch MSN Read the original article here
Melbourne advice firm enters liquidation
Troubled Melbourne financial advice firm United Global Capital (UGC) has been put into liquidation by the Federal Court. ASIC said that creditors had resolved to wind up UGC, and David Stimpson of SV Partners has been appointed as a liquidator. UGC withdrew its application regarding the cancellation of its Australian financial services licence, which was…