Category Archives: Liquidation

Hotel Fast SSE AB (publ) seeks approval for divestment of businesses, has prepared a balance sheet for liquidation purposes and convenes an EGM

As previously communicated, Hotel Fast SSE AB (the “Company”) has, since January 2025, not completed payments to the Company’s creditors and the board of directors of the Company has reviewed potential strategic alternatives, including the possibility to sell all or parts of the group’s assets. Subsequent to this, the board of directors has identified potential…

Dental practice in Abergele goes into voluntary liquidation

Arch Dental Ltd was founded in 2019 by Dr Razvan Cimpean and Dr Aimee Holloway, but Dr Cimpean had his name erased from the General Dental Council register in September 2023. Per Companies House, Dr Cimpean (also known as Dr Razvan Campeanu) then resigned as a director of Arch Dental in October 2023. A hearing…

Collapse of Ballarat builder leaves home projects unfinished | The Courier

In addition to those who have paid money for homes and building projects they have not received, suppliers, including local tradespeople, building professionals and other companies, are among the creditors who face losing hundreds of thousands of dollars. Read the original article here

IBC revisit needed, in law and practice – financialexpress.com

IBC revisit needed, in law and practice  financialexpress.com Read the original article here

Homeslice CVA plan approved by creditors – The Caterer

Homeslice CVA plan approved by creditors  The Caterer Read the original article here

End of line for Elindi empire as High Court places companies under final liquidation order – Informanté

End of line for Elindi empire as High Court places companies under final liquidation order  Informanté Read the original article here

Conversion Of Corporate Debtor To Private Company Can’t Be Denied On Grounds Of Pending SFIO Probe After Approval Of Resolution Plan: NCLT Mumbai

The National Company Law Tribunal (NCLT), Mumbai Bench of Sh. Prabhat Kumar (Technical Member) and Sh. Sushil Mahadeorao Kochey (Judicial Member)has held that an application for conversion of a company from a public limited company to a private limited company under an approved resolution plan cannot be rejected on the ground that prosecutions or SFIO…

End of the runway for Mango: Four years on, revival bid finally collapses – News24

End of the runway for Mango: Four years on, revival bid finally collapses  News24 Read the original article here

Successful Resolution Applicants Are Bound to Implement Resolution Plan Within Statutory Timelines or Face Consequences

Successful Resolution Applicants Are Bound to Implement Resolution Plan Within Statutory Timelines or Face Consequences | Image: Initiative Desk Analysis of TAGUDA PTE LTD V. STATE BANK OF INDIA & ANR. Hardeep Sachdeva, Abhyudai Singh, Swati Sharma & Damini Sinha The Insolvency and Bankruptcy Code, 2016 (“IBC“) establishes a comprehensive time-bound legislative framework, which has…

Administrators appointed to logistics business at risk of liquidation – TheBusinessDesk.com

Administrators appointed to logistics business at risk of liquidation  TheBusinessDesk.com Read the original article here