The study is the first large scale analysis of Members’ Voluntary Liquidations (MVLs) outcomes in England and Wales. A Members’ Voluntary Liquidation is a formal process used by solvent companies that have reached the end of their useful life. The research was commissioned to improve understanding of the MVL landscape. The research looked at 2,309…
NCLT reserves order on AF Enterprises CIRP proceedings scanx.trade Read the original article here
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REVEALED: Latest business liquidations in Scenic Rim The Courier Mail Read the original article here
Warrington company collapses after more than 35 years Warrington Guardian Read the original article here
The Ahmedabad Bench of the National Company Law Tribunal (NCLT) on 17 June held that insolvency proceedings against a corporate guarantor cannot be made conditional on the realisation of assets of the principal borrower and reaffirmed that a guarantor’s liability remains co-extensive with that of the principal debtor under Section 128 of the Indian Contract…
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YOUNGSTOWN, Ohio (WKRC) – An iconic Ohio baking company will liquidate after more than 100 years in business. According to media outlets in Youngstown, Ohio, Schwebel Baking Company will begin “winding down operations” in “an orderly fashion through the balance of summer” in a liquidation process that will include the closing of its bakery in…