The Supreme Court upheld the ruling of National Company Law Tribunal ( NCLT) that The Insolvency and Bankruptcy Code, 2016 (IBC) moratorium does not prevent the corporate debtor from voluntarily turning over leased property to the lessors if doing so is deemed unfeasible and endorsed by the Committee of Creditors (“CoC”). Sincere Securities Private Limited…
Attention, Our system has indicated that your user behaviour is potentially automated. News Group Newspapers Limited does not permit the access, collection, text or data mining of any content from our Service by any automated means whether directly or through an intermediary service. This is stated in our terms and conditions. If you would like…
A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. Find out more about our policy and your choices, including how to opt-out.Sometimes our articles will try to…
Hundreds sacked in $42m company collapse The Australian Read the original article here
Aussie trucking company plunges into liquidation, leaving 200 without jobs MSN Read the original article here
Australian organic certification business enters voluntary administration Stock Journal Read the original article here
Foundry goes into liquidation: Falkirk area firm wound up after 200 years in business Falkirk Herald Read the original article here
XL Express has gone into liquidation Millions owed to staff, creditors and the tax office Do you know more? Email [email protected] By KYLIE STEVENS, SENIOR BREAKING NEWS REPORTER, AUSTRALIA and NICHOLAS COMINO, NEWS REPORTER, AUSTRALIA Published: 09:46 AEST, 7 August 2025 | Updated: 11:49 AEST, 7 August 2025 Two hundred jobs have been lost in…
A national trucking company has been plunged into liquidation after 35 years in business, leaving about 200 employees without jobs. XL Express went in administration in June with administrators FTI Consulting appointed to review the company’s finances and assess its viability. The Brisbane-based company was founded in 1990 and expanded with depot and facility locations…
National trucking company XL Express has gone into liquidation, owing more than $40m in estimated debts. Picture: Supplied National transport and logistics company XL Express has gone into liquidation after 35 years in business. It has collapsed owing almost $42m in estimated debts, with about 200 employees to be left without jobs. The Brisbane-based trucking…