Work has resumed at 11 State Circle, Forrest. Photo: Ian Bushnell. Recent court action has confirmed that prominent Canberra developer Keggins has collapsed, with a liquidator appointed to a third company in the group. Region first reported in March that Keggins was in trouble after work on a high-profile luxury townhouse project at a prestigious…
Bloom Dekor’s Creditors Approve Key Resolutions Amid Ongoing Insolvency Process scanx.trade Read the original article here
In the landmark case of Saranga Anilkumar Aggarwal v Bhavesh Dhirajlal Sheth and Ors, the Supreme Court held that insolvency proceedings under section 96 of the Insolvency and Bankruptcy Code, 2016 (IBC), cannot stay penalty actions under the Consumer Protection Act, 1986 (CPA). An interim-moratorium in force under section 96 of the IBC does not…
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