National Company Law Tribunal, Chandigarh: In an instant application filed by the applicant, under Section 59, 60(5) and other applicable provisions of the Insolvency and Bankruptcy Code, 2016 (IBC), read with Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 (‘Voluntary Liquidation Regulations’) for withdrawal of voluntary liquidation of the Company, the Bench…
Government announces support for Bedford following yesterday’s voluntary administration announcement Glam Adelaide Read the original article here
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Disability employment provider Bedford is hoping the federal government will throw it a financial lifeline to avoid the company entering voluntary administration. But Minister for Health, Ageing and Disability Mark Butler has warned the government does not usually put taxpayer money into a “failing organisation”. In a statement on Thursday, Bedford said it would enter…
Key grocery brand files Chapter 7 bankruptcy, plans liquidation MSN Read the original article here
This week’s TGIF considers the recent decision of the Federal Court of Australia in Blundell, in the matter of Reacon Australia Pty Ltd (in liquidation) [2025] FCA 758. Key takeaways Liquidation is not the end of the road. If a company can demonstrate that it is solvent again, and has a solid plan for staying…
Recent court decisions, including one involving Mainzeal, have set legal precedents that have spilled over into corporate governance. Photo: CC BY-SA 3.0 / Schwede66 Legal, economic and litigation uncertainties are increasing risks for directors. Directors and officers insurance (D&O) claims are expected to rise. Ninety-five percent of directors now have liability insurance. Climate and AI…
Leiden University has published a research report on the working of the Temporary Act on the Transparency of Fast-track Liquidation in the Netherlands. The Act aimed to facilitate faster and more transparent business termination. Has this been achieved? Fast-track liquidation is the term for the rapid procedure for the dissolution and termination of a legal…
A Long Eaton-based manufacturer, has entered liquidation alongside its sister company Stevenson & Key (Frames) Limited, leaving creditors facing an estimated shortfall of £2.2m. © Andrew Paul Furniture Ltd Appointed on 9 July 2025, joint liquidators Michael Roome and Jamie Playford of…
The company is to be put into compulsory liquidation 13:40, 24 Jul 2025Updated 14:28, 24 Jul 2025 Police and forensics teams near Dunkeswell Airfield(Image: Mark Passmore / SWNS) A Devon skydive company has announced it has ceased trading – just over a month after two people died when their parachutes failed to open. Skydive Buzz…