The boss of a collapsed building company may have transferred $2.5 million to its boss as a “director’s loan” in the months before the business went bust, according to the liquidator left to wade through the mess. That figure is more than the total money owed to creditors. Victorian construction firm Area Projects Pty Ltd…
No Bar On Corporate Debtor From Contesting Application U/S 9 Of IBC Even If No Reply Is Given To Demand… Live Law – Indian Legal News Read the original article here
Isle of Wight company Glazing the Island has entered voluntary liquidation, owing tens of thousands of pounds to businesses. Southampton-based firm Quantuma has been appointed to oversee the liquidation process, as of February 12. According to Companies House, the double glazing installer, based at Somerton Industrial Estate, Cowes, has a deficit of £266,140, £194,000 of which is owed…
Southampton-based firm Quantuma has been appointed to oversee the liquidation process, as of February 12. According to Companies House, the double glazing installer, based at Somerton Industrial Estate, Cowes, has a deficit of £266,140, £194,000 of which is owed to 43 companies, comprising of Island businesses and banks. A total of £105,152 is owed to Glazing the Island’s…
A scandal-hit stage engineering contractor is facing potential liquidation after being implicated as one of the three firms accountable for injuring three dancers in 2022 at Cantopop boy band Mirror’s concert. The mainland-based creditor of Hip Hing Loong Stage Engineering Company on Friday filed a case with the city’s High Court for the firm to…
Major construction company goes into voluntary administration MSN Read the original article here
Stoke-on-Trent pottery firm files for liquidation with debts of at least £850k Stoke-on-Trent Live Read the original article here
Delhi High Court: A petition was filed by Bhushan Power and Steed Limited under Article 226 read with Section 482 of Criminal Procedure Code (CrPC) seeking quashing of case filed under Section 3 and 4 of the Prevention of Money Laundering Act, 2002 (PMLA) and all consequential proceedings arising out of or emanating therefrom including…
Thursday, 17 October 2024 King’s Inns CHECK AGAINST DELIVERY Opening remarks Thank you, Ian (Drennan), for your introduction and warm welcome. Good morning, everyone – it is a privilege to be here with you today, at the Corporate Enforcement Authority’s (CEA) second annual conference. I am delighted to be back again at…
Doha – Business insolvencies in Morocco are expected to increase over the 2024-2025 period, according to a recent global report from Allianz Trade. Titled “Global Insolvency Outlook: The ebb and flow of the insolvency wave,” the document places Morocco among the countries experiencing a “noticeable increase” in situations where companies are unable to meet their…