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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…

Bad news for major Aussie caravan maker

Essential Caravans plunged into voluntary administration amid factory shake-up. A Victorian caravan maker that employs hundreds of people has gone into voluntary administration, with urgent efforts under way to fulfil customer orders. Essential Caravans appointed voluntary administrators Paul Allen and Glenn Franklin last week, 11 years after their first caravan rolled out the factory door.…

Unsecured creditors likely to get nothing from liquidation of construction company York Civil

Unsecured creditors of construction company York Civil are unlikely to see any returns from the business. Creditors voted unanimously to liquidate the company at its second creditors’ meeting on Monday afternoon. In a report provided to creditors, the company’s administrators, Martin Lewis and Timothy Mableson from accounting firm Ferrier Hodgson blamed York Civil’s failure on…

NCLT Orders Liquidation on 91.75% CoC Approval

Home/Corporate Laws/NCLT Directs Liquidation on 91.75% CoC Approval; Refuses to Appoint RP as Liquidator Under IBC Amendment Corporate LawsLaw Report NCLT orders liquidation after CIRP fails to yield a resolution plan, rejecting RP’s appointment under amended IBC provisions. Get the day’s tax rulings in your inbox × The case number, coram and counsel for this…

WhatsApp Brokers and 12-Month Liquidations: Meet the Startup Trying to Fix Egypt’s Small-Business Exit Crisis

CompanyExit and AppExit launch anonymous, self-serve marketplaces for small companies and digital assets, testing whether Egypt’s long tail of business owners can be brought into a formal sales process that has so far eluded them. Egypt’s startup ecosystem has spent the past five years building a credible exit record. The country now ranks first in…