Smiths City administrators reopen stores for mass liquidation sale – BusinessDesk | NZ
Smiths City administrators reopen stores for mass liquidation sale BusinessDesk | NZ Read the original article here
From Telecom Titan To Fraud Tag: How Anil Ambani’s RCom Went To Bankruptcy And Fraud Cases From SBI, BoI, And BoB
Reliance Anil Ambani | Image: Republic RCom Loan Case: Reliance Communications Ltd. (RCom) and its former director Anil Ambani faced a fresh blow on September 5, 2025. Bank of Baroda declared its loan accounts as “fraud.” The bank clarified in an exchange filing that these loans were taken before RCom entered insolvency in 2019. The…
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Eight Smiths City stores to hold ‘significant’ liquidation sales
Eight of the nine Smiths City stores across the country are set to open for a “significant” liquidation sale, liquidators say. Earlier this week, the furniture and home appliance retailer went into voluntary administration. Administrators called for “urgent” expressions of interest for potential buyers of the business. Liquidators from BDO New Zealand announced liquidation sales…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…
Queensland company AGAT Business put into voluntary liquidation amid ASIC investigation – MSN
Queensland company AGAT Business put into voluntary liquidation amid ASIC investigation MSN Read the original article here
REVEALED: Latest business liquidations in Brisbane – The Courier Mail
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Restructuring Update Q2 2025 — Report – PwC Ireland
Restructuring Update Q2 2025 — Report PwC Ireland Read the original article here
Smiths City future still uncertain as administrators confirm ‘liquidation sale’ process underway
The fate of one of New Zealand’s most recognisable retailers remains uncertain after administrators confirmed Smiths City is entering ‘liquidation sale’ proceedings while they continue talks with potential buyers. Smiths City Limited, which operates nine stores nationwide and employs more than 110 staff, was placed into voluntary administration on Tuesday. The company’s administrators, Colin Gower…
Bank of Baroda Declares RCom And Anil Ambani Loan Accounts As ‘Fraud’
Bank of Baroda Declares RCom And Anil Ambani Loan Accounts As ‘Fraud’. | Image: Reuters Anil Ambani Bank of Baroda Case: In a significant development, Bank of Baroda has declared the loan accounts of Reliance Communications Ltd. (RCom) and its former director, Anil Ambani, as “fraud.” The bank has informed the stock exchange that this…