The former owner of a defunct Otago engineering firm who fled New Zealand and left his shareholder account more than $1.5 million overdrawn has disputed he needs to pay it all back. Liquidators are seeking legal advice about how the money might be retrieved. Dart Engineering was put into liquidation in March this year, owing nearly…
PALO ALTO, Calif., Sept. 29, 2026 /PRNewswire/ — Spark I Acquisition Corporation (the “Company”) (OTC: “SPKLF”) today announced that it has agreed to contribute a one-time deposit into the Company’s trust account (the “Additional Contribution”) in the amount of $0.10 per each Class A ordinary share of the Company originally included in the units sold…
Sales of all remaining properties have now been completed Board approves declaration of $1.74 per share additional liquidating distribution Delisting from NYSE anticipated to occur in early November 2026 BETHESDA, Md., Sept. 29, 2026 (GLOBE NEWSWIRE) — Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today provided an update on its ongoing liquidation activities, including…
Elme Communities Provides Update On Liquidation Activities GlobeNewswire Read the original article here
Game of Thrones star steps in to ‘save’ Aberdeenshire castle that’s been in wife’s family for centuries Press and Journal Read the original article here
Iran war pushes Brisbane tech firm into administration with $1.3m debt The Courier Mail Read the original article here
REVEALED: Liquidator appointments for businesses in the Canterbury-Bankstown council area for September 29 The Daily Telegraph Read the original article here
ATO Garnishee Notices in Voluntary Administration JD Supra Read the original article here
Home/Corporate Laws/NCLT admits Insolvency plea over ₹5.94 Cr Debt, Finds ₹1.44 Cr Default above Statutory Threshold [Read Order] Corporate LawsLaw Report NCLT admitted CIRP after finding genuine debt, ₹1.44 crore default, complete petition, and no ineligibility. Headnote⁂ NATIONAL COMPANY LAW TRIBUNAL DIVISION BENCH Citation 2026 TAXSCAN (NCLT) 295 Case No. CP(IB)/111(CHE)/2024 Court National Company Law…
The Supreme Court has held that the absence of an express forfeiture provision in the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 is not decisive where the e-auction notice specifically permits forfeiture upon failure to pay the balance sale consideration. The Court accordingly upheld the forfeiture of ₹6.39 crore, comprising the Earnest…