A failed cafe has cost a Dunedin businessman his “entire life savings” and left his company owing nearly $500,000. Jonathan Lyons said the ongoing costs of running Copper on Highgate, which he bought in July last year, factored “100%” into the decision to liquidate his company. The cafe stopped trading in mid-April. “If we hadn’t…
Notice has since been issued that following a general meeting of the company, a special resolution was passed that Ross Labels Ltd would be wound up voluntarily; and an ordinary resolution was passed appointing the liquidator for the purposes of the winding-up. Read the original article here
Representative image (Picture credit: IANS) BENGALURU: The Supreme Court has admitted two appeals in the ongoing insolvency proceedings of Think & Learn, the parent entity of Byju’s. The appeals were filed by the company’s promoters and cricket body BCCI. The apex court has scheduled the next hearing for July 21.The cases stem from the insolvency…
Recap: Major Herefordshire company enters liquidation The Hereford Times Read the original article here
Troubled firm DJE sells downtown headquarters amid liquidation process The Business Journals Read the original article here
Company linked to outlet shopping centre enters liquidation: What we know so far The Hereford Times Read the original article here
Peter Stevens Motorcycles, one of the biggest motorcycle retailers in Australia, has become the latest victim of sluggish consumer demand, calling in the administrators to leave hundreds of jobs in limbo. The group, which has been operating for more than five decades, represents eight of the top 12 selling motorcycle brands in Australia, including Harley-Davidson,…
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Simon Madjie, CEO of Ghana Investment Promotion Centre Weak corporate governance remains a key cause of business failure in Ghana, Mr Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), has said. Speaking at a lecture organised by the Chartered Institute of Restructuring and Insolvency Practitioners (CIRIP), he attributed the issue to…
New Delhi, May 29 (PTI) The Insolvency and Bankruptcy Code has reshaped India’s credit culture by instilling financial discipline among borrowers and strengthening corporate governance practices, according to a research study conducted by the Indian Institute of Management, Bangalore. The study is based on the comprehensive draws on a wide dataset covering corporate insolvency resolution proceedings…