REVEALED: Latest business liquidations in Darebin – Herald Sun
REVEALED: Latest business liquidations in Darebin Herald Sun Read the original article here
REVEALED: Latest business liquidations in Darebin Herald Sun Read the original article here
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The Insolvency and Bankruptcy Code, 2016, envisages a robust mechanism for the maximization of the value of the assets of a corporate debtor, empowering the resolution professional to seek the avoidance of inherently detrimental transactions. Among these, undervalued transactions under Section 45 form a critical category, requiring meticulous judicial scrutiny to differentiate between legitimate commercial…
The interplay between insolvency law and tax recovery has generated considerable judicial debate, particularly after the Supreme Court’s decision in State Tax Officer v. Rainbow Papers Limited. The Madras High Court, in Avenue Realty v. Assistant Commissioner, Srirangam (GST Circle) and Others (W.A.(MD) No.2662 of 2025 and C.M.P.(MD) No.15106 of 2025, decided on 17 April…
An Australian travel company selling heavily discounted international holidays has collapsed, leaving customers scrambling and their plans in disarray. Today, liquidators were appointed to Melbourne-based agency AVG Travels, which promoted cut-price flight and tour packages to destinations across the world. It followed days of growing concern for customers who had reported their tours being cancelled…
– Three properties linked to property flipper Ashley Dean Binnie are listed as mortgagee sales. – The sales follow the liquidation of Binnie’s companies, which owed over $2 million to creditors. – The properties include two ex-state houses in Palmerston North and a renovated cottage in Mangakino. Three properties linked to high-profile property flipper and…
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‘Still more to come’: changes on the way for RSL after administration The Standard | Warrnambool, VIC Read the original article here
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