Esel’s Mwave business has been sold to the digiDirect Group following its entry into voluntary administration and plans to maintain business as usual. Founded in 2005 by current CEO Shant Kradjian, the digiDirect Group consists of several brands, including consumer electronics retailer digiDirect, online bookstore Booktopia, and various other businesses across health and wellness, hospitality,…
Busted Burnie accounting firm owes millions to creditors: Liquidator finds The Advocate | Burnie, TAS Read the original article here
NCLT has powers to direct probe into company’s affairs in insolvency matters, says NCLAT MSN Read the original article here
NCLT has powers to direct probe into company’s affairs in insolvency matters, says NCLAT MSN Read the original article here
Appellate tribunal NCLAT has clarified that the National Company Law Tribunal (NCLT) can order an investigation into the affairs of a company by probe agencies in cases related to the Insolvency & Bankruptcy Code by exercising its power under the Companies Act. The NCLAT order came on May 15 over a plea filed by Max…
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Plant-based dairy brand, Little Island Creamery, in liquidation Stuff Read the original article here
The $96,000 migrant worker penalty that wasn’t paid, and likely never will be Stuff Read the original article here
Sustainable fashion brand Hemper has filed for creditor bankruptcy and liquidation due to insolvency. The Madrid-based company also presented a bid for the acquisition of some of its assets. In an official statement released June 16, 2025, Hemper’s management announced the company’s bankruptcy filing. The sustainable fashion and accessories brand, which specialises in showcasing hemp…