Recently, the Supreme Court of India answered a crucial question of whether an entry made in the balance sheet of a company can be classed as a de-facto acknowledgment of debt as stipulated in Section 18 of the Limitation Act, 1963, thus giving a further extension concerning the timeline of application as assigned under Section…
Iconic Gold Coast wetsuit maker faces liquidation wipe-out amid $1.5m debt The Courier Mail Read the original article here
Timaru plumbing company in liquidation The Press Read the original article here
Popular Auckland cafe chain had $640k tax bill before liquidation Stuff Read the original article here
The Supreme Court on Thursday recalled its recent order that set aside a Rs 19,700 crore resolution plan submitted by JSW Steel Limited for Bhushan Power and Steel Limited (BPSL) and ordered liquidation of the beleaguered company. “Prima facie we are of the view that the impugned judgment does not correctly consider the legal position…
Subsidiaries of collapsed healthcare firm set to go into liquidation Isle of Man Today Read the original article here
Bowen Coking Coal Limited (ASX:BCB), along with its subsidiaries Bowen PCI Pty Ltd and New Lenton Coal Pty Ltd, have entered receivership. Bowen Coking Coal is an Australian company focused on developing coking coal projects. The company’s portfolio includes a range of assets and strategic initiatives aimed at capitalising on the growing demand for high-quality…
Quirky Wars, the production company behind director Luke Sparke’s 2023 Queensland-shot mob thriller Bring Him to Me, has entered voluntary administration. According to a public notice from the Australian Securities and Investments Commission (ASIC), David Michael Stimpson, of specialist accounting and advisory firm SV Partners, was appointed as administrator on July 21 under section 436A…
NEW DELHI: In a dramatic yet decisive reversal, Supreme Court Thursday annulled its May 2 judgment ordering liquidation of Bhushan Power and Steel Ltd, which had been revived in 2021 by the Sajjan Jindal-led JSW through a Rs 20,000 crore plan concurrently upheld by NCLT and NCLAT under Insolvency and Bankruptcy Code process.Unabashedly admitting that…
To print this article, all you need is to be registered or login on Mondaq.com. Indian economy | Snapshot of key indicators HIGHLIGHTS In June 2025, retail inflation (CPI) dropped to 2.1%, while WPI inflation (–0.13%) and food inflation (CFPI) (–1.06%) turned negative – all marking a 6-year low since January 2019. Highest…