Supreme Court Backs INSCO in Landmark Ruling, Orders NCLT Kolkata to Approve Resolution Plan In Six Weeks BW Businessworld Read the original article here
The company was sold to an employee ownership trust four years ago The company was sold to an employee ownership trust four years ago
“The government has been positive about Webuild acquiring Roberts Co interest, and we are progressing as preferred candidate.” Loading Opposition leader Basil Zempilas said there was clearly a breakdown of due diligence that should have ensured the joint venture was safe, sound and reliable. “What we continue to see from the Cook Labor Government is…
Toys’R’Us ANZ Limited (ASX: TOY) has appointed Luke Andrews and Duncan Clubb of BDO Business Restructuring Pty Ltd as Voluntary Administrators, effective immediately. This decision comes after the company concluded that it could no longer pursue a solvent recapitalization plan, despite previous efforts and stakeholder support. The Board determined that the company is either insolvent…
Horses slaughtered, $15m debt as national logistics, racehorse group collapses The Australian Read the original article here
Customers of collapsed solar power company SolarZero say everyone is looking for a way out as they grapple with the high cost of buying their way out of contracts, a lack of the savings they were promised on their power bills, and the disconnection of a free customer service line. The country’s largest solar power…
Major healthcare provider files for Chapter 7 liquidation MSN Read the original article here
Melbourne based audio and home entertainment retailer Hollywood Cinema Store has been placed into liquidation as the specialist audio market struggles to survive in a changing market. The Victorian business which has been struggling for some after being restructured back in 2019 was operating two stores, what’s not known at this stage is the total…
Former world darts champion Rob Cross has been disqualified as a director after his company failed to pay more than £450,000 in tax The Insolvency Service also found Cross withdrew more than £300,000 from Rob Cross Darts Limited between March 2020 and November 2023 that should have gone to creditors Cross has now been banned…
A former darts world champion has been banned as a company director for five years. Rob Cross, who lived in Hastings, was banned after his company failed to pay a large tax bill. The 2018 world champion set up Rob Cross Darts Limited in May 2017 to receive prize money but it was liquidated in 2023. During that time…