Murray & Roberts Holdings has received a final liquidation order from the Gauteng High Court, marking the end of the road for the 123-year-old company. In an update to shareholders, the group said that Theo van den Heever has been appointed as the provisional liquidator. With the trading of the company’s shares on the JSE…
REVEALED: Latest business liquidations in Monash Herald Sun Read the original article here
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In a recent ruling, the National Company Law Appellate Tribunal (NCLAT), Principal Bench in New Delhi, dismissed an appeal filed by Sarang Kumar Wadhawan, a shareholder of Privilege Power Infrastructure Limited (PPIL), and upheld the initiation of the Corporate Insolvency Resolution Process (CIRP) for a default of over Rs. 138 crore. The appeal was against…
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