Highlights The National Company Law Appellate Tribunal has dismissed an insolvency petition against PepsiCo India Holdings, stating that the Insolvency and Bankruptcy Code cannot be used as a debt-recovery mechanism. The appellate tribunal upheld the earlier decision by the Chandigarh bench of the National Company Law Tribunal, which rejected SNJ Synthetics’s plea for initiating Corporate…
ICAI has suggested implementation of specialized measures to the challenges posed by defunct companies in the corporate insolvency resolution process (CIRP) and streamline the insolvency resolution process. The Insolvency and Valuation Standards Board (I&VSB) of the Institute of Chartered Accountants of India (ICAI) has released a study report on the efficacy of the Insolvency and…
Hudson’s Bay Company to auction historic artifacts amid liquidation CityNews Calgary Read the original article here
Kathrine Fredriksen leaves Avance Gas board as new directors brought in for liquidation TradeWinds Read the original article here
Aussie brides await delivery of gowns as luxury bridal brand enters administration Central Western Daily Read the original article here
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Roberts Co founder puts building empire into administration The Australian Read the original article here
By Wayne Robinson | 9 May 2025 Disgruntled Reacon company creditors CTRL Print and Printcraft have won the court battle to have Reacon Australia placed into liquidation. The fate of sister company mmw3degrees, currently in administration, will be decided on Friday. The Reacon companies have debts estimated to be around $9m. Reacon Group companies to…
Geelong NDIS provider goes bust owing $1.1m Geelong Advertiser Read the original article here
Posted by Paul McArdleWednesday 14th May 2025 9:59 AM Topic: 2025-04 Callide C3 clinker outage, 2025-05-08, Closure of Callide C In amongst my unofficial ‘Energy Week’ last week in Melbourne I’d also noticed the article ‘Czech energy tycoon Pavel Tykač lines up next move on Callide C power plant’ in the Australian’s Margin Call column…