REVEALED: Latest business liquidations in Whitehorse – Herald Sun
REVEALED: Latest business liquidations in Whitehorse Herald Sun Read the original article here
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NCLT Sanctions Resolution Plan u/s 30(6) After NCLAT Upholds Asset Valuation and Creditor Protections u/s 30(2) [Read Order]
The National Company Law Tribunal (NCLT) approved the resolution plan under Section 30(6) of the Insolvency and Bankruptcy Code after the National Company Law Appellate Tribunal (NCLAT) upheld its compliance with the requirements of Section 30(2), including fair asset valuation and equitable treatment of creditors. An application was filed by Mr. Jalesh Kumar Grover, Resolution…
Sisters ‘key’ players in £67million debt plot over insolvency avoidance
Joanna Seawright, 54, who lives in Dumfries, and Karen Mortimer, 67, who now lives in Tenerife, were instrumental in a scheme allowing struggling firms to wind up without facing massive liabilities. Sisters Karen Mortimer (left) and Joanna Seawright have been banned as directors Two sisters have been named as “key” players in an insolvency avoidance…
Iconic Aussie business Spring Gully Foods collapses owing MILLIONS in ‘end of an era’ for owners
By OLIVIA DAY, ASSISTANT NEWS EDITOR, AUSTRALIA Published: 10:23 AEDT, 24 October 2025 | Updated: 11:11 AEDT, 24 October 2025 An Australian family-owned food business has collapsed into administration with $3.8million in debts, leaving dozens of employees in the lurch. Spring Gully Foods, a fourth-generation food manufacturer based in South Australia, is known for its…
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Manchester Pride goes into voluntary liquidation
The board of trustees for Manchester Pride, one of Europe’s biggest LGTBQ+ events has announced that it has entered voluntary liquidation. Originally reported by the Manchester Mill, the Manchester Pride organisers were hoping to secure funding from a successful bid to host Europride in 2028, but lost out to Limerick and Clare. The BBC also…
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