A Christchurch courier company has buckled under financial pressure, owing creditors more than $1.2 million and leaving staff out of pocket. NJ & MS Holdings Ltd owes about $586,000 to Inland Revenue (IRD) and just over $632,000 to unsecured creditors, while staff claims are nearly $35,000. The company, trading as Point to Point, was placed…
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Judge Orders Liquidation of Infowars to Pay Sandy Hook Families The New York Times Read the original article here
Murray & Roberts has announced that, after over a century of operation, one of its creditors has instituted liquidation proceedings, marking the end of the road for the iconic South African construction company. Founded in 1902, Murray & Roberts is one of South Africa’s oldest companies and has played a pivotal role in building the…
Insolvency resolution timeline shrinks by 2 months since March MSN Read the original article here
Legal fight hots up as Mastercard Foundation axes R2bn deal in SA News24 Read the original article here
Slovenia’s Splosna Plovba goes into liquidation – report seenews.com Read the original article here
DJK provided transport services locally and interstate. Image: Anna/stock.adobe.com Sydney-based DJK Transport has called time on operations after 57 years in business. According to an ASIC notice, DJK Transport, A K G Trucking and Round Em Up Transport all went into voluntary liquidation on Friday, August 8, after a restructuring practitioner was appointed in…
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has abated the Service Tax appeal filed by the Department, noting that the company is under liquidation and no application for continuance has been made by the official liquidator. The assessee-respondent, Vasan Dental Hospitals Private Limited, was engaged in providing dental related…
Cornell Diesel Systems has been around for over 50 years. Image: Supplied One of Australia’s leading diesel systems specialists has entered administration, leaving hundreds of staff facing an uncertain future. A total of 23 companies under the Cornell and MTQ Group entered voluntary administration late last month with unknown debts. The most well-known trading entity,…