Vinyl Me, Please has given an update on the future of the company. The vinyl subscription service was launched in 2012, becoming a huge favourite with music fans. Running a number of themed monthly drops – from hip-hop to classic fare, via new releases – Vinyl Me, Please expanded quickly. A proposed pressing plant seemed…
Part 1 of the 2023 edition of R+I In Brief explores restructuring and insolvency developments in Australia in FY22/23. Overview Despite the challenges flowing from increasing global inflation and supply chain disruptions, the Australian economy has to date remained resilient and a technical recession has been avoided in 2023. However, after many years of historically…
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Richmond’s heritage-listed Kingston Hotel has sunk into insolvency following an ATO wind-up order and rapid sale campaign. Located only a few minutes from Melbourne’s CBD, the Kingston, one of the city’s most historic pubs, was established in the 1850s. In the 1970s it was instrumental in the movement that saw inner-city pubs championing live music,…
Invent Assets Securitisation & Reconstruction Private Limited, a financial creditor of the Reliance Housing Finance Limited has filed a Petition under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016, against the Company before the National Company Law Tribunal, Mumbai bench for a claim amount of ₹ 7,80,98,017/- (including interest). Section 7 of the…
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AMSC ASA Lysaker, 5 May 2025 AMSC ASA (under liquidation) (AMSC) currently holds 91,422,601 shares in Solstad Maritime ASA (SOMA), equalling approximately 19.6% of the shares in the company. SOMA has today published its 2025 first quarter results, which can be found on https://newsweb.oslobors.no/message/645222. On 24 April 2025, the annual general meeting of AMSC resolved…
The UK Supreme Court’s recent decision in El-Husseini and another v Invest Bank PSC [2025] UKSC 4 has clarified the circumstances in which section 423 of the Insolvency Act 1986 (the Act) provides protection against attempts by debtors to “defeat their creditors and make themselves judgment-proof.” This is a critical decision for insolvency practitioners, any corporate…
By Market Capitalisation.Net Sales.Net Profit.Total Assets.Excise.Other Income.Raw Materials.Power & Fuel.Employee Cost.PBDIT.Interest.Tax.EPS.Investments.Sundry Debtors.Cash/Bank.Inventory.Debt.Contingent Liabilities. Screen Crit AbrasivesAerospace & DefenceAgricultureAir ConditionersAirlinesAluminium & Aluminium ProductsAmusement Parks/Recreation/ClubAquacultureAuto AncillariesAuto… Read the original article here
Food delivery aggregator Zomato may face an insolvency plea as one of its operational creditors has moved the National Company Law Tribunal (NCLT), seeking restoration of its previous petition. Nona Lifestyle Pvt Ltd, an operational creditor, has moved NCLT requesting to restore an insolvency plea filed by it earlier against Zomato Ltd under Section 9…