Builder China South City Ordered to Liquidate by Hong Kong Court – Bloomberg.com
Builder China South City Ordered to Liquidate by Hong Kong Court Bloomberg.com Read the original article here
Auckland restaurant Dragon Boat goes into liquidation after 31 years – Stuff
Auckland restaurant Dragon Boat goes into liquidation after 31 years Stuff Read the original article here
Insolvency practice hires new director – will lead development of bankruptcy advice services – Insider Media Ltd
Insolvency practice hires new director – will lead development of bankruptcy advice services Insider Media Ltd Read the original article here
NCLT Admits Plea for Insolvency [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) admitted a Section 10 application filed by NAC Advertising India Private Limited and initiated the Corporate Insolvency Resolution Process (CIRP) against it, after finding that the company’s financial default was clearly established and above the threshold under Section 4(1) of the Insolvency and Bankruptcy Code,…
Auckland’s Dragonboat Restaurant goes into liquidation after 30 years, owes $1.4m
The business also faced higher trading and compliance costs, before it entered arrears with the landlord. The first report was unable to detail what assets the business had available for creditors other than a vehicle worth $29,294.67 and property, plant and equipment not subject to securities worth $16,369. Customers at Auckland’s Dragonboat Restaurant were still…
Reborn TRG business questioned as winding up procedures begin
According to Newscorp papers liquidators are scrutinizing a company run by the children of a collapsed truck repair group. Gold Coast business, Truck Repair Group (TRG) went into voluntary liquidation in December last year (see original Paint & Panel article here) owing money to a host of suppliers and contractors. Scott Hunter was director of…
Reborn TRG business questioned as winding up procedures begin
According to Newscorp papers liquidators are scrutinizing a company run by the children of a collapsed truck repair group. Gold Coast business, Truck Repair Group (TRG) went into voluntary liquidation in December last year (see original Paint & Panel article here) owing money to a host of suppliers and contractors. Scott Hunter was director of…
Hong Kong Court Orders China South City’s Liquidation
China South City Holdings Ltd, the largest Chinese property developer by assets to face court-ordered liquidation since China Evergrande Group, has been ordered to wind up by Hong Kong’s High Court, dealing another blow to already fragile investor confidence in the country’s real estate sector. Bloomberg reported that the ruling from Judge Linda Chan came…
Boosting Transparency in Corporate Insolvency
The Insolvency and Bankruptcy Board of India (IBBI) has introduced the Insolvency Resolution Process for Corporate Persons (Fifth Amendment) Regulations, 2025 (regulations). These make significant changes to the corporate insolvency resolution process (CIRP) and are in force from 4 July 2025. In particular, the amendments impose disclosure requirements for the information memorandum (IM). This document,…
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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…