[SINGAPORE] Private members’ club 1880 suddenly announced its permanent closure effective Tuesday (Jun 17), with its holding company 38 Degrees and operating company 1880 Pte Ltd placed into provisional liquidation. This follows the sudden closure of its Hong Kong branch on May 30. In an announcement to members, founder Marc Nicholson said the club and…
Esel’s Mwave business has been sold to the digiDirect Group following its entry into voluntary administration and plans to maintain business as usual. Founded in 2005 by current CEO Shant Kradjian, the digiDirect Group consists of several brands, including consumer electronics retailer digiDirect, online bookstore Booktopia, and various other businesses across health and wellness, hospitality,…
Busted Burnie accounting firm owes millions to creditors: Liquidator finds The Advocate | Burnie, TAS Read the original article here
NCLT has powers to direct probe into company’s affairs in insolvency matters, says NCLAT MSN Read the original article here
NCLT has powers to direct probe into company’s affairs in insolvency matters, says NCLAT MSN Read the original article here
Appellate tribunal NCLAT has clarified that the National Company Law Tribunal (NCLT) can order an investigation into the affairs of a company by probe agencies in cases related to the Insolvency & Bankruptcy Code by exercising its power under the Companies Act. The NCLAT order came on May 15 over a plea filed by Max…
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Plant-based dairy brand, Little Island Creamery, in liquidation Stuff Read the original article here
The $96,000 migrant worker penalty that wasn’t paid, and likely never will be Stuff Read the original article here