High Court dismisses winding-up petition against Kaisa – the standard: HK
High Court dismisses winding-up petition against Kaisa the standard: HK Read the original article here
Brisbane’s Craigslea Kindergarten placed into voluntary administration
This masthead previously revealed D’Souza had assumed control of the committee after a dispute led to the previous president, vice-president and secretary resigning in August. After the new committee removed the entire staff team, parents refused to send their kids to the kindy because they were concerned with the unfamiliarity of temporary staff. In Sunday’s…
Brisbane’s Craigslea Kindergarten placed into voluntary administration
This masthead previously revealed D’Souza had assumed control of the committee after a dispute led to the previous president, vice-president and secretary resigning in August. After the new committee removed the entire staff team, parents refused to send their kids to the kindy because they were concerned with the unfamiliarity of temporary staff. In Sunday’s…
India’s insolvency reform aims for speedy resolutions. Is it also good for value recovery?
Unlike the IBC’s usual corporate insolvency resolution process (CIRP), the CLRP is a proposed option under which the corporate debtor keeps management control while creditors work towards a time-bound resolution (150 days extendable by 45 days) under limited court oversight, which is helpful given today’s adjudicatory level delays. The bill also aligns with the World…
Meeting lifts lid on downfall
The creditors’ position would continue to “play out” through the administration process, Gammel said. “Were still hopeful of getting a sale away and parties are working very hard to do that,” he said. “The guys [at 1800 Lasagne] are still continuing to trade because they really believe in the business and want to keep it…
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PNC Infratech share price gains 2% on LoA worth Rs 495 crore — TradingView News
PNC Infratech share price added more than 2 percent in the early trade on September 22 following the company received LoA for a project in Bihar worth Rs 495.5 crore. At 09:25am, PNC Infratech was quoting at Rs 315.15, up Rs 8.15, or 2.65 percent, on the BSE. The company has received Letter of Acceptance…
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Australian Distilling appoints administrators – The Spirits Business
Old Young’s and Gingin Gin producer Australian Distilling has entered voluntary administration. Old Young’s s based in Swan Valley, in Western Australia The distillery is located in Swan Valley, near Perth in Western Australia, and trades as the three companies: Old Young’s, Juniper Society and Gingin Gin. Representing RSM Partners and National Directors Recovery and…