The Revenue Commissioners has failed to have its nominee appointed as liquidator over the Killarney Brewing and Distilling company (KBD). The business, which announced to staff last week it would cease production at its two plants with the loss of 50 jobs, was formally wound up by Justice Michael Quinn in the High…
The Supreme Court on Monday upheld the National Company Law Appellate Tribunal’s (NCLAT) order rejecting the appeals filed by the Board of Control for Cricket in India (BCCI) and Byju’s co-founder Riju Raveendran seeking withdrawal of insolvency proceedings initiated against the embattled edtech company. A bench comprising Justices J.B. Pardiwala and R. Mahadevan dismissed the…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…
A property development company owned by Auckland Mayor Wayne Brown’s chief of staff, Jaswant Sailendra Singh (also known as Jazz), has gone into liquidation owing $570,000 in tax, a development of which the mayor was reportedly unaware, Newsroom has reported.
Travel ‘wizard’ makes couple’s holiday and deposits ‘disappear’ thepost.co.nz Read the original article here
SINGAPORE – After 13 years, Proof & Company Spirits – the Singapore-based distribution arm of independent spirits company Proof & Company – has entered provisional liquidation. It cited closures in the food and beverage scene (F&B) as a reason for its decision to close. “The decision follows a period of mounting challenges for the F&B…
Singapore-based distributor Proof & Company Spirits has gone into liquidation, citing ‘mounting challenges’ for the region’s hospitality sector. Proof & Company Spirits in Singapore has gone into liquidation The move was also attributed to the closure of some of the company’s longest-standing restaurants and bars. The decision, supported by the board of directors, shareholders and…
The National Company Law Tribunal (NCLT), Guwahati Bench of Mr. Rammurti Kushawaha (Judicial Member) and Mr. Yogendra Kumar Singh (Technical Member) has held that in the absence of the Liquidator’s fees being fixed by the Committee of Creditors (CoC) at the time of recommending liquidation under Section 33 of the IBC, and subsequently by the…
The Supreme Court on Monday dismissed pleas filed by the BCCI and Riju Raveendran — brother of Byju Raveendran | X @np_nationpress New Delhi: The Supreme Court on Monday dismissed pleas filed by the BCCI and Riju Raveendran — brother of Byju Raveendran — seeking withdrawal of insolvency proceedings against Byju’s and to consider the…
The recent decision of the Hon’ble National Company Law Tribunal, Mumbai Bench, in the case concerning Rolta India Limited (Corporate Debtor herein), wherein it upheld the right of the Bank of India (Financial Creditor) to classify the Corporate Debtor’s account as “fraud” during the pendency of the Corporate Insolvency Resolution Process (CIRP), has given rise…