PUTRAJAYA (July 7): Company directors can be held accountable for paying Employees Provident Fund (EPF) debts incurred if a company is not named by the EPF, said the Federal Court. Newly-retired Court of Appeal president Tan Sri Abang Iskandar Abang Hashim said this in a written judgment released on his last day before retirement (July…
The company behind a $1.5 billion plan to build the world’s largest prawn farm on a remote Northern Territory cattle station will be liquidated following a failed appeal in the Federal Court. In February, the court found Seafarms subsidiary Project Sea Dragon had been insolvent since at least June 2020 with the judge ordering liquidators…
Kate Moss’s Wellness Brand Cosmoss Enters Voluntary Liquidation Global Cosmetics News Read the original article here
The recent Supreme Court order on the Bhushan Power and Steel (BPSL) has made it legally tenable for the Enforcement Directorate (ED) to re-attach the company’s assets and continue its probe, legal experts told FE. However, it is for the agency to decide whether to exercise the option at this stage, given that a review…
In a bid to make resolution plans more transparent, the Insolvency and Bankruptcy Board of India (IBBI) has amended its regulations, whereby avoidance transactions must be disclosed upfront in the Information Memorandum prepared by the corporate debtor’s resolution professional. Avoidance transactions include undervaluation, fraud, overvaluation, preferential diversion or a combination of some of these. Now,…
Glencore Has Ownership Clause for Troubled UK Refinery Lindsey Bloomberg.com Read the original article here
Announcement of the commencement of liquidation – NP Bar Bilje and KZB Bashkimi” NEWS Express newspaper 07/07/2025 15:39 NOTICE TO ALL CREDITORS AND OWNERS OF ENTERPRISES PLACED IN THE LIQUIDATION PROCESS BY THE KOSOVO PRIVATIZATION AGENCY The Board of Directors of the Privatization Agency of Kosovo has approved the initiation of the… Read the original…
Begbies Traynor Group promotes new director in Yorkshire Yorkshire Evening Post Read the original article here
Dartbrook coal mine. Image: Australian Pacific Coal The Dartbrook coal mine in New South Wales has been placed into voluntary administration and receivership after making its return to operations in late 2024. Situated in the Hunter Valley region, the Dartbrook coal mine is an 80:20 joint venture between Australian Pacific Coal and Tetra Resources. On…
An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: 7f6aa3c5a3fdc860df419596dcc72ce3, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-07-07T11:19:22.672755004+00:00 Read the original article here