Suspended management is unable to release corporate debtor funds after Comencement of CIRP without IRP authorization: NCLAT [Read Order] Taxscan Read the original article here
The IBBI has notified amendments to the regulations governing corporate insolvency, aiming to streamline procedures, protect creditor interests, and encourage greater investor participation in resolution processes. The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency Resolution Process for Corporate Persons Fourth Amendment regulations, 2025 on May 26, according to a release. Among the…
Konvoy NZ in liquidation with $8.37m debt; sale talks continue BusinessDesk | NZ Read the original article here
All staff redundant as Scottish coach and tour company in liquidation The Herald Read the original article here
GFG Alliance has placed its subsidiary company which formerly operated the Whyalla port into administration, after the state government intervened in an ownership dispute over the facility. The company, Whyalla Ports Pty Ltd, was embroiled in a Federal Court case launched by Whyalla steelworks administrators KordaMentha, which wants control of the port so it can…
GFG puts Whyalla port company into administration after government intervention MSN Read the original article here
Whyalla ports plunge into administration The Advertiser Read the original article here
Liquidation sale response sparks optimism for Jeanswest’s online-only future Inside Retail Australia Read the original article here
Highlights Toys R Us ANZ (ASX:TOY) enters voluntary administration after recapitalisation plans fail Business restructuring partners from BDO appointed as administrators ASX 200 maintains steady performance despite retail sector disruption The retail segment on the ASX was in focus after Toys R…
McPhy: An Update on the Company’s Situation Hydrogen Today Read the original article here