Cardiff hospital gym closes as firm running it set for liquidation – Wales Online
Cardiff hospital gym closes as firm running it set for liquidation Wales Online Read the original article here
Company ACB Group at centre of Derrimut industrial fires enters voluntary liquidation
The chemical company at the centre of two industrial fires in Melbourne’s west, including one that left a worker dead, has collapsed owing creditors more than $5.3 million. Reports from liquidator SV Partners into the failed ACB Group suggest the site of its factory remains an ongoing fire hazard, stating the EPA advised it posed…
Hospital gym closes as company behind it folds
CMC Sports and Social Club at University Hospital of Wales. Photo via Google Ted Peskett, local democracy reporter A hospital in Cardiff confirmed its gym has closed because the company which ran it is going into liquidation. The gym at University Hospital of Wales, called CMC Sports and Social Club, closed on Friday, January 31.…
North West insolvency-related activity reaches 12-month low, new R3 research shows – ManchesterWorld
North West insolvency-related activity reaches 12-month low, new R3 research shows ManchesterWorld Read the original article here
North West insolvency-related activity reaches 12-month low, new R3 research shows – Wigan Today
North West insolvency-related activity reaches 12-month low, new R3 research shows Wigan Today Read the original article here
Melbourne caravan maker goes bust – Herald Sun
Melbourne caravan maker goes bust Herald Sun Read the original article here
Supreme Court clarifies classification of debt | India
The Supreme Court of India, in China Development Bank v Doha Bank QPSC & Ors, held that the corporate debtor’s undertaking to discharge the liabilities of third parties under a deed of hypothecation (DoH) constitutes a guarantee under the Indian Contract Act, 1872 (ICA), and hence it can become a financial debt within the meaning…
Monthly Insolvency Statistics: November 2024
After seasonal adjustment, the number of registered company insolvencies in England and Wales was 1,966 in November 2024, 13% higher than in October 2024 (1,743) and 12% lower than the same month in the previous year (2,243 in November 2023). The number of company insolvencies remained much higher than those seen both during the COVID-19…
Robin Hood Energy collapse leaves £50m in unpaid bills, report finds
The collapse of an energy company set up by Nottingham City Council has left more than £50m of bills unpaid, a report on its final liquidation has found. The winding-up of Robin Hood Energy has been completed five years after it went into administration. It found there were 347 claims of owed money from individuals…
Constitution Of Project Management Committee Under Settlement Agreement Does Not Absolve Corporate Debtor From Repayment Obligations: NCLAT
The NCLAT New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Barun Mitra (Technical Member) and Mr. Arun Baroka (Technical Member) has held that any dispute even pending in the arbitration does not in any manner prohibit the financial creditor to take remedy under Section 7 of the code. It also held that the…