FRP Advisory Group reports director’s role in Burrington Estates liquidation – Investing.com Australia
FRP Advisory Group reports director’s role in Burrington Estates liquidation Investing.com Australia Read the original article here
Section 347(5) Of The Companies Act, 1973 Prohibits A Court From Granting A Winding Up Order If Another Court Has Already Granted A Provisional Winding Up Order – Corporate and Company Law
In a recent judgment, the Supreme Court of Appeal (“SCA“) considered whether an appellate court can grant a final winding-up order in a proceeding against a company, where another court has already granted a provisional order against the same company. The appeal was brought by by Resilient Rock (Pty) Ltd (“Resilient“) against Voltex (Pty) Ltd…
FRP Advisory Group reports director’s role in Burrington Estates liquidation By Investing.com – Investing.com UK
FRP Advisory Group reports director’s role in Burrington Estates liquidation By Investing.com Investing.com UK Read the original article here
FRP Advisory Group Updates on Director’s Role in Burrington Estates Liquidation – TipRanks
FRP Advisory Group Updates on Director’s Role in Burrington Estates Liquidation TipRanks Read the original article here
NCLAT rejects insolvency appeal against DLF over ₹4.65 crore dues
The NCLT in its detailed judgment dated January 10 found that DLF had raised repeated concerns about quality, delay and site conduct starting as early as December 2021, much before Drilltech issued the statutory demand notice under Section 8 of IBC on July 1, 2022. DLF had also issued a formal show cause notice on…
Grant Thornton strengthens Insolvency, Forensics and Restructuring team in Scotland – The Scotsman
Grant Thornton strengthens Insolvency, Forensics and Restructuring team in Scotland The Scotsman Read the original article here
Australia’s environmental not-for-profit Planet Ark goes into voluntary administration
Planet Ark Environmental Foundation, one of Australia’s largest environmental non-for-profits, has entered voluntary admission following a board review of the organisation’s “financial position and future viability”. What is voluntary administration? Have you also been pretending you know what voluntary administration actually means? Don’t worry. We asked an expert to explain in simple terms. The organisation’s…
Northern Ireland healthy ready meal firm goes into liquidation due to 'rising production costs and broader economic pressures' – Belfast News Letter
Northern Ireland healthy ready meal firm goes into liquidation due to ‘rising production costs and broader economic pressures’ Belfast News Letter Read the original article here
In case of emergency: Using emergency power provisions to appoint a voluntary administrator
When a company becomes financially distressed, directors are often required to act quickly and decisively. However, directors may at the same time find themselves held back by the requirements of the Corporations Act 2001 (Cth) (the “Corporations Act”) or their company constitution. Whilst it is not unusual for financially distressed companies to grapple with matters…
NCLAT rejects insolvency appeal against DLF over ₹4.65 crore dues
The National Company Law Appellate Tribunal (NCLAT) on Thursday dismissed an appeal filed by Drilltech Engineers challenging the National Company Law Tribunal (NCLT) Chandigarh Bench’s rejection of its insolvency plea against real estate major DLF. A coram of Chairperson Justice Ashok Bhushan and comprising Technical Members Barun Mitra and Arun Baroka held that the existence…