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 Read the original article here
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 Read the original article here
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 Read the original article here
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…
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…
[HONG KONG] China Evergrande Group chairman Hui Ka Yan plans to refuse disclosing details of his assets, its liquidators said, likely complicating efforts to wind up the defaulted builder to pay back creditors. Hui expressed his intention in an Apr 23 response to the court, a lawyer representing the liquidators said in a Tuesday (Apr…
Ōrākei developer linked to liquidated firm accused of evading debt Business Desk NZ Read the original article here