Byju’s corporate insolvency resolution process (CIRP) disclosed important claims made by workers. These workers are demanding unpaid debts. Together, these workers—who are also operational creditors, have submitted claims totaling ₹177.5 crore. However, Pankaj Srivastava, is the selected dispute resolution professional (RP). He has only provisionally admitted a small portion of these claims₹32.56 crore. Breakdown of…
Revenue asks the High Court to wind up third company linked to troubled BlackBee investment group MSN Read the original article here
Revenue is asking the High Court to wind up a third company that is linked to the troubled Cork-based BlackBee investment group. Mr Justice Oisín Quinn on Monday agreed to adjourn Revenue’s petition for four weeks after hearing that the Corporate Enforcement Authority (CEA) wants to file an affidavit in the case. No details of…
Young family left homeless after caravan company collapses MSN Read the original article here
Exclusive: Records show Beauvoir Developments Ltd has agreed to be wound up The company behind the Liverpool Hooters restaurant has filed for liquidation. The venue in Water Street was closed today (Monday). The company behind Liverpool’s controversial Hooters restaurant has gone into liquidation. The controversial US-restaurant chain has been operating in Liverpool since a licence…
Failed companies behind home building firm owe about $2.5m Stuff Read the original article here
With business insolvencies on the rise across the province, Dentons’ Vancouver Restructuring, Insolvency and Bankruptcy group is also expanding, adding material strength and expertise VANCOUVER, B.C., January 13, 2025 — Amid mounting economic pressures, including changing interest rates, persistent inflation and significant corporate debt maturing in 2025, Vancouver’s business community faces rising restructuring and insolvency challenges.…
Star Entertainment’s lenders warn the Sydney and Gold Coast casino owner could be in voluntary administration within months and its hotels carved up and sold to the highest bidders, as a lifeline deal to preserve its future as a listed company fails to materialise. Two sources close to Star’s secured debt providers, speaking on the…
(Reuters) – China Evergrande said on Monday that a court in Hong Kong had ordered one of its key offshore units to be wound up, the latest in a slew of legal victories for the embattled developer’s liquidators. The liquidators had filed a winding-up petition against company subsidiary CEG Holdings BVI in September, in a…
China Evergrande said on Monday that a court in Hong Kong had ordered one of its key offshore units to be wound up, the latest in a slew of legal victories for the embattled developer’s liquidators. The liquidators had filed a winding-up petition against company subsidiary CEG Holdings BVI in September, in a bid to…