Major auto parts brand moves Chapter 11 bankruptcy to liquidation – TheStreet
Major auto parts brand moves Chapter 11 bankruptcy to liquidation TheStreet Read the original article here
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Sushi brand part of liquidation as pay, tax owed
A Christchurch takeaway and restaurant business with sushi outlets under the Hachi Hachi brand has folded owing staff holiday pay and a hefty tax bill. The seven companies owned by Hachi Hachi founders and directors Titi Khemarangsan and Bundit Kijpalakorn were placed in voluntary liquidation on March 25. Initial liquidator reports for the businesses amounted…
Meat works sold after liquidation
A meat works in Gore, previously home to a Japanese Wagyu beef operation which went into liquidation late last year, has been sold. The works went up for sale in February just a matter of weeks after companies associated with the operation went into liquidation. Black Origin Meat Processors (Gore) Ltd was put into liquidation…
Body Shop NZ enters liquidation with store closures and job losses
The liquidation process commenced on 27 March 2025. Credit: Wirestock Creators/Shutterstock. Cosmetics and beauty retailer The Body Shop’s operations in New Zealand have entered liquidation, resulting in the cessation of all storefront operations… Read the original article here
Adjudicating Authority Cannot Suo Moto Amend Date Of Default In Insolvency Application Unless Amendment Application Is Filed: NCLAT
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Arun Baroka (Technical Member) and Mr. Barun Mitra (Technical Member) has held that the Adjudicating Authority cannot suo moto amend the date of default mentioned in the insolvency application unless an amendment application is filed; otherwise, it would…
Liquidation Order U/S 33 Of IBC Cannot Be Set Aside When Third Party Has Taken Possession Of Property After Sale Conducted By Liquidator: NCLAT
The National Company Law Appellate Tribunal (NCLAT) Chennai bench of Justice Rakesh Kumar Jain (Judicial Member) and Mr. Jatindranath Swain (Technical Member) has held that the order passed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016 (Code), directing the liquidation of the corporate debtor, cannot be set aside once the Successful Auction Purchaser…
Building firm set to go into liquidation – Dunfermline Press
Building firm set to go into liquidation Dunfermline Press Read the original article here
KleuterZone boss gambled away millions, liquidators allege – as they gun for his sequestration – News24
KleuterZone boss gambled away millions, liquidators allege – as they gun for his sequestration News24 Read the original article here
NCLT rejects insolvency plea against Zomato
Nona Lifestyle had entered into a business relationship with Zomato to supply uniforms for its employees and delivery partners, including merchandise for the ICC World Cup 2023. The company had planned a campaign during the World Cup. As per the petition, Zomato placed multiple orders for various apparel items, including rider t-shirts, trousers and World…