The first report by liquidators Steven Khov and Kieran Jones on June 11 shows the company had no assets at the date of liquidation, and the sole creditor was Inland Revenue, owed $559,739. Brown has asked the council’s chief executive, Phil Wilson, to look into the situation. Wilson said yesterday that neither he nor the…
The former promoters of Bhushan Steel and Power Ltd on Monday urged the Supreme Court to accord an open court hearing to their plea seeking review of the May 2 verdict ordering liquidation of BSPL under the Insolvency and Bankruptcy Code. The top court had on May set aside the resolution plan submitted by JSW…
Mexican restaurant chain faces Chapter 7 bankruptcy, liquidation TheStreet Read the original article here
Start-up super advice platform goes bust The Australian Read the original article here
The Revenue Commissioners has failed to have its nominee appointed as liquidator over the Killarney Brewing and Distilling company (KBD). The business, which announced to staff last week it would cease production at its two plants with the loss of 50 jobs, was formally wound up by Justice Michael Quinn in the High…
The Supreme Court on Monday upheld the National Company Law Appellate Tribunal’s (NCLAT) order rejecting the appeals filed by the Board of Control for Cricket in India (BCCI) and Byju’s co-founder Riju Raveendran seeking withdrawal of insolvency proceedings initiated against the embattled edtech company. A bench comprising Justices J.B. Pardiwala and R. Mahadevan dismissed the…
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A property development company owned by Auckland Mayor Wayne Brown’s chief of staff, Jaswant Sailendra Singh (also known as Jazz), has gone into liquidation owing $570,000 in tax, a development of which the mayor was reportedly unaware, Newsroom has reported.
Travel ‘wizard’ makes couple’s holiday and deposits ‘disappear’ thepost.co.nz Read the original article here
SINGAPORE – After 13 years, Proof & Company Spirits – the Singapore-based distribution arm of independent spirits company Proof & Company – has entered provisional liquidation. It cited closures in the food and beverage scene (F&B) as a reason for its decision to close. “The decision follows a period of mounting challenges for the F&B…