The Supreme Court has held that any delay in arriving at the conclusion that the company is to be liquidated is detrimental to a Company, especially when the Company has long awaited timely and positive action from the successful resolution applicant as regards the implementation of the approved resolution plan. The court added that liquidation…
IBC speeded up recovery of Rs 10.22 lakh crore from defaulting firms: Govt Daijiworld.com Read the original article here
Australian property group behind 41-level Gold Coast tower enters administration MSN Read the original article here
Preserve Health Pty Ltd appointed liquidators on Monday, bringing a seven-year journey to an end for its “sports hydration system” PREPD. Anthony Phillips from Heard Phillips Lieberenz was appointed liquidator of the Tonsley Innovation Centre-based company after shareholders voted in favour of a voluntary windup. The company was solvent at the time of liquidation and…
Your browser is not supported | usatoday.com usatoday.com wants to ensure the best experience for all of our readers, so we built our site to take advantage of the latest technology, making it faster and easier to use. Unfortunately, your browser is not supported. Please download one of these browsers for the best experience on…
BAKU, Azerbaijan, December 28. Azerbaijan’s Avirtelecom Limited Liability Company (LLC) has announced its liquidation, Trend reports via the “Taxes” online newspaper of the State Tax Service under the Ministry of Economy. The creditors were required to contact the following address within two months: AZ1106, Baku city, Narimanov district, Araz str., building 50C. To note, the…
A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. Find out more about our policy and your choices, including how to opt-out.Sometimes our articles will try to…
Horizon Space Acquisition I Corp. (NASDAQ:HSPO), a $89 million market cap SPAC currently trading near its 52-week high of $11.65, has announced an amendment to its Trust Agreement and Charter, following a shareholder meeting on Monday. According to InvestingPro analysis, the company appears slightly overvalued at current levels. The company, which operates as a special…
Australian Securities and Investments Commission data shows that in the nine months to the end of March, more than 2000 construction companies entered administration and represented the greatest number of company failures, accounting for nearly 27.7 per cent in that period. According to now-deleted content on Bensons’ website, one of its core values is integrity,…
The Australian construction industry faces another setback as Bensons Property Group enters voluntary administration. The Melbourne-based developer, with a portfolio of high-profile projects, cited rising construction costs and increased interest rates as primary challenges. Figure 1: A photo of the Liberty 1 building in Footscray shows diggers at the Liberty 2 site. With Bensons Property…