07/09/2025 – 04:19 PM NEW YORK–(BUSINESS WIRE)– RMG Acquisition Corp. III (the “Company”) today announced that, because the Company will not consummate an initial business combination within the time period required by its Fifth Amended and Restated Memorandum and Articles of Association, the Company intends to redeem…
The Kuala Lumpur High Court has ordered that THHE Engineering Berhad be wound up, with costs totalling RM150,000 to be paid out of its assets to the three petitioners led by Global Mariner Offshore Services Sdn Bhd. PETALING JAYA: The Kuala Lumpur High Court has, in a landmark decision, converted TH Heavy Engineering Berhad’s (THHE)…
Over $1m owed: liquidators Otago Daily Times Read the original article here
Le Dejeuner liquidator does not expect creditors to be paid thepost.co.nz Read the original article here
A Hawke’s Bay Regional Council spokeswoman said the skidder was yet to be removed from its steep location. “The machine is still there, and a plan for removal is still being worked on.” The skidder (inset) was pushed over a cliff above the Waiau River. Photo / Supplied The regional council did not have a…
Aged care, disability and veterans care provider Annecto in voluntary administration MSN Read the original article here
Insolvency practitioners claim they are losing faith in Ireland’s corporate watchdog Business Post Read the original article here
Insolvency & Bankruptcy Code cannot override the Prevention of Money Laundering Act (PMLA), said appellate tribunal NCLAT, adding assets of an debt-ridden firm once attached by the Directorate of Enforcement (ED) and confirmed by competent authority cannot be released for its resolution. Under section 14 of IBC, a moratorium is applied on those assets for…
Corporate Debtor Liable: NCLAT Confirms CIRP Admission The National Company Law AppellateTribunal (NCLAT), in a recent ruling, upheld the initiation of the CorporateInsolvency Resolution Process (CIRP) against M/s Ace Engineering (India) Pvt. Ltd., rejecting claims that a One-Time Settlement (OTS) with personal guarantors extinguished the company’s debt. The appeal was dismissed on July 3, 2025.…
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) ruled that the issuance of a Provisional Attachment Order (PAO) by the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act, 2002 (PMLA), does not violate the moratorium under Section 14 of the IBC. In this case, the appeal has been been…