Medicine Box Ltd, headquartered in Sutton-In-Ashfield, Nottinghamshire, is winding up operations, meaning it is unable to meet its debts as they fall due. This has necessitated legal proceedings such as liquidation to manage its affairs. The company’s winding up order was dated 13th May 2026. Liquidation is the formal legal process through which a business…
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Workers at the troubled Vulcan coal mine in Central Queensland are owed more than $16 million in entitlements, according to a winding up application in the Federal Court. The mine’s owner, the Brisbane-based Vitrinite group of companies, went into voluntary administration on February 22 this year with debts of more than $400 million. The mine,…
Medicine Box Ltd, based in Sutton-In-Ashfield, is not able to repay its debts as they fall due, which has required it to undergo a process like liquidation to manage its affairs People wearing personal protective equipment (stock image) A UK wholesaler of pharmaceutical goods is in the process of winding up operations. Medicine Box Ltd,…
SINGAPORE – Mr Wang Bingxin, 42, bought a used Toyota Vellfire in September 2024 in the hope of earning an income as a private-hire car driver. But he ended up losing nearly a quarter of a million dollars when the car was seized by a finance company a month later. In September 2024, Mr Wang…
The Pegasus golf course near Christchurch is expected to be carved up for housing. The prestigious Pegasus golf club was put into voluntary liquidation in March and placed on the market for sale. A liquidator’s report showed the club owed around $9 million to creditors. The property includes a driving range, practice greens, pro shop, tennis courts,…
Western Australia’s mining sector faces unprecedented challenges as the Griffin Coal rehabilitation responsibility shift intersects with complex policy frameworks governing environmental accountability and energy security. The intersection of energy security demands, corporate insolvency, and ecological restoration challenges creates complex policy dilemmas that extend far beyond individual mining operations. Understanding these systemic pressures requires examining how…
REVEALED: Latest business liquidations in Goondiwindi The Courier Mail Read the original article here
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The National Company Law Tribunal (NCLT) has allowed the withdrawal of the corporate insolvency resolution process (CIRP) against Nobility Estates, the company developing ATS Group’s Le Grandiose housing project in Sector 150, Noida, after a settlement was reached between lenders and the earlier management of the company. Advertisement The principal bench of the tribunal…