Delhi High Court: A petition was filed by Bhushan Power and Steed Limited under Article 226 read with Section 482 of Criminal Procedure Code (CrPC) seeking quashing of case filed under Section 3 and 4 of the Prevention of Money Laundering Act, 2002 (PMLA) and all consequential proceedings arising out of or emanating therefrom including…
Thursday, 17 October 2024 King’s Inns CHECK AGAINST DELIVERY Opening remarks Thank you, Ian (Drennan), for your introduction and warm welcome. Good morning, everyone – it is a privilege to be here with you today, at the Corporate Enforcement Authority’s (CEA) second annual conference. I am delighted to be back again at…
Doha – Business insolvencies in Morocco are expected to increase over the 2024-2025 period, according to a recent global report from Allianz Trade. Titled “Global Insolvency Outlook: The ebb and flow of the insolvency wave,” the document places Morocco among the countries experiencing a “noticeable increase” in situations where companies are unable to meet their…
Top Northern Ireland security firm calls in its creditors as liquidator due to be appointed MSN Read the original article here
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
(Feb 17): Distressed Chinese companies are facing a torrent of court hearings in Hong Kong this week, as the risk of liquidation rises for some beleaguered firms. On Monday, Tianji Holding Ltd, a key unit of China Evergrande Group, is in court again to try to stave off a wind-up order. A judge already moved…
The news: Fashion retailer Mosaic Brands has appointed FTI Consulting as voluntary administrators after failing to informally restructure its operations. The context: The company’s senior secured lender has appointed KPMG as receivers and managers to work alongside FTI through the restructure process. The group said that a “small number of parties” declined to support its…
A Chinese government linked property developer with unpaid claims from Queenstown contractors has gone into liquidation, leaving the future of over 100 Fernhill residential units in doubt. Triple Connection Ltd was put into liquidation on February 13 after landscaping company Top Garden failed to get a response to a statutory demand linked to an unpaid…
Delayed real estate projects: IBBI’s amended rules to allow homebuyers to take possession during insolvency process MSN Read the original article here
A Chinese government linked property developer with unpaid claims from Queenstown contractors has gone into liquidation, leaving the future of over 100 Fernhill residential units in doubt. Triple Connection Ltd was put into liquidation on February 13 after landscaping company Top Garden failed to get a response to a statutory demand linked to an unpaid…