Lodha Developers Ltd. has been directed to deposit Rs 520.80 crore as security in relation to an ongoing case in the Supreme Court against V Hotels Ltd., which the company acquired last year through an insolvency process. In a regulatory filing on Wednesday, Lodha Developers informed that this matter is related to proceedings initiated by…
Begbies Traynor Group promotes new director in Yorkshire Yorkshire Post Read the original article here
07/07/2025, Balby, Doncaster // PRODIGY: Feature Story // Nexus Corporate Solutions Limited continues to be a trusted partner for UK businesses facing financial difficulties. Based in Doncaster, the company offers professional insolvency advice and tailored solutions to help directors and stakeholders navigate periods of corporate distress. One of the core services of Nexus Corporate Solutions…
Facebook LinkedIn The Aussie Plant Based Co has made a swift return to the national market, announcing that its brands are once again available across Australia. Less than a year after entering liquidation in October 2024, Love Buds has launched into Coles supermarkets and Betty’s Burgers menus, as well as plans to roll out ready-made…
PUTRAJAYA (July 7): Company directors can be held accountable for paying Employees Provident Fund (EPF) debts incurred if a company is not named by the EPF, said the Federal Court. Newly-retired Court of Appeal president Tan Sri Abang Iskandar Abang Hashim said this in a written judgment released on his last day before retirement (July…
The company behind a $1.5 billion plan to build the world’s largest prawn farm on a remote Northern Territory cattle station will be liquidated following a failed appeal in the Federal Court. In February, the court found Seafarms subsidiary Project Sea Dragon had been insolvent since at least June 2020 with the judge ordering liquidators…
Kate Moss’s Wellness Brand Cosmoss Enters Voluntary Liquidation Global Cosmetics News Read the original article here
The recent Supreme Court order on the Bhushan Power and Steel (BPSL) has made it legally tenable for the Enforcement Directorate (ED) to re-attach the company’s assets and continue its probe, legal experts told FE. However, it is for the agency to decide whether to exercise the option at this stage, given that a review…
In a bid to make resolution plans more transparent, the Insolvency and Bankruptcy Board of India (IBBI) has amended its regulations, whereby avoidance transactions must be disclosed upfront in the Information Memorandum prepared by the corporate debtor’s resolution professional. Avoidance transactions include undervaluation, fraud, overvaluation, preferential diversion or a combination of some of these. Now,…
Glencore Has Ownership Clause for Troubled UK Refinery Lindsey Bloomberg.com Read the original article here