Port Hills builder goes into liquidation as Master Builders investigate – The Press
Port Hills builder goes into liquidation as Master Builders investigate The Press Read the original article here
‘Very difficult situation’: patisserie forced into liquidation
A popular cafe known for its French bread and pastries has closed its doors suddenly, triggering a heartfelt statement from its owners. Often described as bringing a slice of the French Quarter to the Sunshine Coast, the long-standing cafe is much-loved among patrons. Andrew and Jade Ackerman took over the reins of La Maison du…
Forest Gold Honey in liquidation – The Press
Forest Gold Honey in liquidation The Press Read the original article here
BlackRock sales targets blamed by some sparkies for SolarZero collapse – The Post
BlackRock sales targets blamed by some sparkies for SolarZero collapse The Post Read the original article here
High Court expresses concern about Blackbee investment vehicle as it’s placed into liquidation
Legal Mr Justice Rory Mulcahy said he was not persuaded that arguments from David O’Shea, Blackbee’s founder, were substantial or made in good faith Mr Justice Rory Mulcahy said he was not persuaded that arguments from David O’Shea, Blackbee’s founder, were substantial or made in good faith. Picture: John Allen Read the original article here
Strong Petrochemical Faces Winding-Up Petitions in Cayman and Hong Kong – TipRanks
Strong Petrochemical Faces Winding-Up Petitions in Cayman and Hong Kong TipRanks Read the original article here
Dunedin Trust announces winding-up schedule By Investing.com
LONDON – Dunedin Enterprise Investment Trust PLC, a publicly traded investment fund, has released a timetable for its voluntary liquidation process. The company has made the circular detailing the proposed liquidation available for shareholders to view online and submitted it to the National Storage Mechanism. According to the schedule, the last day of dealing in…
IBC reforms: Let’s strengthen the Code as a key growth enabler
This paradigm shifted with the introduction of the IBC, which provided a much-needed mechanism to address insolvency issues in a time-bound and efficient manner. Passed in May 2016, it has played a transformative role in the Indian economy. At the time of its enactment, we were grappling with a twin balance sheet crisis, where banks’…
Important orders on IBC (September 1 – September 15, 2024)
1. In Commercial Tax Department v. Teena Saraswant Pandey, (Company Appeal (AT) (Ins.) No. 1265 of 2022), the NCLAT observed that commercial tax department could not be treated as ‘secured creditor’ in relation to the taxes owed by the corporate debtor under Madhya Pradesh VAT Act, 2002 (“MPVAT”). To arrive at the conclusion, NCLAT relied on…
Global insurer is put into liquidation
Guernsey-registered GBG Insurance Ltd was placed into administration by the Royal Court last December, pre-empting the collapse of the US-headquartered Global Benefits Group earlier this year. Audited accounts showed that the business was in good health but directors discovered that declared assets representing more than $70m. did not exist. Efforts were made during 2023 to…