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Plant-based ice cream company Little Island in liquidation
It raised a further $409,287 three years later. At the time of the 2023 raise, managing director Wade Gillooly said the company had been through some difficult times. “The past few years have been challenging for Little Island, and I believe the business has not adapted and moved quickly enough during this period,” Gillooly said.…
Australian reseller MWave goes into voluntary administration
Filed via the Australian Securities and Investments Commission. Australian computer and technology reseller Mwave.com.au has entered voluntary administration. In a filing registered on Friday June 13 2025 via the Australian Securities and Investments Commission, it shows the company’s status is in external administration. In documents seen by CRN Australia, Mwave’s parent company Esel Pty Ltd…
A useful last resort: pursuing directors personally for unpaid company debts – Dentons Kensington Swan
A useful last resort: pursuing directors personally for unpaid company debts Dentons Kensington Swan Read the original article here
Billson’s Brewery survives liquidation after creditors throw the drinks brand a lifeline
Nathan and Felicity Cowan announced on social media that Billson’s would continue. Photo: Facebook. Beechworth’s iconic drinks brand Billson’s Beverages Pty Ltd looks set to avoid liquidation after creditors voted to keep the battling brewery alive. “After an uncertain year, we are thrilled to share that we have made significant progress in securing the future…
STARLEATON LIQUIDATED AS DOCA FAILS DUE TO NON-PAYMENTS
By Wayne Robinson | 16 June 2025 Stricken wide-format supplies business Starleaton has finally been placed into liquidation, with the company not making any of its $33,000 a month payments required under its DOCA for the past three months. All over for Starleaton: Ben Eaton The former $20m a year family-owned business initially placed itself…
(PDF) Bankruptcy Prediction Using Machine Learning Techniques – researchgate.net
(PDF) Bankruptcy Prediction Using Machine Learning Techniques researchgate.net Read the original article here
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Gensol Group Encounters Insolvency Challenges Due to Ireda Obligations
The National Company Law Tribunal (NCLT) in Ahmedabad has initiated corporate insolvency resolution processes (CIRP) for Gensol Engineering Limited (GEL) and its subsidiary, Gensol EV Lease (GEVL), following petitions filed by the Indian Renewable Energy Development Agency (Ireda). The tribunal admitted the petitions due to significant outstanding dues, amounting to over ₹729 crore combined. This…
NCLT Ahmedabad Admits Gensol Into Insolvency on IREDA’s Plea
The National Company Law Tribunal (NCLT) in Ahmedabad has admitted Gensol Engineering Limited (GEL) and its subsidiary, Gensol EV Lease (GEVL), into insolvency proceedings following a petition by the Indian Renewable Energy Development Agency (IREDA). The tribunal’s decision, delivered on June 13, comes after Gensol defaulted on loans amounting to ₹510 crore for GEL and…