Liquidation Archives - Page 1715 of 3841

Aussie home builder collapses after being swamped with more than $12million worth of customer claims over alleged building defects

LiquidationBy Editor June 11, 2025

By NICHOLAS COMINO FOR DAILY MAIL AUSTRALIA Published: 01:37 AEST, 11 June 2025 | Updated: 09:12 AEST, 11 June 2025 A Sydney construction firm has gone into voluntary administration after being subject to $12.9million in building defect claims. Family-run J&CG Constructions has been in operation since 1994 and built apartment complexes, offices and commercial spaces…

Jaiprakash Associates pushes resolution plan deadline to June 24

LiquidationBy Editor June 11, 2025

Jaiprakash Associates Ltd (JAL), which is the flagship firm of Jaypee Group, on Monday (June 9), said it has extended the deadline for submission of resolution plans under its ongoing corporate insolvency process by 15 days, pushing the date from June 9 to June 24, 2025. “…consequent upon requests received from several PRAs for extension…

Corporate Debtor Cannot Deny Transaction Which was once Approved : NCLT [Read Order]

LiquidationBy Editor June 11, 2025

The National Company Law Tribunal Bench affirmed a Section 9 petition brought under the Insolvency & Bankruptcy Code, 2016 (“the Code”), holding that the Corporate Debtor cannot later reject a wage structure adjustment once it has granted its consent. Know How to Investigate Books of Accounts and Other Documents, Click Here M/s. Liberium Global Resources…

CIRP Cannot be Continued When Entire Debt Amount has Been Re-Paid: NCLAT [Read Order]

LiquidationBy Editor June 11, 2025

The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) held that when the admitted dues have been repaid by the debtor there is no point in continuing the Corporate Insolvency Resolution Process. The corporate debtor, M/s Rajasthan Land Holdings Ltd. (RLHL), was formerly a fully owned subsidiary of M/s Road Infrastructure Development…

400 jobs at risk as major retailer goes bust – The Australian

LiquidationBy Editor June 11, 2025

400 jobs at risk as major retailer goes bust The Australian Read the original article here

Renewed Hope For Reviving Lavasa Through Fresh Bids

LiquidationBy Editor June 11, 2025

The Mumbai bench of the national company law tribunal (NCLT) has granted a 90-day extension in the ongoing consolidated corporate insolvency resolution process (CIRP) of Lavasa Corporation Ltd, a planned hill city project in Maharashtra, beginning from 29 May 2025. The latest extension reflects renewed hope for reviving the project through fresh bids. The CoC…

Chiara Ferragni’s Fenice Retail company goes into liquidation with losses of €1.2 million

LiquidationBy Editor June 11, 2025

Translated by Nicola Mira Published June 10, 2025 … Read the original article here

Chiara Ferragni’s Fenice Retail company goes into liquidation with losses of €1.2 million

LiquidationBy Editor June 11, 2025

Translated by Nicola Mira Published June 10, 2025 … Read the original article here

David Millar’s clothing brand CHPT3 saved by Factor founder

LiquidationBy Editor June 11, 2025

David Millar’s clothing brand CHPT3 has been saved by the founder of Factor bikes, Rob Gitelis, after the firm entered ‘voluntary liquidation’ last December. Millar, 48, became brand director at Factor in January after what appeared to be the end of his clothing brand. However, in an email update circulated by CHPT3 on Thursday evening…

Digital Classifieds Group plucked out of voluntary administration

LiquidationBy Editor June 11, 2025

Lifull Connect, an online classifieds group that operates real estate portals across South-East Asia, has signed on the dotted line to acquire Aussie proptech Digital Classifieds Group three months after it landed in voluntary administration. Digital Classifieds Group is based in Melbourne but runs a real estate platform with operations in Indonesia, the Philippines, Bangladesh…

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