Melbourne caravan maker goes bust – Herald Sun
Melbourne caravan maker goes bust Herald Sun Read the original article here
Supreme Court clarifies classification of debt | India
The Supreme Court of India, in China Development Bank v Doha Bank QPSC & Ors, held that the corporate debtor’s undertaking to discharge the liabilities of third parties under a deed of hypothecation (DoH) constitutes a guarantee under the Indian Contract Act, 1872 (ICA), and hence it can become a financial debt within the meaning…
Monthly Insolvency Statistics: November 2024
After seasonal adjustment, the number of registered company insolvencies in England and Wales was 1,966 in November 2024, 13% higher than in October 2024 (1,743) and 12% lower than the same month in the previous year (2,243 in November 2023). The number of company insolvencies remained much higher than those seen both during the COVID-19…
Robin Hood Energy collapse leaves £50m in unpaid bills, report finds
The collapse of an energy company set up by Nottingham City Council has left more than £50m of bills unpaid, a report on its final liquidation has found. The winding-up of Robin Hood Energy has been completed five years after it went into administration. It found there were 347 claims of owed money from individuals…
Constitution Of Project Management Committee Under Settlement Agreement Does Not Absolve Corporate Debtor From Repayment Obligations: NCLAT
The NCLAT New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Barun Mitra (Technical Member) and Mr. Arun Baroka (Technical Member) has held that any dispute even pending in the arbitration does not in any manner prohibit the financial creditor to take remedy under Section 7 of the code. It also held that the…
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Access Denied You don’t have permission to access “http://www.business-standard.com/companies/news/creditors-recover-rs-3-58-trn-through-resolution-plans-under-insolvency-law-125021101233_1.html” on this server. Reference #18.24052017.1739272433.1a5bc68 https://errors.edgesuite.net/18.24052017.1739272433.1a5bc68 Read the original article here
Haydale places “loss-making” US arm into corporate insolvency process – Insider Media
Haydale places “loss-making” US arm into corporate insolvency process Insider Media Read the original article here
Creditors Recovered Rs3.58 Lakh Crore in 1,119 Liquidation Cases, No Info on Haircuts in Settlement: Govt – Moneylife
Creditors Recovered Rs3.58 Lakh Crore in 1,119 Liquidation Cases, No Info on Haircuts in Settlement: Govt Moneylife Read the original article here
Beulah puts $2.7b Sth Bnk twin tower apartment project into administration
Australia’s property sector troubles have deepened, putting the future of the country’s tallest residential development in question, after developer Beulah International put the project manager of its high-profile Sth Bank project into voluntary administration. Pitcher Partners’ David Vasudevan and Lindsay Bainbridge were appointed administrators of BSSPV Pty Ltd after architecture firms Cox Architecture and UN…
Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News
By Market Capitalisation.Net Sales.Net Profit.Total Assets.Excise.Other Income.Raw Materials.Power & Fuel.Employee Cost.PBDIT.Interest.Tax.EPS.Investments.Sundry Debtors.Cash/Bank.Inventory.Debt.Contingent Liabilities. Screen Crit AbrasivesAerospace & DefenceAgricultureAir ConditionersAirlinesAluminium & Aluminium ProductsAmusement Parks/Recreation/ClubAquacultureAuto AncillariesAuto… Read the original article here