A legal representative for Speedy Firewood told the court, in June, that the company was entering voluntary liquidation. That eventuated this month, and the first liquidators’ report has since been released. Hawke’s Bay rapper and owner of the firewood company, Tom Francis. Photo / File “The director has advised that the reason for insolvency was…
PIC’s R760m bet on oil firm goes up in smoke News24 Read the original article here
Embattled childcare provider Edge Early Learning has entered voluntary administration, citing a need to “assess its financial position”. In a statement on its website, it said it had appointed KordaMentha as administrators on Tuesday, but was “continuing to operate all centres on a business-as-usual basis”. “There will be no change to your care arrangements, centre…
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REVEALED: Liquidator appointments for businesses in the Yarra council area for August 25 Herald Sun Read the original article here
Centuria Says Bathla Administration Won’t Dent Its Credit Funds Finimize Read the original article here
The New Delhi National Company Law Appellate Tribunal (NCLAT) on 21 August held that an order directing inspection and measurement of property claimed to form part of a corporate debtor’s liquidation estate does not affect disputed ownership or possessory rights when the inspection is limited to identifying and segregating the corporate debtor’s property. A Bench…