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Bathla Group has entered voluntary administration, with restructuring firm Teneo appointed to several key entities as the Sydney residential developer grapples with billions of dollars in liabilities. The administration affects Universal Property Group, Bathla’s main corporate entity, and Raj & Jai Construction, among other related companies. Universal Property Group reported $3.2 billion in liabilities at…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine. Any information/advice provided in this article is general in nature…
REVEALED: Liquidator appointments for businesses in the Manningham council area for August 25 Herald Sun Read the original article here
Bathla Group has entered voluntary administration, with restructuring firm Teneo appointed to several key entities as the Sydney residential developer grapples with billions of dollars in liabilities. The administration affects Universal Property Group, Bathla’s main corporate entity, and Raj & Jai Construction, among other related companies. Universal Property Group reported $3.2 billion in liabilities at…
“We are excited to be able to continue serving the loyal individuals and businesses who make up our customer base.” The roots of the bakery go back to 1905, and according to State Fayre’s social media, they are purveyors of the “best bagels in town”. State Fayre Ltd acquired the business in 2017, with Fagleman…
Summary The UK Insolvency Service published a consultation on 25 March 2026 (closing 17 June 2026) proposing the most comprehensive reform of corporate civil enforcement in four decades. The reforms would expand the Insolvency Service’s remit beyond insolvency to cover all corporate misconduct in live, insolvent, or dissolved companies. Key proposals include: (1) structural reforms:…
The government has said it will hold off on adopting any recommendations from the insolvency inquiry until it has completed its inquiry into business dynamism. The government has issued its response to recommendations from the parliamentary joint committee that undertook an inquiry into corporate insolvency in 2023. In its final report, the committee said Australia’s…