NEW DELHI: The Insolvency and Bankruptcy Board of India (IBBI) today notified regulations for liquidation process whereby an insolvency professional is barred from acting as a liquidator unless that individual is independent of the corporate debtor concerned. The regulations come into force with immediate effect. IBBI, set up under the Insolvency and Bankruptcy Code, seeks…
Perth-based architecture firm DAPM Architects is in the hands of liquidators, less than a week after it was spun-out of national group DesignInc, but its managing director says the collapse represents an opportunity for a new beginning. DesignInc announced last week that its Perth outpost would leave the group, with DAPM to be headed up…
Robert Steven Pacific T & R’s plant at Miro St, Taupo. A large Taupo employer has gone into liquidation weeks before Christmas, with all employees losing their jobs. Pacific T&R opened its Miro St plant in February 2015. It employed 44 people. The privately-owned company was breaking new ground; extracting rosin from pine tree stumps, which are…
Robert Steven Pacific T & R’s plant at Miro St, Taupo. A large Taupo employer has gone into liquidation weeks before Christmas, with all employees losing their jobs. Pacific T&R opened its Miro St plant in February 2015. It employed 44 people. The privately-owned company was breaking new ground; extracting rosin from pine tree stumps, which are…
Related Story: Employers ‘short-changing’ workers by withholding super Simply because an amount of superannuation is displayed on your pay slip each week does not mean your employer is actually depositing it. This will be the case for about a third of Australian workers who are ripped off by employers that do…
Robert Steven Pacific T & R’s plant at Miro St, Taupo. A large Taupo employer has gone into liquidation weeks before Christmas, with all employees losing their jobs. Pacific T&R opened its Miro St plant in February 2015. It employed 44 people. The privately-owned company was breaking new ground; extracting rosin from pine tree stumps, which are…
ROBERT STEVEN Robert Steven Pacific T & R’s plant at Miro St, Taupo. Robert Steven Pacific T & R’s plant at Miro St, Taupo. Robert Steven Scott Christensen, production manager and liaison manager at Pacific T & R Relevant offers A large Taupo employer has gone into liquidation weeks before Christmas, with all employees losing their…
ASIC today published its annual overview of corporate insolvencies based on statutory reports lodged by external administrators for the 201516 financial year. Report 507 Insolvency statistics: External administrators reports (July 2015 to June 2016) is ASICs eighth report and provides information on the nature of corporate insolvencies, supplementing the monthly statistics that ASIC publishes on…
About 50 workers at Fire prevention equipment company Fire Security Services have lost their jobs. Fire security equipment and services company Fire Security Services has gone into liquidation with the loss of about 50 jobs. The company, established in 1976, sold and serviced fire protection products such as sprinkler systems, fire alarms, portable fire equipment.…
Related Story: Payless buys Payless Shoes from administration Payless Shoes, one of Australia’s largest independent shoe retailers, will close 132 stores across the country and let go of 730 staff, the company’s administrator Ferrier Hodgson said. Ferrier Hodgson said all Payless Shoes stores will be transferred or closed in February 2017.…