Wellington restaurant Tinakori Bistro in liquidation, after 18 months of new ownership – Taranaki Daily News

ROBERT KITCHIN/FAIRFAX NZ The bistro ceased trading on June 9. A well-known Wellington restaurant is in liquidation owing more than $300,000 to creditors, after only 18 months under new ownership.  Tinakori Bistro, owned by Good Root Co, closed its doors on June 9, after failing to pay back a long list of unsecured creditors. The restaurant, at…

Salim Mehajer’s businesses placed under voluntary administration – The Sydney Morning Herald

Salim Mehajer, the embattled former deputy mayor of Auburn, has had two of his businesses placed under voluntary administration. Documents lodged with the Australian Securities and Investments Commission (ASIC) reveal both companies – Sydney Project Group Pty Ltd and S.E.T. Services Pty Ltd – had administrators appointed by their board on June 16 over fears of insolvency.…

From raising $550000 to appearing on Shark Tank: Recruitment startup iRecruit enters liquidation as founders focus … – SmartCompany.com.au

Brisbane-founded recruitment startup iRecruit made its Shark Tank debut on Tuesday night, but a lot has happened at the company since the television episode was filmed last year. IRecruit attracted $500,000 in pre-launch seed funding in August 2016, but by the time Tuesdays Shark Tank episode went to air, both of the companys co-founders had stepped…

Jyoti Structures, Alok Industries next for insolvency; Essar, Bhushan Steel and Electrosteel to be discussed today – Moneycontrol.com

Beena Parmar Moneycontrol News As part of the major push towards resolution of large bad loans this month, bankers will be meeting Thursday to discuss three big steel accounts  Essar Steel, Bhushan Steel and Electrosteel Steels  as part of the joint lenders’ forum (JLF) to discuss the plan ahead. Banks have outstanding loans worth Rs…

IBBI notifies fast track Insolvency Resolution Process for Corporate Persons Regulations – Catch News

The Insolvency and Bankruptcy Board of India (IBBI) on Friday notified the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017. The board announced the regulations in exercise of its powers conferred by sections 58, 196 and 208 read with section 240 of the Insolvency and Bankruptcy Code,…

Network Ten heads into voluntary administration | Bunbury Mail – Bunbury Mail

Channel Ten has been forced to go into voluntary administration after its billionaire shareholders told it on the weekend they would no longer guarantee a key loan. The TV broadcaster has appointed KordaMentha as voluntary administrators of the company and its subsidiaries, it announced in a statement to the ASX on Wednesday morning. Network Ten is looking at refinancing options.…