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Winter Haven construction company files for liquidation bankruptcy The Business Journals Read the original article here
Mor Cross Transport Services, a long‑established company based at Enstone Airfield near Chipping Norton, entered creditors’ voluntary liquidation in December. The company’s nature of business is given as freight transport by road, and the notice is categorised as a corporate insolvency appointment of liquidators. A Shipston‑on‑Stour address is given as the registered office, while the…
Gratuity, leave encashment not part of CIRP cost: NCLAT New Delhi, The NCLAT has dismissed an appeal by a former employee of Duncans Industries seeking priority payment of his gratuity and leave encashment dues by classifying them as insolvency resolution process costs. A three-member bench upheld the earlier order passed by the Kolkata Bench of…
REVEALED: Latest business liquidations in Manningham Herald Sun Read the original article here
NCLAT dismisses appeal, rules gratuity and leave encashment are not Corporate Insolvency Resolution Process (CIRP) costs, must be settled via resolution plan. New Delhi, Jul 20 (PTI) The NCLAT has dismissed an appeal by a former employee of Duncans Industries seeking priority payment of his gratuity and leave encashment dues by classifying them as insolvency…
Navigating a corporate insolvency is a challenging operation and can be incredibly stressful for owners who have poured their heart and soul into the businesses that they’ve created. Because of this, finding the right expert support is essential. You need a team around you that really understands your needs and is able to provide you…
The Delhi Bench of the National Company Law Tribunal (NCLT) has ordered the dissolution of cross-border payments company Paysend India Private Limited after finding that its affairs had been completely wound up and its assets fully liquidated The order was passed by the bench of Acting President Bachu Venkat Balaram Das and Technical Member Yogendra…
A liquidator has been appointed to Mex 2 U Limited, of Commercial Street, after a petition was made to Dundee Sheriff Court. Richard Bathgate, of Johnston Carmichael, was appointed Liquidator. Official documents recorded that “the nature of business of the company is restaurants”. A petition was earlier presented to the court by the Advocate General for Scotland on behalf…
Vanacomm set to enter CVL Printweek Read the original article here