The company’s collapse has left more than 80 creditors unsure if they will recoup their losses. “We wrote to homeowners yesterday and basically handed back the sites, telling them the company can’t continue,” liquidator Anna Agostino told 9News. South Australian home builder Adelaide Designer Homes has entered liquidation, leaving 20 houses unfinished. (Nine) “With a…
Qld scaffolding company enters voluntary administration Sunshine Coast Daily Read the original article here
NCLT approves Oberoi Realty arm’s acquisition of Nirmal Lifestyle Realty The Economic Times Read the original article here
The Tony Rigas files: Pink Flamingo debt just latest drama Gold Coast Bulletin Read the original article here
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The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates the Cafe Coffee Day chain, till the next date of hearing. The Chennai-based bench of the appellate tribunal stayed the operations of the NCLT order, over a petition filed by Malavika Hegde, Executive Director-CEO…
Modular builder TopHat has avoided being wound up after agreeing a deal with one of its creditors. Developer Harworth filed winding-up petitions against two TopHat entities on 2 August, which were heard at the High Court in Leeds yesterday (13 August). Both parties have agreed to dismiss the case, Construction News understands. The petitions, which…
A $21m hearing healthcare company has gone bust, blaming a fallout with a key supplier for its woes. ASX-listed Nuheara Limited, which specialises in a wireless earbud that allows customers to augment their hearing, announced its move into voluntary administration late on Wednesday afternoon, appointing KPMG administrators to take control of the firm. “The decision…
In a win for BYJU’S’ lenders, the Supreme Court of India has issued an interim order staying the National Company Law Appellate Tribunal’s (NCLAT) decision that had allowed a settlement between the edtech company and the Board of Control for Cricket in India (BCCI) regarding outstanding dues of approximately Rs 158.9 crore. The apex court…
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