Nuvoco Vistas to Acquire Vadraj Cement Via Insolvency Route

A Memorandum of Understanding (MoU) has been signed between the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry and JK Cement, a leading manufacturer of grey and white Cement, to usher innovation, empower entrepreneurs, and strengthen India’s manufacturing ecosystem. According to DPIIT, this strategic collaboration aims to transform India into…

Dragons Den winning gin firm falls into liquidation

Alderman’s Drinks Ltd, trading as Didsbury Gin, has appointed Gareth Howarth of Path Business Recovery Ltd as liquidator to wind up the business. Accounts available on Companies House revealed the spirits brand owed £195,924 to creditors, including £126,864 to trade and expense creditors and £36,492 to NatWest Bank as a ‘Bounce Back Loan’. Voluntarily wound…

Kaiju! Beer enters voluntary administration

The new year has not got off to a great start for Australia’s craft brewing industry, with the news that South East Brewing Company, trading as Kaiju! Beer, has appointed DBA Reconstruction and Advisory as voluntary administrators to assist in a financial restructuring of the business.  The company will continue operating as usual during this…