LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – December 2024 – Credit Connect
LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – December 2024 Credit Connect Read the original article here
Swazi Observer – Swazi Observer
Swazi Observer Swazi Observer Read the original article here
Key trucking stories in 2024
2024 was another brutal year for trucking companies and freight brokerages. Thousands of firms called it quits, sought bankruptcy protection or both. Fraud-related stories also dominated the headlines. FreightWaves looks back at some of the year’s key stories. Illinois-based Nationwide Cargo Inc. files for bankruptcy Founded in June 2010, Nationwide Cargo Inc. of East Dundee,…
Liquidation of Belgium’s last chip manufacturer draws to a close
The liquidation of BelGan, Belgium’s last industrial chip manufacturer, ends on Thursday. On Friday, interested parties can still bid for a combination of lots. The liquidation has so far raised more than 20 million euros, which will be used to pay severance to employees. BelGan, based in Oudenaarde, filed for bankruptcy in July. The company…
Didsbury Gin owner enters liquidation
Manchester-based Alderman’s Drinks, the company that produces Didsbury Gin, has gone into liquidation after owing its creditors nearly £200,000 (US$245,877). R-L: Mark Smallwood and Liam Manton, Didsbury Gin co-founders Didsbury was founded by best friends and gin lovers Liam Manton and Mark Smallwood in 2017, who according to the brand’s website, wanted to ‘take gin…
NCLAT quashes NCLT’s Rejection of CIRP Proceedings for Admissibility of Debt u/s 9 of IBC
The NCLAT determined that the WhatsApp messages were sufficient evidence to establish the debt and the absence of a legitimate dispute The Chennai Bench of National Company Law Appellate tribunal ( NCLAT ) quashed the National Company Law Tribunal ( NCLT )’s rejection of the admissibility of debt under Section 9 of the Insolvency and…
Aussies scoop up cheap gifts from sports company liquidation – The Daily Advertiser
Aussies scoop up cheap gifts from sports company liquidation The Daily Advertiser Read the original article here
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…
Successful Auction Purchaser Cannot Be Compelled To Pay Pre-CIRP Electricity Dues Before Restoring… – Live Law – Indian Legal News
Successful Auction Purchaser Cannot Be Compelled To Pay Pre-CIRP Electricity Dues Before Restoring… Live Law – Indian Legal News Read the original article here