The business behind alternative clothing, body piercing, and former bong retailer Off Ya Tree has fallen into liquidation, as the retail chain assures customers a dozen stores will remain operational. Con Kokkinos of insolvency firm Worrells was appointed as liquidator for Thendro Pty. Ltd on Thursday, according to documents listed by the Australian Securities and…
SolarZero workers installing panels Photo: Supplied/SolarZero NZ Green Investment Finance chairperson Cecilia Tarrant is stepping down. The “green investment bank” has faced questions about its management of its $145m loan to SolarZero, which owner BlackRock put into liquidation late last month. Tarrant said she would step down on 20 December, “respecting the ministers’ desire for…
Former Eagle faces more legal strife as court actions rise The West Australian Read the original article here
The NCLAT New Delhi bench of Justice Yogesh Khanna (Judicial Member) and Mr. Ajai Das Mehrotra (Technical Member) has held that the amount deposited with the bank by the corporate debtor in pursuance of an One Time Proposal to show bonafides will remain assets of the corporate debtor and can be taken into custody by…
The liquidation of Louis Liebenberg’s diamond dealing company is in the spotlight after findings from a SIU report were leaked. A fracas has been unfolding about the integrity of the liquidation process of fraud-accused diamond dealer Louis Liebenberg’s company Tariomix. This after it has come to light that the liquidators’ key legal advisor features in…
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ED restitutes assets worth Rs 4,025 crore in Bhushan Steel bank ‘fraud’ case Daily Excelsior Read the original article here
New Delhi, Dec 14 (PTI) The ED has restituted assets worth Rs 4,025 crore of the erstwhile Bhushan Steel and Power Limited to JSW Steel following approval from the Supreme Court, the federal probe agency said on Saturday. JSW Steel was the successful resolution applicant to the assets of the insolvent company under the Insolvency and…
A cosmetic surgery with a branch in Southampton which suddenly collapsed without warning has been acquired by a national cosmetics chain. Lorena Cosmetics has acquired the Sk:n cosmetic surgery clinic chain that suddenly closed more than 70 branches across the UK last July, including a branch in East Street, Southampton. According to Lorena Cosmetics, the company…
Nicheliving directors save failed company from liquidation MSN Read the original article here