Moo-Maintenance Ltd was registered to an address at the city’s Elgin Industrial Estate, and had been active since it was incorporated in 2017. Its website shows that it provided services to landlords across Fife in Edinburgh, such as upgrades to heating systems or kitchen installations. On Friday, August 21, Steven Wright, business recovery partner at…
NCLT Orders Return Of ₹58.58 Crore To Sunshine Housing Over Preferential Payments To Creditors | AI The Mumbai bench of the National Company Law Tribunal (NCLT) has directed parties that received payments from real estate company Sunshine Housing & Infrastructure to return ₹58.58 crore to the company, ruling that the payments gave them an unfair…
Capitalism is a barbaric and unforgiving system, especially toward the working people and the planet on whose shoulders it stands, exploiting human beings and nature alike. Yet, with the help of the state and government, it designs policies and processes that help to socialise the crisis, forgiving corporations when they fail to repay their borrowings…
The National Company Law Appellate Tribunal has rejected Zaveri Group’s resolution plan for Gujarat Hydrocarbons and Power SEZ due to significant documentation errors and unverified land assumptions. The court has ordered a complete restart of the insolvency process, requiring a new resolution professional to invite fresh bids. This ruling underscores the strict requirement for transparency…
New Delhi: The insolvency appellate tribunal NCLAT has set aside Zaveri Group‘s resolution plan for Gujarat Hydrocarbons and Power SEZ Ltd (GHPSL) and directed the Resolution Professional and NCLT to start the process again by inviting fresh bids. A two-member NCLAT bench observed that the bid submitted by Zaveri & Co was based on an…
VG Mathers Limited, based in Kintore, ceased trading after what the company described as a sustained period of difficult conditions across the road haulage sector. VG Mathers was established in 1968 by Vic Mathers. As well as haulage work, the business provided vehicle inspections and repairs. READ MORE: SNP lose two by-election seats to Labour…
Altman raises stakes on government scrutiny as AI advances Axios Read the original article here
Michael Reid, head of insolvency services in Scotland for MHA, has been appointed liquidator of VG Mathers Limited, based at Kintore in Aberdeenshire. VG Mathers’ fall into liquidation has resulted in the loss of all seven jobs. Colin Mathers, director of VG Mathers Limited, said: “It is with a heavy heart that we announce the…
NAIROBI, Kenya, Sept 2 – A challenge has been filed by Allan Mulama Advocates at the High Court in Nairobi following the gazettement of the liquidation of the Kenya Union of Savings and Credit Co-operative Union Limited (KUSCCO) this week. In her ruling, Lady Justice Rhoda Rutto certified as urgent the matter filed by RUPSA…
Pending Fraud Proceedings Cannot Prevent CIRP: NCLT Approves ₹104 Cr Consolidated Resolution Plan with 98.2% CoC Vote [Read Order] Taxscan Read the original article here