Sale & Leaseback of Cloud Storage Particles is Financial Lease under Ind AS 116: NCLT Admits ₹1.63 Cr Insolvency Plea Taxscan Read the original article here
Jobs lost as Aberdeenshire haulage firm liquidated TheBusinessDesk.com Read the original article here
NEW DELHI: In a significant ruling addressing the treatment of statutory delay penalties under the insolvency framework, the Supreme Court of India held that time extension charges levied by the New Okhla Industrial Development Authority (NOIDA) cannot be treated as Corporate Insolvency Resolution Process (CIRP) costs or recovered from homebuyers and the incoming resolution applicant.…
REVEALED: Liquidator appointments for businesses in the Logan council area for September 3 The Courier Mail Read the original article here
Will homebuyers have to pay delay penalty if developer claims insolvency? SC sets the record straight ThePrint Read the original article here
When Weiss Furniture owner Dalia Dunhoff realized she was shopping for things like chairs and mattresses online, she knew it was time to take a look at the business. “Retail stores are becoming fewer and fewer as more people shop online,” Dunhoff said. “In the future, perhaps that will change again, but right now we…
Cycling Weekly reported that Primera Sports, in Charminster Road, went into liquidation after insolvency firm Leonard Curtis said its directors took the “difficult decision” to close under mounting financial pressure. Its Winton premises have been shut for about a week, prompting criticism from customers who said they paid for servicing days before the closure and…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
Donna Jones’s new “lovely little one-bedroom unit” was supposed to be part of her retirement plan. The 63-year-old disability support worker’s new apartment, which she bought off-the-plan from the Bathla Group, looked great. It would be smaller and easier to manage, much closer to her grandchildren than her old place, and, she believed, ready in…
Andrew Blundell of Cathro & Partners uses the restructuring of Believe Early Learning to show how voluntary administration can preserve viable childcare businesses by maintaining operations, protecting regulatory approvals and jobs, refinancing secured creditors and delivering a better return to unsecured creditors than liquidation, while stressing that early intervention is critical in a sector facing…