Recruitment and superannuation stalwart Hudson Global Resources (Aust) Pty Ltd entered administration on April 22, citing “legacy liabilities” and a chance for restructuring as the reasons, according to documents obtained from the Australian Securities and Investments Commission. Read the original article here
Kaboodle Ltd has ceased trading with immediate effect after the kitchen appliance supplier and installer ran into financial difficulties. The company confirmed it has entered creditors’ voluntary liquidation, with BRI Business Recovery and Insolvency appointed to oversee the process. Cash constraints forced the closure, according to commercial director David Simpson. In a statement, the firm…
The venture was short-lived. After being taken over by the Territorial Collectivity of Saint Martin and the company Edeis in October 2023, Air Antilles was placed in receivership on Monday, April 27, by the Mixed Commercial Court of Pointe-à-Pitre. The court rejected the takeover bids submitted since the company was placed in receivership on February…
The Edinburgh-based company ceased operations following the voluntary liquidation. The formal appointment of Opus Restructuring to EcoJet follows the allocation of interim liquidators earlier this year. The company planned flights from Edinburgh to Southampton with mainland Europe and longer flights also proposed, but the schedule was not launched. It comes amid separate pressures for the…
UK kitchen firm shuts down website and ceases trading with ‘immediate effect’ Herald Series Read the original article here
The company was formed in 2016, and operated from James Carter Road, Mildenhall in the UK. West Yorkshire Meat Suppliers produces meat and poultry meat products, and at the end of March, British Gas Trading Ltd presented a petition to wind up the company after it accrued unpaid debts. A winding up petition is a…
Cosmetics brand forced into Chapter 7 liquidation by lender thestreet.com Read the original article here
In a significant ruling strengthening the Insolvency and Bankruptcy Code’s moratorium shield, the Gujarat High Court has held that Gujarat Industrial Development Corporation (GIDC) could not terminate a 99‑year lease or evict Gujarat Hydrocarbons and Power SEZ Limited during the corporate insolvency resolution process, dismissing GIDC’s Letters Patent Appeal against a Single Judge order that…
UK steel firm set to collapse into liquidation – in business for 11 years MSN Read the original article here
Thank you for reading this post, don’t forget to subscribe! Supreme Court of India upheld NCLAT order restoring CoC in Think & Learn Private Limited insolvency. Bench of Justice JB Pardiwala and Justice Vijay Bishnoi dismissed appeal by Byju Raveendran. The Supreme Court of India on Monday refused to interfere with an order of the…