The case was subsequently overturned by the Court of Appeal. Last week, the Supreme Court refused leave to appeal the Court of Appeal’s decision. The result is that a liquidator can now exercise the statutory power to require information and documents from shareholders, creditors and others situated overseas, in some cases. The question in each…
Electric Guitar PLC’s Subsidiary Faces Liquidation Amid Financial Strain TipRanks Read the original article here
New Zealand Solar Company Backed by BlackRock Ceases Operations Bloomberg Read the original article here
Telecompaper We have been keeping professionals in the telecoms industry up-to-date since 2000. Telecompaper is a well respected, independent research and publishing company focussed on the telecommunications industry. tp:news tp:research tp:events Read the original article here
‘Last chance warning’: Inland Revenue crackdown nets $89m The Press Read the original article here
Thousands of new sporting goods and pieces of leisure equipment remain up for grabs at bargain prices after a major online retailer went into liquidation. The multimillion-dollar fire sale was triggered when T&R International, which traded as T&R Sports and Sports Leisure, collapsed in October. WATCH THE VIDEO ABOVE: Bargain sporting Christmas gifts going under…
Today it was announced that after more than 90 years of operations the Youth Hostel Association of New Zealand, also known as the YHA New Zealand, had gone into liquidation. It joins a growing list of Kiwi companies unable to continue in the face of growing costs with liquidations up 27% up on this time last…
Queensland call centre AGAT Business, currently under investigation by the corporate watchdog, has gone broke and been put into voluntary liquidation. Customers had alleged AGAT sales representatives phoned them offering to check their current super arrangements for free before referring them to financial advisers. Some of those financial advisers then recommended customers move their super…
Videocon Industries schedules 44th meeting of creditors for corporate insolvency resolution ETLegalworld Read the original article here
DFS Secretary Shri M. Nagaraju chairs review meetings to address key operational challenges and enhance efficiency of resolution mechanisms through NARCL and NCLT PIB Read the original article here