The Truck Repair Group in Queensland has gone into voluntary liquidation leaving many local businesses and industry suppliers severely out of pocket. The Truck Repair Group (formerly The River Group) was sold by then director Russ Hill to Scott and Natalie Hunter back in 2020. There are five sites across the State all of which…
ERGO Analysing Developments Impacting Business: IBBI Proposes for Streamlining of Resolution Process Lexology Read the original article here
Gareth Hoole and Ray Cox of Ecovis KGA in Newmarket assessed assets and liabilities of the company, incorporated in 2005 and which until 2019 took guided tours to the island. Richard Raymond KC acting for White Island Tours at the sentencing sentencing hearing in the Environment Court, Auckland, on February 26 last year. Photo /…
The boss of more than 400 firms has been banned from being a company director after playing a key role in a scheme designed to undermine the UK insolvency system. Neville Taylor, 57, was paid by a corporate rescue firm to become the sole director of 12 companies which had ceased trading but not yet…
Taylor – who has been banned from being a company director for nine years – had been paid more than £250,000 by Atherton Corporate (UK) Ltd to become the sole director of more than 400 companies in total, at least 196 of which were run from his address in Bridge Street, Kington. He will now…
Mumbai: Nirma Group-backed Nuvoco Vistas offered ₹1,800 crore to acquire Vadraj Cement, outbidding Adani Group at an auction under the court-monitored corporate insolvency process, said people aware of the matter.JSW Group, JK Cement and ArcelorMittal were among other bidders in the fray. Adani group-backed Ambuja Cement had partnered with Prudent ARC-backed RKG Fund to acquire…
The Insolvency Service has banned a 57-year-old man as a director for nine years after he took part in a scheme to undermine the insolvency system. Atherton Corporate paid Neville Taylor £266,914 to replace the directors of 12 companies which had ceased trading but had not entered liquidation. Taylor, who is listed as a director…
SCOTTSDALE, Ariz., Jan. 7, 2025 /PRNewswire/ — With the growing demand for estate sales and business liquidation services, Grasons offers an ideal franchise opportunity for motivated individuals looking to build a fulfilling and profitable career. As we begin a new year, Grasons, a leader in estate sales and business liquidation services and member of Evive…
ScotPac has released the latest version of its SME Growth Index report, indicating that thousands of Australian SMEs were facing a ‘survival test’ as rising costs and ATO collections accelerate insolvencies. The report, an established pulse check of SME confidence and growth prospects, found 25 per cent of Australian SMEs said they could be tipped…
NUVOCO Vistas takes the lead in Vadraj Cement’s insolvency resolution process Construction Week Online India Read the original article here