The Synergies Dooray Automotive case, the first in which a resolution plan has been approved under the new insolvency law, had all the elements of surprise, drama and confusion. This Visakhapatnam-based maker of automotive parts, garage and service station equipment owed Rs 972 crore to Edelweiss ARC, Alchemist ARC, Millennium Finance and Synergies Castings. The…
Spread the news! The Yorkshire Meatball Company has entered liquidation. (Company number 08578499) The business was set-up and run by David and Gareth Atkinson, father and son. They closed the Harrogate Restaurant in October 2016, after crowdfunding £123,290 earlier the same year. There were was a further restaurant in York and they initially sold…
The baseline qualification for a company director role. The best way to do the course. Tips and tricks on how to pass. The first company director course run by the Australian Institute of Company Directors (AICD) was in 1975. Since then about 40,000 have completed the course, which is widely seen as a base level…
Remember when Topshop announced it was going into voluntary administration in Oz? A million stylish hearts broke the UK brand has long been known to nail runway trends at high street prices, so the possibility that we might have had to go back to international shipping if we wanted our Moto jeans or perfectly hip…
NEW DELHI: The housing and urban affairs ministry is seeking explicit protection for homebuyers hit by insolvency action against builders such as Jaypee Infratech and some of the projects of the Amrapali Group as it is not satisfied with the amendments notified last week. “We would like to be reassured that the notification specifically covers…
The re-signing of Ash Taylor to a three-year extension is expected to be a positive for consortiums looking to buy the Titans licence from the NRL. Picture: Jerad Williams THE NRL will not be able to draw a line under the sale of the Titans by the end of their financial year but are confident…
Sears Canada’s former executive chairman defended his plan to turn around the embattled retailer, and said his bid to buy the company and save it from liquidation was hampered by a creditor protection process biased towards liquidation. Brandon Stranzl, speaking publicly for the first time since the retailer began a full liquidation of its remaining…
TORONTO The former head of Sears Canada says he had a solid plan to revive the insolvent retailer but felt constrained by a court restructuring process that seemed to favour liquidating the companys assets over keeping it afloat. Speaking publicly on Monday for the first time since Sears Canada was put into liquidation two weeks…
The end of Sears Canada Inc. has put several other companies on the spot. Liquidation sales at Sears remaining Canadian stores began last week, after an Ontario Superior Court judge gave the go-ahead earlier this month. But the 65-year-old retailers passing leaves behind questions for companies it did business with and competed against. Those questions…
Yorkshire Meatball Company goes into liquidation | TheBusinessDesk.com A Yorkshire eatery and meatball production firm which last year said it had surpassed crowdfunding targets has gone into liquidation leaving crowd-funding investors out of pocket. The Yorkshire Meatball Company, based in Leeds and which had…