Australian travellers may be left stranded over Christmas after budget airfare company Bestjet collapsed. The Queensland-based companys website collapsed just six weeks after changing hands, the Courier-Mail reports. The owners of Bestjet can confirm that the business has appointed Nigel Markey and Bradley Hellen of Pilot Partners as the voluntary administrators of the Company and…
This is to inform you that 8th Meeting of Committee of Creditors (CoC) was held on 17.12.2018. In the said meeting, the Resolution Applicants presented their plans before the COC. The next meeting of COC is scheduled to be held on 26/12/2018 for further consideration of Resolution Plans. Kindly take the above on your records.…
Christmas travel plans for people who booked holidays with online travel agent Bestjet are in tatters after the company collapsed. The Australian Federation of Travel Agents issued a statement on Wednesday saying that the Brisbane-based company had gone into liquidation. Its website bestjet.com appears to have been taken offline, with a This page isnt working…
Budget airfare website Bestjet has collapsed just six weeks after it changed hands, sparking fears Australian travellers may be left stranded over Christmas. The Queensland-based companys website is currently offline, with the Australian Securities and Investments Commission (ASIC) listing its status as under external administration. 9News understands Bestjet Travel Pty Ltd was yesterday put under…
GROWER-BASED conservation farming association, Conservation Farmers Inc (CFI), is to be wound up. The organisation, which has driven the adoption of no-till farming practices for more than three decades in the northern farming regions of Queensland and northern New South Wales, has been put into voluntary liquidation following a claim by a former director for…
Dear Sir / Madam, We would like to inform you that Meeting of the Resolution Professional is scheduled to be held on Wednesday, 19th December 2018 at 02.30 P.M. IST at C-25, Laxmi Towers, A – 601, 6th Floor, Bandra Kurla Complex, Bandra (East), Mumbai 400051, INDIA to consider and approve audited financial results for…
Dear Sir / Madam, We would like to inform you that 19th meeting of Committee of Creditors of ABG Shipyard Limited was held on Monday, 17th December 2018 at 02:30 P.M. IST at BDO India LLP, Level 9, The Ruby, North West Wing, Senapati Bapat Road, Dadar (W), Mumbai 400028, INDIA. You are requested to…
It started early with the collapse of womenswear label Maggie T in early January and the bloodbath affecting Aussie retailers has been relentless ever since. While 2017 saw the demise of huge labels such as Topshop and Topman Australia, Marcs, David Lawrence, Herringbone, Rhodes & Beckett, Pumpkin Patch and Payless Shoes, it seems 2018 has…
Laura Ashley is closing its doors for good in Australia, after a buyer failed to materialise during the administration process, despite several expressions of interest. The fashion and homewares retailer will close 16 stores in all states and the ACT by the end of this month, and 100 employees will be out of a job.…
The recent amendment in the Insolvency and Bankruptcy Code 2016 (IBC) has created a special status for the homebuyers as financial creditors with effect from 6 June 2018. The amendment was brought into force at a pivotal junction when the ongoing litigations in projects by Jaypee Infratech and Unitech brought to limelight the hapless situation…