Administrators hand Autocare business back to Linx – Australasian Transport News

Liquidation

Date: 05.07.2021 Deed of company agreement gains creditor endorsement Simon Abela Car carrierAutocareServicesreturnsto parent company Linx Cargo Care Group, havingexitedvoluntary administration on July 1, the latter announces. It re-joins with a new operating model,leadershipteam, property footprint and structure that “places the business on sustainable footing into the future”, Linx notes in a statement. “TheVoluntary Administration…

Unions urge HPCL liquidator to disclose valuation of oil reserves in Cachar – Business Standard

Liquidation

The employees’ unions of two defunct units of, for which bidders have been invited to conduct an e-auction, urged liquidator to disclose valuation of oil reserves in the Cachar Paper Mills land area TopicsHPCL|oil reserves|valuation The employees’ unions of two defunct units of Hindustan Paper Mills Corporation Ltd, for which bidders have been invited to…

High Courts to refrain from interfering with Corporate Insolvency Resolution Process as IBC is self contai … – taxscan.in

Liquidation

By Mariya Paliwala – On July 3, 2021 1:50 pm The Kerala High Court ruled that the High Courts should refrain from interfering with Corporate Insolvency Resolution Process as Insolvency and Bankruptcy Code, 2016 (IBC) is self contained Code. The petitioners, M/s Orlem Pharma Pvt. Ltd. and St. Antonys Medical Distributors challenge the Corporate Insolvency…

National Health Co-op goes into voluntary administration – Canberra, ACT – The Canberra Times

Liquidation

The ACT Health Minister has called on the federal government to reconsider cutting off Canberra from bulk-billing incentives, as 30,000 members of a key affordable healthcare provider face an uncertain future. However, Royal Australian College of General Practitioners president Karen Price said bulk billing wasn’t the answer and broader reform of the system was needed.…

Donald Buckley photography business goes into liquidation, stores closing in Invercargill and Gore – Stuff.co.nz

Liquidation

Kavinda Herath/Stuff The Donald Buckley Photo & Frame store in Invercargill, and one in Gore, are closing their doors on Friday, after more than 40 years in business in Southland. A well-known Southland photography business has gone into liquidation and its stores in Invercargill and Gore are closing down, largely because locals didnt support it,…

Claim Of Refund Of Advance Payment- Whether An Operational Debt Under The Insolvency & Bankruptcy Code,… – Live Law – Indian Legal News

Liquidation

Companies Act, 1956, Corporate Insolvency Resolution Process, Swiss Ribbons Private Limited v. Union of India, Insolvency and Bankruptcy Code, NCLT Top Begin typing your search above and press return to search. Read the full article at: https://www.livelaw.in/law-firms/law-firm-articles-/companies-act-1956-corporate-insolvency-resolution-process-swiss-ribbons-private-limited-v-union-of-india-insolvency-and-bankruptcy-code-nclt-176680

Indian Insolvency and Bankruptcy Code Remains Subject of Debate – The National Law Review

Liquidation

Thursday, July 1, 2021 Introduction The government needs to amend the IBC regulation and recognize the difference between various classes of creditors basis priority and value of security interest in the context of corporate insolvency resolution process and corporate liquidation process while ensuring that the ultimate objective of the Code is not obfuscated. The treatment…

The Corporate Insolvency and Governance Act 2020 extension of temporary measures (UPDATED) – JD Supra

Liquidation

A lifeline for struggling businesses in the United Kingdom the most significant insolvency reforms for a generationCorporate Insolvency and Governance Act 2020The Corporate Insolvency and Governance Act 2020 (the Act) entered into force on 26 June 2020. The Act represents the most significant reforms to the insolvency framework in the United Kingdom since, at least,…