EXCLUSIVE by STEVEN DOWNES National news: the closure of a Croydon bakery chain this week was covered widely, without many reporting Ranganathan’s loss of £400,000 in shares Romesh Ranganathan stands to lose up to £400,000 Staff were only informed of business’s closure by text message Since 2023, directors transferred £5.7m property assets to another company…
Liquidated Indian restaurant owes more than $300k to IRD, staff and other creditors thepost.co.nz Read the original article here
A SCOTTISH businessman has been banned from directing companies after attempting to smuggle tobacco hidden in furniture into the UK. Fazle Masum, who is based in Glasgow, was fined £153,000 for the attempted crimes, forcing his company Unique Enterprise Ltd into liquidation owing almost £175,000. Border Force officers intercepted a shipment addressed to Masum’s company…
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Legal experts said the amended Insolvency and Bankruptcy Act, 2026 requires proof of both debt and default before the NCLT admits insolvency cases. The amendments also introduce changes to resolution processes, liquidation rules and Competition Commission approval requirements Published Date – 3 July 2026, 07:08 PM New Delhi: The National Company… Read…
Gagan AnandManaging Partner. Legacy Law Offices, [email protected] Foreign arbitral awards are central to international commercial dispute resolution. Their value lies not only in adjudicatory finality but also in the predictability of enforcement. India, as a signatory to the New York Convention, has, over time, developed a largely pro-foreign award enforcement jurisprudence under Part II of…
Classic car restoration company based near Huntingdon enters liquidation after 27 years of trading Peterborough Telegraph Read the original article here
A Canberra Pilates studio has been reported to have been advertising end-of-financial-year (EOFY) sales days before it was placed into liquidation. As reported by The Canberra Times, STRONG Pilates Braddon was placed into liquidation on 17th June, eight days after it had shared links to an end of EOFY sale on its Facebook and Instagram…
Homeplus Collapses Over 200 Billion Won Shortfall… Liquidation Countdown Begins 아시아경제 Read the original article here