The National Company Law Tribunal (NCLT) at Mumbai has held that a housing society which has lodged and secured admission of its claim in a corporate debtor’s insolvency proceedings cannot seek to recover the same dues directly from purchasers of the debtor’s property sold during liquidation. A Bench of Judicial Member Sushil Mahadeorao Kochey and…
The news: Canberra-based Agriculture tech startup Goterra has entered voluntary administration after failing to secure the investment needed to scale its waste-processing operations. The context: The appointment follows ASIC fillings showing the company board appointed Teneo’s Daniel Walley and Martin Ford to serve as joint administrators. In a statement to SmartCompany, a Goterra representative confirmed…
Out-of-pocket customers rage as collapsed Qld tiny homes boss spruiks new venture The Courier Mail Read the original article here
Teak liquidators forced to seek advice over retentions owed to subbies BusinessDesk | NZ Read the original article here
Jun 9, 2026 – 5.00am Serge Golman lives in a $60 million compound on the best street in Vaucluse, hidden down the end of a long driveway with a tennis court and pool. He is the general manager of Austral Interiors, which delivers major fitouts for corporate offices – including the very newsroom in which…
Analysis of Last Year’s Homeplus Audit Report Annual Interest Expenses Reach 570 Billion Won, Deficit Exceeds 1 Trillion Won Disclaimer of Audit Opinion for Two Consecutive Years, Liquidation Becomes More Likely It has been confirmed that Homeplus is on the brink of bankruptcy. After entering court receivership (corporate rehabilitation proceedings) last year and undergoing a…
Goterra, the pioneering ag-tech startup turning food waste into animal feed and fertiliser, has entered voluntary administration. Documents listed by the Australian Securities and Investments Commission show the company board on Wednesday appointed Teneo’s Daniel Walley and Martin Ford to serve as administrators. Related Article Block Placeholder Article ID: 298703 Their appointment spells an uncertain…
New Providence Acquisition III entered into two unsecured, zero-interest convertible promissory notes totaling up to $1.5 million with its co-CEOs, Gary Smith and Alexander Coleman, to fund working capital. Each note provides up to $750,000 and matures upon the earlier of the company completing an initial business combination or its liquidation. At the lenders’ option,…
WhatsApp messages trap kebab manager who targeted worker for illegal premium payments Stuff Read the original article here
First Brands Wins Second Chance to Pursue Liquidation Proposal Bloomberg Read the original article here