Lenders to the Bathla Group face an urgent call to provide as much as $20 million in funding to the embattled developer, which collapsed this week owing more than $3.5 billion, leaving tens of thousands of homes under development across Sydney’s west in limbo. As many as 170 lender representatives joined a call on Tuesday…
Creditors are sweating on the fate of Sydney home development giant Bathla after the firm collapsed into voluntary administration on Tuesday, owing more than $3 billion. Bathla Group’s managing director Bhart Bhushan said the decision was made as the company faced a “perfect storm” of increased costs and property market pressures. It has left thousands…
Failed marriage is no reason to liquidate a healthy company, judge rules nation.co.ke Read the original article here
ARSS Infrastructure Projects has secured a Rs 104.05 crore contract from East Coast Railway for bridge construction. While this order adds to the pipeline, the company is currently undergoing the Corporate Insolvency Resolution Process (CIRP), a critical factor that investors should monitor alongside its ongoing financial challenges. ARSS Infrastructure Projects has been awarded a work…
Failed marriage is no reason to liquidate a healthy company, judge rules Daily Nation Read the original article here
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Thousands of Aussie kids and their parents have been left in the lurch after a major childcare provider collapsed into voluntary administration, while a separate centre in Melbourne suddenly shut its doors. Parents with children at Edge Early Learning centres in Queensland, South Australia and the ACT were advised administrators KordaMentha had been appointed while…
Hengli Petrochemical’s ex-Singapore trading arm faces winding up application Manifold Times Read the original article here