NCLT Admits Insolvency Petition Against BGR Energy Systems with Rs.584.67 Crore Default – scanx.trade
NCLT Admits Insolvency Petition Against BGR Energy Systems with Rs.584.67 Crore Default scanx.trade Read the original article here
Council’s £68m write-off as Brick by Brick goes into liquidation
The housing company that borrowed £200m but never made a penny profit is finally to be closed down after a six-year winding-up process.By STEVEN DOWNES Brick by Brick, the council-owned housing company that bankrupted the borough, has gone into voluntary liquidation. Official notices appeared on the Companies House website yesterday, less than a month after…
Spirit Airlines: Government Mistake, Then Government Ownership? – Cato Institute
Spirit Airlines: Government Mistake, Then Government Ownership? Cato Institute Read the original article here
Red Rooster festival in Suffolk cancelled due to rising costs
In a statement, it said the “much-loved festival” was “shaped by its community, returning supporters, artists, traders, crew and the very special setting at Euston Hall”. ”Due to a combination of reduced ticket sales, rising operational costs and ongoing financial pressures, it has not been possible to secure the funding required to deliver this year’s…
Construction company plunges into liquidation with all jobs lost – in business since 1863 | UK | News
A joinery specialist based in Scotland plunged into liquidation this week. Ltd, which traded as Oastler, has ceased trading with the loss of all 23 jobs after more than 160 years in business. The Dundee-based firm, founded in 1863, provided joinery services for residential and commercial clients, including refurbishments and the bespoke design and manufacture…
All jobs lost as 160-year-old construction firm goes bust
Alexander Oastler Ltd has operated in Dundee for more than 160 years, being founded in 1863. It specialised in bespoke furniture, renovations, design and refurbishments for commercial and domestic customers. All 23 jobs have been lost after liquidators Interpath were appointed on Tuesday, April 21. Increasing costs paired with “lower levels of housebuilding” contributed to…
Prime Bins leaving Edwardsville location; next-door liquidation business expanding
EDWARDSVILLE — Prime Bins, the discount outlet that sells liquidated, overstock and returned merchandise, plans to close its Edwardsville location in the Gateway Shopping Center to focus on its Wilkes-Barre location, the company announced Tuesday. Meanwhile, a next-door business, Name Brand Liquidations, will move into the space vacated by Prime Bins to open a sister…
Tongaat gets IDC lifeline, pauses liquidation -Newsday Zimbabwe
Tongaat Hulett Limited Tongaat Hulett Limited has secured a post-commencement funding lifeline from the Industrial Development Corporation (IDC), extending the facility to June 30, 2026, increasing it from ZAR200 million to ZAR2,5 billion and pausing liquidation proceedings. The extension gives the embattled sugar producer breathing room to stabilise operations and revive its stalled business rescue…
Major UK food firm collapses into liquidation – in business since 1994
A major food wholesaler has collapsed after 35 years in business. A total of 71 people have lost their jobs after Enterprise Foods Limited, which traded as Localist, went bust. The East Kilbride-based company helped Scottish suppliers, producers, and farmers get their goods onto the shelves of retailers such as Waitrose, Co-op, Poundland, and Morrisons.…
Spirit Airlines May Be On The Verge Of Liquidation—What Happens To Your Money If It Goes Under – Forbes
Spirit Airlines May Be On The Verge Of Liquidation—What Happens To Your Money If It Goes Under Forbes Read the original article here