Norwich independent financial adviser Chandler King (City) Limited (FRN 440232) has entered creditors’ voluntary liquidation after agreeing to a voluntary requirement with the FCA in April, which restricted its activities. Grace Jones and Karyn Jones of Parker Andrews were appointed as joint liquidators on 17 September. A creditors’ voluntary liquidation is a voluntary process initiated…
REVEALED: Liquidator appointments for businesses in the Wyndham council area for October 26 Herald Sun Read the original article here
REVEALED: Liquidator appointments for businesses in the Port Phillip council area for October 26 Herald Sun Read the original article here
REVEALED: Liquidator appointments for businesses in the Whittlesea council area for October 26 Herald Sun Read the original article here
The Supreme Court held that the Committee of Creditors cannot withdraw an approved resolution plan after submission to the NCLT and directed examination of the company’s current financial position. – Bank of India & Ors. v. S.M. Kamal Pasha & Ors. The Supreme Court of India has reiterated that the Committee of Creditors (CoC) cannot…
Crafter’s Companion released a statement after workers at the Newton Aycliffe company in County Durham, were told the devastating news during a face-to-face meeting with the TV entrepreneur on Monday (October 19). As reported, 42 staff at Crafter’s Companion’s Horndale Avenue headquarters in Newton Aycliffe and 16 at its Evesham store near Worcester were made…
Crafter’s Companion released a statement after workers at the Newton Aycliffe company in County Durham, were told the devastating news during a face-to-face meeting with the TV entrepreneur on Monday (October 19). As reported, 42 staff at Crafter’s Companion’s Horndale Avenue headquarters in Newton Aycliffe and 16 at its Evesham store near Worcester were made…
Torsion Projects Limited, based in Leeds, specialised in the delivery of care home schemes across the UK. It was incorporated in 2015 and employed 54 members of staff, having been a part of the wider Torsion Group. Torsion Projects enters administration after 11 years PROJECT UPDATE: Lancaster Wharf, Birmingham Our 23-story, 266-apartment development. Façade work…
Frozen food manufacturer enters liquidation after 13 years TheBusinessDesk.com Read the original article here
This article critically examines the resolution professional’s success fee under Regulation 34-B of the CIRP Regulations, 2016, analysing its impact on creditor recoveries, impartiality, proportionality and insolvency law safeguards. Introduction The declared object of the Insolvency and Bankruptcy Code, 2016 is the resolution of a corporate debtor for the maximisation of value for the benefit…