The NCLAT New Delhi bench of Justice Yogesh Khanna (Judicial Member) and Mr. Ajai Das Mehrotra (Technical Member) has held that the amount deposited with the bank by the corporate debtor in pursuance of an One Time Proposal to show bonafides will remain assets of the corporate debtor and can be taken into custody by…
The liquidation of Louis Liebenberg’s diamond dealing company is in the spotlight after findings from a SIU report were leaked. A fracas has been unfolding about the integrity of the liquidation process of fraud-accused diamond dealer Louis Liebenberg’s company Tariomix. This after it has come to light that the liquidators’ key legal advisor features in…
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ED restitutes assets worth Rs 4,025 crore in Bhushan Steel bank ‘fraud’ case Daily Excelsior Read the original article here
New Delhi, Dec 14 (PTI) The ED has restituted assets worth Rs 4,025 crore of the erstwhile Bhushan Steel and Power Limited to JSW Steel following approval from the Supreme Court, the federal probe agency said on Saturday. JSW Steel was the successful resolution applicant to the assets of the insolvent company under the Insolvency and…
A cosmetic surgery with a branch in Southampton which suddenly collapsed without warning has been acquired by a national cosmetics chain. Lorena Cosmetics has acquired the Sk:n cosmetic surgery clinic chain that suddenly closed more than 70 branches across the UK last July, including a branch in East Street, Southampton. According to Lorena Cosmetics, the company…
Nicheliving directors save failed company from liquidation MSN Read the original article here
{{ registerForm.errors.get(‘form’) }} We had trouble validating your card. It’s possible your card provider is preventing us from charging the card. Please contact your card provider or customer support. Credit Card {{ cardForm.errors.get(‘card’) }} … Read the original article here
San Miguel County is Hiring! Blew By You Ltd. A Business Company BVI Company Number: 2082886 (In Voluntary Liquidation) NOTICE is hereby given pursuant to Section 204(1)(a)(i) of the BVI Business Companies Act, 2004 (as amended) that the Company is in voluntary liquidation. The voluntary liquidation commenced on 29 October, 2024. The Liquidator is Mark…
The award-winning International Boatbuilding Training College (IBTC) has been based on the edge of The Broads since 1975. Ideally situated on Sea Lake Road, Oulton Broad in Lowestoft, IBTC has ensured that traditional boatbuilding skills have been preserved for almost 50 years. But it has been announced the college is to close on Friday, December 20…