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Proof & Company Australia enters administration

Proof & Company has announced its Australian business has entered voluntary administration. One of Asia Pacific’s leading independent spirits companies, Proof & Company has offices in Singapore, Hong Kong, Shanghai, Beijing, Auckland and Christchurch. Its Australian offices are in Melbourne, Sydney and Adelaide. Brands that have partnered Proof & Company Australia in recent years include…

Business insolvencies are on the rise

TLDR Expanding your customer base can help hedge against market trends and challenges. Leveraging free business tools and the advice of an expert can help you stay ahead of issues and remain financially resilient.   Ever wondered why some businesses get off the ground easily, moving from start-up to thriving within a couple of years…

NCLAT dismisses insolvency plea against PepsiCo India- The Week

New Delhi, May 12 (PTI) The National Company Law Appellate Tribunal (NCLAT) has dismissed an insolvency petition against PepsiCo India Holdings after observing that provisions of IBC cannot be turned into a debt-recovery proceeding.     The appellate insolvency tribunal has upheld the earlier order passed by the Chandigarh bench of the National Company Law Tribunal (NCLT),…