REVEALED: Latest business liquidations in Manningham – Herald Sun
REVEALED: Latest business liquidations in Manningham Herald Sun Read the original article here
NCLAT: Gratuity, Leave Encashment Not Part of CIRP Cost: Rediff Moneynews
NCLAT dismisses appeal, rules gratuity and leave encashment are not Corporate Insolvency Resolution Process (CIRP) costs, must be settled via resolution plan. New Delhi, Jul 20 (PTI) The NCLAT has dismissed an appeal by a former employee of Duncans Industries seeking priority payment of his gratuity and leave encashment dues by classifying them as insolvency…
The Top Corporate Insolvency Companies Reviewed For 2026
Navigating a corporate insolvency is a challenging operation and can be incredibly stressful for owners who have poured their heart and soul into the businesses that they’ve created. Because of this, finding the right expert support is essential. You need a team around you that really understands your needs and is able to provide you…
NCLT Delhi Orders Dissolution of Cross-Border Payments Company Paysend India
The Delhi Bench of the National Company Law Tribunal (NCLT) has ordered the dissolution of cross-border payments company Paysend India Private Limited after finding that its affairs had been completely wound up and its assets fully liquidated The order was passed by the bench of Acting President Bachu Venkat Balaram Das and Technical Member Yogendra…
Liquidator appointed to restaurant firm after HMRC action
A liquidator has been appointed to Mex 2 U Limited, of Commercial Street, after a petition was made to Dundee Sheriff Court. Richard Bathgate, of Johnston Carmichael, was appointed Liquidator. Official documents recorded that “the nature of business of the company is restaurants”. A petition was earlier presented to the court by the Advocate General for Scotland on behalf…
Vanacomm set to enter CVL – Printweek
Vanacomm set to enter CVL Printweek Read the original article here
Barrie Toys "R" Us store closure date still unclear amid liquidation sale – MidlandToday.ca
Barrie Toys “R” Us store closure date still unclear amid liquidation sale MidlandToday.ca Read the original article here
Firm enters liquidation after property investment complaints
An alternative investment manager has gone into voluntary liquidation. The Financial Conduct Authority has confirmed Prosper has applied to cancel its authorisation. The firm was an alternative investment fund manager and arranged deals in investments. It was also responsible for the activities of its appointed representative, Crowd2Let Capital Limited. The FCA said: “The Financial Ombudsman…
Bushel and Strike pub in Heacham enters liquidation
The Bushel and Strike in Heacham closed last month after being run by Steven Lewis and Karen Eastwood for the last three-and-a-half years. In a statement announcing the pub’s closure, they said: “Unfortunately, due to the current economic climate and recent rises in the costs placed on us, we have sadly decided to call time”.…
Coalition cherry-picks corporate insolvency to spruik payroll tax policy
The NSW Coalition has pointed to insolvency data to argue businesses are struggling under Labor, but the same figures show the number of NSW companies collapsing actually fell last year, and the state’s share of the national total has been shrinking for two years running. The NSW Opposition have claimed more than 5,300 businesses went…