Research company Stayble Therapeutics has convened an extraordinary general meeting on May 7 to decide on voluntary liquidation, or alternatively, continued operations. The company, which develops injectable treatments for chronic back pain, has for some time unsuccessfully sought partnerships and financing to advance the STA363 project. The board is therefore proposing liquidation with the aim…
The Supreme Court of India has set aside the orders of the National Company Law Appellate Tribunal (NCLAT) and the National Company Law Tribunal (NCLT) admitting a corporate insolvency process, clarifying that the period of limitation for a Section 7 application under the Insolvency and Bankruptcy Code (IBC) must be reckoned from the date the…
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A UK construction company has collapsed into liquidation with debts of over £200,000. Oxford Builders Limited, based in Kidlington, Oxfordshire, filed for creditors’ voluntary liquidation earlier this month. The firm, which was founded in 2013, owed £205,100 to various creditors at the time of collapse, according to documents on Companies House. This included £184,432 in…
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Legal action against troubled smelter dropped The Canberra Times Read the original article here
Tasmania’s Liberty Bell Bay manganese smelter went into voluntary administration in March Photo: Ethan James/AAP PHOTOS The corporate regulator has dropped legal action that could have wound up Australia’s only manganese smelter. A buyer is being sought for the troubled Liberty Bell Bay in northern Tasmania, which went into voluntary administration in March. The smelter,…
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ASIC Drops Case Against Liberty Bell Bay Smelter Discovery Alert Read the original article here