THE collapse of a Gold Coast building company has left 133 tradies and staff more than $3.4 million out of pocket and 35 would-be home-owners in limbo. The Queensland Building and Construction Commission has suspended the licence of Queensland One Homes, which was put into liquidation last month, the Gold Coast Bulletin reports. A related…
Firm has been operating at a very low capacity Chennai, August 16: The interim resolution professional appointed to complete the corporate insolvency resolution process of Amtek Auto, on Wednesday wrote to the exchanges to keep the companys shares listed in order to keep the company as a going concern. NCLTs move The Corporate Insolvency Resolution…
A SHAMBOLIC care company has gone into liquidation with debts of more than £700,000 after failures that left vulnerable adults at risk of abuse. A large-scale multi-agency enquiry is now underway and police are investigating allegations into Alo Care Ltd which runs Ado Lodge in Lymington, Alo Community Services from Highcliffe and Bellus Lodge in…
‘They could not recover any of my money’: workers fail to get super Canberra: Photograph of Geoff Raby, former Australian Ambassador to China, Senior Adviser to Kreab Gavin Anderson, and Michael Morgan, Convenor of Kreab Gavin Anderson????s Asia Business Group in Canberra today, Wednesday 8 December 2011. Photograph by Penny Bradfield. Photo: Penny Bradfield exit…
A showdown with angry and unpaid Eastern Goldfields creditors was speedily averted at last week’s Diggers & Dealers conference, but not all creditors were headed off. A number of suppliers had threatened to protest their lack of payment at the mining conference after hearing that executive chairman Michael Fotios planned to make a presentation. They…
Can Flat Buyers initiate insolvency proceedings against Builders under the Insolvency & Bankruptcy Code? This question assumes greater significance now because many real estate giants are facing insolvency proceedings in various Company Law Tribunals under the new I & B Code, 2016 across the country. Latest is the case of J.P. Infratech which is one…
A SHAMBOLIC care company has gone into liquidation with debts of more than £700,000 after failures that left vulnerable adults at risk of abuse. A large-scale multi-agency enquiry is now underway and police are investigating allegations into Alo Care Ltd which runs Alo Community Services from Highcliffe, Bellus Lodge, Somerford Avenue in Christchurch and Ado…
A SHAMBOLIC care company has gone into liquidation with debts of more than £700,000 after failures that left vulnerable adults at risk of abuse. A large-scale multi-agency enquiry is now underway and police are investigating allegations into Alo Care Ltd which runs Alo Community Services from Highcliffe, Bellus Lodge, Somerford Avenue in Christchurch and Ado…
New Delhi: Resolving the non-performing assets (NPAs) crisis has been a priority for the government. News18 has learnt that the Finance Ministry is thinking of a plan B, to be deployed if the current approach to resolving bad loans does not make substantial progress within a few weeks. The government and the Reserve Bank of…
Lanco Infratech Ltd, against which Corporate Insolvency Resolution Process has been initiated, has said that the management of the affairs of the company vests with Savan Godiawala, who has been appointed as the Interim Resolution Professional. Mr.Godiawala was appointed as the IRP with effect from August 7, under the provisions of the Insolvency and Bankruptcy…