Qld scaffolding company’s $2M debt revealed – Sunshine Coast Daily
Qld scaffolding company’s $2M debt revealed Sunshine Coast Daily Read the original article here
Constance Hall puts her online fashion business Queen The Label into voluntary administration
Constance Hall has put her online fashion business into voluntary administration, revealing she was “drowning” in stress. The mummy blogger took to social media on Thursday to announce to her 1.3 million followers she would be shutting down the inclusive Queen The Label over an outstanding loan and tax bill. “I have put Queen The…
Australian online fashion brand Queen The Label collapses into voluntary administration
An Australian fashion business has collapsed into administration as the owner reveals she’s been “stressed out for 7 years”. Constance Hall, a Perth-based mummy blogger and influencer who runs online fashion business Queen The Label, shared the news on Facebook on Thursday night, revealing she’d been “dreading” it. “It’s broken my heart, I started the…
Builder Start Right Homes goes into liquidation with dozens of unfinished projects
Perth-based builder Start Right Homes has become the latest company to go into liquidation, with dozens of houses left unfinished. The Osborne Park building company, which mainly constructed single-storey houses, appointed liquidators on Sunday. According to Western Australia’s Building and Energy department, the company is yet to complete 24 projects. Building and Energy executive director…
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‘Significant anomalies’: Major Aboriginal corporation under investigation – NT News
‘Significant anomalies’: Major Aboriginal corporation under investigation NT News Read the original article here
Adani Power gets NCLT approval to acquire Lanco Amarkantak Power for Rs 4,101 cr, ET LegalWorld
Adani Power on Thursday said the NCLT Hyderabad bench has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL) for an upfront payment of Rs 4,101 crore. LAPL is undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, a BSE filing said. According to the filing, the acquisition shall be…
IBBI proposes amendments to insolvency rules; seeks public comments
The Insolvency and Bankruptcy Board of India (IBBI) has proposed amendments to the Insolvency Resolution Process for Corporate Process regulations, to enhance efficiency and reduce costs, and sought stakeholder inputs by July 10. These amendments are expected to enhance the efficiency and transparency of the Corporate Insolvency Resolution Process (CIRP), and benefiting creditors and other…
Adani Power gets NCLT nod to to acquire Lanco Amarkantak Power for ₹4,101 crore – MSN
Adani Power gets NCLT nod to to acquire Lanco Amarkantak Power for ₹4,101 crore MSN Read the original article here
Byju’s moves NCLAT against insolvency proceedings
MUMBAI: In a widely expected step, Byju’s has moved the National Company Law Appellate Tribunal (NCLAT), challenging a court order which allowed insolvency proceedings to be initiated against the once high flying decacorn startup. Byju’s, sources said, has sought an urgent hearing on the matter. The Chennai bench of NCLAT may take up the matter…