Major transport company plunges into administration – in business for 40 years | World | News

A trucking business that has been in business for 40 years has fallen into voluntary administration. Australian Nighthawk Transport went into administration last month as the business struggled with low revenue, tumultuous weather, equipment repairs, staff difficulties, legal costs. The trucking company went under owing ANZ almost $7.5 million and another $1.6 million to the…

No Cookies | Sky News Australia

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NCLT Orders Homebuyer to Refund ₹1 Cr Recovered Under RERA, Restricts Claim to ₹68.25 Lakh Amidst Developer’s CIRP [Read Order]

In a recent ruling, the National Company Law Tribunal (NCLT) Allahabad Bench has directed a homebuyer to return ₹1 crore previously recovered through Uttar Pradesh Real Estate Regulatory Authority (UP RERA) proceedings after noting that the developer was undergoing Corporate Insolvency Resolution Process (CIRP). The Tribunal also restricted the admitted claim to ₹68.25 lakh. The…

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No Cookies | Daily Telegraph

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