ABOUT400 employees, including those in Dubbo, are facing an uncertain Christmas after the national freight company Redstar Transport Pty Ltdwas placed in liquidation. Redstar Transport has offices in Dubbo, Melbourne, Sydney, Brisbane, Adelaide and Perth. A callto the Redstar office in Dubbo for a comment wasntanswered, but it is believed that the Dubbo office employs…
ABOUT400 employees, including those in Dubbo, are facing an uncertain Christmas after the national freight company Redstar Transport Pty Ltdwas placed in liquidation. Redstar Transport has offices in Dubbo, Melbourne, Sydney, Brisbane, Adelaide and Perth. A callto the Redstar office in Dubbo for a comment wasntanswered, but it is believed that the Dubbo office employs…
Dear Sir / Madam, We would like to inform you that the brief particulars of the invitation for expression of interest in Form G as required under the applicable provisions of the Insolvency and Bankruptcy Code, 2016 read with rules and regulation made thereunder has been published on the website of the corporate debtor. The…
Ghana Association of Restructuring and Insolvency Advisors (GARIA), an Association of Professionals established to play a leadership role in corporate restructuring, has urged the government to expedite the process in passing the corporate insolvency bill into law. The Bill will ensure a significant impact in the business environment, provide a framework for restructuring viable businesses,…
NCLT orders insolvency resolution process against CIL subsidiary In a setback to Coal India (CIL), the Kolkata bench of the National Company Law Tribunal (NCLT) has ordered commencement of the corporate insolvency resolution process against its subsidiary Eastern Coalfields (ECL). The tribunal has admitted the insolvency petition, filed by Hinduja Group-controlled Gulf Oil Lubricants India…
Dear Sir / Madam, We would like to inform you that 20th meeting of Committee of Creditors of ABG Shipyard Limited was held on Thursday, 20th December 2018 at 02:30 P.M. IST at BDO India LLP, Level 9, The Ruby, North West Wing, Senapati Bapat Road, Dadar (W), Mumbai 400028, INDIA. You are requested to…
Businessman Gary van der Merwe says Andrion Gouws appears to have abused his authority in a manner that was contrary to logic and arguably detrimental to the solvency of Standard Bank. Pictures: Brendan Magaar/African News Agency (ANA) CAPE TOWN Standard Bank business credit manager, Andrion Gouws, has been accused of colluding with ENS Africas liquidation…
Australian travellers may be left stranded over Christmas after budget airfare company Bestjet collapsed. The Queensland-based companys website collapsed just six weeks after changing hands, the Courier-Mail reports. The owners of Bestjet can confirm that the business has appointed Nigel Markey and Bradley Hellen of Pilot Partners as the voluntary administrators of the Company and…
This is to inform you that 8th Meeting of Committee of Creditors (CoC) was held on 17.12.2018. In the said meeting, the Resolution Applicants presented their plans before the COC. The next meeting of COC is scheduled to be held on 26/12/2018 for further consideration of Resolution Plans. Kindly take the above on your records.…
Christmas travel plans for people who booked holidays with online travel agent Bestjet are in tatters after the company collapsed. The Australian Federation of Travel Agents issued a statement on Wednesday saying that the Brisbane-based company had gone into liquidation. Its website bestjet.com appears to have been taken offline, with a This page isnt working…