70 suppliers and tradies owed $620000 in Million Dollar Makeovers liquidation – The West Australian

More than $600,000 is owed to suppliers and tradies caught up in the liquidation of rich-list renovator Sasha deBrettons Million Dollar Makeovers. Early numbers from liquidators Hall Chadwick filed with the corporate regulator list more than 70 unsecured creditors believed to be owed a total of $619,700. It includes $61,555 owed to the Australian Taxation…

Adhunik Metaliks seeks 20-day extension to complete insolvency resolution process – Business Line

The Resolution Professional (RP) of Adhunik Metaliks Ltd sought exclusion of 20 days from the mandatory 270-day timeframe required to complete the insolvency resolution process. The 270-day deadline granted to the bankrupt company under the corporate insolvency resolution process (CIRP) expired on April 29. While no resolution plan was approved by the Committee of Creditors…

Perth Fringe World: event company JumpClimb to fold, owing artists $200k – Community Newspaper Group

A PERTH-based events management company is closing down, with claims it owes artists close to $200,000. JumpClimb, which is an independent presenter of events at Perths Fringe World festival, is tipped to enter voluntary administration. A statement on the JumpClimb website said: A combination of factors including a downturn in ticket sales on recent projects, debtors…

Resolution professional to seek direction from NCLT on Adhunik Metaliks’ insolvency proceedings – Business Line

The Resolution Professional (RP) for Adhunik Metaliks Ltd will present a detailed report before the Kolkata bench of the National Company Law Tribunal (NCLT) on Tuesday seeking suitable directions with regards to the insolvency proceedings of the company. The 270-day deadline granted to the bankrupt company under the corporate insolvency resolution process (CIRP) expired on…