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R30m crypto mystery prolongs iCE3X liquidation

The liquidators state that repeated attempts to obtain the remaining crypto assets voluntarily were unsuccessful. (Image generated by ChatGPT) The liquidation of iCE3X, one of South Africa’s oldest crypto-currency exchanges, has been delayed for a further year, as liquidators continue efforts to recover more than R30 million in allegedly missing crypto-assets and prepare fresh legal…

Kiwi Crunch enters voluntary administration | News

Top New Zealand apple grower-exporter Kiwi Crunch Hawke’s Bay has entered voluntary administration, according to a report from RNZ. Several other associated entities, including Kiwi Crunch Exports, Kiwi Crunch Orchards, Kiwi Crunch Farms, Kiwi Crunch Nurseries, and KC IP were also placed into voluntary administration at the same time.  The move follows recent news that Kiwi Crunch subsidiary Crasborn…

Tasmania’s Pub Banc group enters voluntary administration

Leading Tasmanian hospitality group Pub Banc Group and Hotel Banc Group (Pub Banc), which operates seven venues across Hobart, has entered voluntary administration, with Adam Johnston of Apex Advisory appointed to manage the process. Pub Banc’s venues include Cargo Bar, Jack Greene, Post Street Social, Observatory Bar, Republic Bar, Franklin Wharf Restaurant & Bar and…

NCLAT Upholds Finality of Concluded E-Auction Under IBC…

A. Joseb Raj v. P.R. Raman and Anr., Company Appeal (AT) (CH) (Ins) No. 457/2025, NCLAT Chennai Bench. In a recent pronouncement, the Chennai Bench of the National Company Law Appellate Tribunal, comprising Justice Sharad Kumar Sharma (Judicial Member) and Mr. Jatindranath Swain (Technical Member), dismissed a company appeal challenging the liquidation-stage e-auction of the assets of…