Oxfordshire firm closing after 19 years trading amid liquidation – This Is Oxfordshire
Oxfordshire firm closing after 19 years trading amid liquidation This Is Oxfordshire Read the original article here
No Cookies | Herald Sun
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Jaiprakash Gaur backs Adani takeover of JAL, expresses confidence in leadership
Jaiprakash Associates Ltd (JAL) founder Jaiprakash Gaur has expressed confidence in the Adani Group taking over the debt-laden company, following its selection as the successful resolution applicant under the insolvency process. In a public statement, Gaur acknowledged the challenges faced by the company and its stakeholders during the Corporate Insolvency Resolution Process (CIRP). “The recent…
Hythe Ferry Company Enters Voluntary Liquidation After Failed Rescue Efforts
The Hythe and Southampton Ferry Company has entered creditors’ voluntary liquidation after efforts to secure a long-term future for the historic service proved unsuccessful. The ferry, owned by Red Funnel, has been out of operation for the past 18 months while attempts were made to find a sustainable solution to bring it back into service.…
Panel suggests pre-insolvency mechanism, greater PSU participation for faster resolution of real estate distress – The New Indian Express
Panel suggests pre-insolvency mechanism, greater PSU participation for faster resolution of real estate distress The New Indian Express Read the original article here
'The Australian dream is fading': North East family business faces $1M debt – The Border Mail
‘The Australian dream is fading’: North East family business faces $1M debt The Border Mail Read the original article here
IBC Section 9 | Existence of Plausible Pre-Existing Dispute Bars CIRP Admission: Supreme Court Restores NCLT Order
The Supreme Court of India has held that the National Company Law Appellate Tribunal (NCLAT) cannot delve into the actual merits of a dispute while considering an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). A Division Bench comprising Justice Sanjay Kumar and Justice R. Mahadevan set aside the NCLAT’s decision…
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UK parcel company crashes into liquidation – in business since 2002 – MSN
UK parcel company crashes into liquidation – in business since 2002 MSN Read the original article here
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