Finnish model of education provider in administration – The Sector
Finnish model of education provider in administration The Sector Read the original article here
No Cookies | Daily Telegraph
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IBBI Suspends Insolvency Professional Hitesh Goel for Two Years Over Supertech and Nobility Estates Lapses
The Insolvency and Bankruptcy Board of India (IBBI) has suspended the registration of an insolvency professional for two years for multiple lapses in handling proceedings of Supertech Ltd and Nobility Estates. In its order passed on March 30, the IBBI’s disciplinary committee (DC) found that Hitesh Goel failed to perform his duties provided under the…
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EVERGRANDE AUTO (00708.HK) Two Subsidiaries Filed for Bankruptcy Liquidation, Trading Remains Suspended – AASTOCKS.com
EVERGRANDE AUTO (00708.HK) Two Subsidiaries Filed for Bankruptcy Liquidation, Trading Remains Suspended AASTOCKS.com Read the original article here
Catherine Williamson joins Aon’s UK Insolvency and Restructuring team
Global insurance and reinsurance broking group Aon has announced that its specialist UK Insolvency and Restructuring insurance and risk team, based in Birmingham, has appointed Catherine Williamson as Growth and Technical Director. In this newly created role, Williamson will focus on delivering insights and solutions to clients managing business restructuring and disruption. By bringing together…
Overseas tax breakthrough brings Interserve liquidation a step nearer
Interserve collapsed in 2019 after rejected deleveraging plans left debts of £814.5 million and other liabilities of £201.7 million. Several subsidiaries remain in liquidation, while others were sold or restructured. This includes TS Facilities Management which was sold to Mitie in 2020, RMD Kwikform which was acquired by Altrad in 2021, and the construction arm,…
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NCLT Admits CIRP Against Corporate Guarantor for Hyderabad FC Loan Default, Holds Guarantee Liability as ‘Financial Debt’ [Read Order]
In a recent ruling, the Chennai Bench of the National Company Law Tribunal (NCLT) admitted a petition under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016, initiating Corporate Insolvency Resolution Process (CIRP) against Carbyne Spartek Private Limited, the corporate guarantor for a ₹2.95 crore loan extended to Hyderabad FC’s operating entity. The petition…