The Karnataka High Court has declined to entertain an objection by an erstwhile director of A.L. Sudershan Construction Co. Ltd. against a settlement with the National Highways Authority of India (NHAI) over an arbitral award The court observed that the company was under liquidation and was duly represented by the Resolution Professional, and that any…
Iconic retail chain Aussie Disposals is set to live on through nine independently owned stores in Victoria and southern New South Wales, but the former franchisor for the brand is in the process of being liquidated. The discount outdoor and camping retailer, which was founded in Victoria in 1962, fell into voluntary administration in March…
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NCLAT upholds liquidation of Ushdev International, junks Taguda’s Rs 227-cr revival plea New Delhi, Insolvency appellate tribunal NCLAT on Monday dismissed an appeal by Singapore-based Taguda Pte Ltd against the liquidation of Ushdev International, holding that the resolution applicant’s “persistent and inordinate failure” to implement its plan for over three years left the NCLT with…
Stranded buyers face deposit blow in $30m Vic caravan crash Herald Sun Read the original article here
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