The National Company Law Tribunal (NCLT) at Delhi has recently ordered the dissolution of Neemsar Vyapaar Private Limited after finding no impediment to doing so, even though a GST demand of ₹100. 20 crore had been raised against the company during the liquidation process. A bench of Judicial Member Bachu Venkat Balaram Das and Technical…
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Judge allows First Brands to advance liquidation plan backed by creditors Investing.com Australia Read the original article here
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March 26, 2026 — 2:30am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA Renowned Australian fashion designer Lee Mathews has faced a public examination in the Federal Court over the liquidation of her fashion company and restructuring of her businesses, which denied a…
Property buyers agency Dashdot owed more than $16.5 million at the time of its collapse, with the Australian Taxation Office, Meta, startup lender Mighty Partners, and 695 customers among its creditors. A preliminary report prepared by Dashdot liquidator Rebecca Gill, of corporate advisory firm Teneo, shines a light on the finances of a startup that…
Australian travellers who collectively lost millions of dollars after their travel agency collapsed are calling on the federal government to overhaul consumer protections in the travel sector. Melbourne-based agency AVG Travels, which sold discounted international tour packages to Asia, Europe and Africa, was placed into liquidation in May. New documents lodged with ASIC show the…
Image used for representative purpose only. | Photo Credit: Getty Images/iStockphoto The outline of India’s Insolvency and Bankruptcy Code (IBC) has long been demarcated by an innate stiffness between the inevitability to preserve distraught companies and the necessity to safeguard the interests of creditors. This contradiction is often cited as the ‘Chakravyuha Challenge’— a structural…