JKM Transport Solutions Ltd, based in Armadale, appointed administrators on June 29. The news was published in the Edinburgh Gazette on Friday, with Companies House data also confirming the business has filed for insolvency. READ MORE: Protestors block busy Glasgow road after alleged sexual assault in the area George Lafferty, of BTG Begbies Traynor (Central)…
JKM Transport Solutions Ltd, a family-run haulage and freight company based in West Lothian, Scotland, has entered liquidation (Image: Getty) A family-run UK haulage and freight firm has collapsed into liquidation in yet another significant blow to the UK transport industry following conflicts in the Middle East. JKM Transport Solutions Ltd appointed administrators on June…
The National Company Law Tribunal (NCLT), New Delhi Bench has held that the pendency of proceedings before the Real Estate Regulatory Authority (RERA) and delays allegedly caused by lack of external infrastructure cannot be used as a defence to defeat an insolvency petition filed by allottees under Section 7 of the Insolvency and Bankruptcy Code,…
The National Company Law Tribunal (NCLT) New Delhi Bench admitted a Section 7 application filed by homebuyers after finding that the developer’s failure to hand over possession within the promised timeline constituted a financial default warranting initiation of the Corporate Insolvency Resolution Process (CIRP). The petition was filed by 176 allottees of a real estate…
Zen Energy put into administration just days after regulatory approvals for sale and transfer Renew Economy Read the original article here
REVEALED: Latest business liquidations in Manningham Herald Sun Read the original article here
On Wednesday, July 1, Bradford on Avon childcare provider FUNdays Club Ltd. sent a letter to parents of children who had been booked in at the club announcing that it would cease trading at 6pm on Friday, July 6. The business is based out of Christchurch Primary School and Fitzmaurice Primary School, offering before and…
No Certiorari Against Trial Court Decrees During Corporate Insolvency: Karnataka HC Directs Petitioners to Avail CPC Remedies Taxscan Read the original article here
A parent has said they have been left ‘reeling’ after a children’s holiday club announced it would be entering liquidation. On Wednesday, July 1, Bradford on Avon childcare provider FUNdays Club Ltd. sent a letter to parents of children who had been booked in at the club announcing that it would cease trading at 6pm…
The head office of Home Plus in Seoul. The cash-strapped discount chain faces the risk of liquidation after the court ended its rehabilitation proceedings. Photo by Home Plus July 3 (UPI) — South Korea’s Home Plus faces the risk of liquidation as the court halted the rehabilitation proceedings for the country’s troubled discount chain after…