Big plans to save iconic 134-year-old South African sugar company from liquidation and save 250,000 jobs Daily Investor Read the original article here
The National Company Law Tribunal (NCLT) at Chennai has reiterated that a settlement reached during the liquidation of a corporate debtor does not absolve a personal guarantor of liability under a separate contract of guarantee. A bench of Judicial Member Sanjiv Jain and Technical Member Venkataraman Subramaniam admitted an insolvency petition filed by Aditya Birla…
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Yesterday, the Herald revealed the burger chain’s holding company, BurgerBurger Holdings, had been placed into receivership. Waterstone’s Adam Botterill was appointed receiver of that business on Wednesday by Beach Road Holdings. BurgerBurger Holdings (in receivership) is the shareholder of the two businesses that are in administration. The holding company has 11 shareholders, the largest of…
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