The Insolvency Service will make abusive phoenixing, where directors repeatedly walk away from company debts and set up similar businesses again, its leading enforcement priority under a five-year strategy it launches tomorrow. Some 146 investigations have started since April, with another 87 about to begin. Duncan Beach, who became chief executive in January after a…
Debts hit $140k+ in collapse of Noosa restaurant operator couriermail.com.au Read the original article here
A Harrogate horticulture business has entered into liquidation and is said to owe more than £60,000. Grant Horticulture Limited was incorporated in March 2020 and entered into a creditors voluntary liquidation on September 7. Insolvency practitioner Leonard Curtis of Leeds was appointed liquidator. Companies House lists Dean Bolton-Grant, 51, as sole director of Grant Horticulture…
REVEALED: Liquidator appointments for businesses in the Glenorchy council area for September 23 The Mercury Read the original article here
Story audio is generated using AI An explosive Special Investigating Unit (SIU) investigation has uncovered evidence that a “cabal” of master’s office officials, liquidators and insolvency practitioners allegedly captured South Africa’s lucrative liquidation system, rigging appointments, engineering creditor support and, in some cases, committing fraud and corruption to channel lucrative insolvencies to a favoured few.…
Grant Horticulture Limited was incorporated in March 2020 and entered into a creditors voluntary liquidation on September 7. Insolvency practitioner Leonard Curtis of Leeds was appointed liquidator. Companies House lists Dean Bolton-Grant, 51, as sole director of Grant Horticulture Ltd. RECOMMENDED READING: A liquidator’s report known as a statement of affairs has outlined the financial…
Ord Minnett’s private capital clients and pre-IPO investment specialists Perennial Partners and Thorney Technologies are staring down steep losses after Queensland’s RedEarth Energy Storage ran out of steam. The battery player, which was valued as high as $100 million four years ago and counts as board directors Kevin Rudd’s former son-in-law Albert Tse and stockbroker…
The Hyderabad bench of the National Company Law Tribunal (NCLT) has approved Innopark (India) Private Limited’s resolution plan for Baron Infotech Limited. Under the plan, all creditors of the listed company will recover 100% of their admitted claims of ₹2.47 crore. The bench, comprising Rajeev Bhardwaj (Member, Judicial) and Sanjay Puri (Member, Technical), approved the…
Ikonik Hair Ltd of 166 Kings Road, Harrogate, was incorporated in April 2020 and entered voluntary liquidation on September 9. Companies House lists Kate Borgen as sole director. Leeds-based Clough Corporate Solutions were appointed liquidator. RECOMMENDED READING: A financial report by the liquidators known as a statement of affairs says the business had an estimated…
REVEALED: Liquidator appointments for businesses in the Bayside (NSW) council area for September 25 The Daily Telegraph Read the original article here