High court orders Banxso’s final liquidation as investors face long road to recovery – Daily Maverick
High court orders Banxso’s final liquidation as investors face long road to recovery Daily Maverick Read the original article here
Company liquidations still rising – Centrix – BusinessDesk | NZ
Company liquidations still rising – Centrix BusinessDesk | NZ Read the original article here
Swiss to wind down MBaer private bank after US money-laundering accusation – Reuters
Swiss to wind down MBaer private bank after US money-laundering accusation Reuters Read the original article here
GrabOne to relaunch under Kiwi ownership nearly five months after going into liquidation – Stuff
GrabOne to relaunch under Kiwi ownership nearly five months after going into liquidation Stuff Read the original article here
GrabOne returns from liquidation under new Kiwi ownership
Popular deals site GrabOne has relaunched under new Kiwi ownership, nearly a year after the platform went into liquidation. Wellington-based holding company Paradigm Group announced today it has bought GrabOne and is bringing the website back online. The site – which offered users deals on experiences, products and travel – officially relaunched today. Paradigm Group…
Clothing company implicated in sweatshop scandal cries foul
A photo taken by inspectors from the National Bargaining Council for the Clothing Manufacturing Industry at a sweatshop in KwaZulu-Natal. Photo supplied. The National Bargaining Council for the Clothing Manufacturing Industry is seeking to liquidate Drake Clothing, alleging it contracts with unregistered sweatshops. Drake Clothing, which supplies Pep, Mr Price and Foschini, has accused the…
Banxso’s final liquidation – Moneyweb
The Western Cape High Court has ordered that online trading platform operator Banxso (Pty) Ltd be placed into final liquidation, concluding that the company is insolvent, operated unlawfully and can no longer function as a viable business. The judgment, delivered on Monday by Judge J Le Grange, follows an earlier provisional winding-up order granted on…
PDUNASS Conducts Half-Day Workshop on Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 – PIB
PDUNASS Conducts Half-Day Workshop on Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 PIB Read the original article here
IBBI Flags Insolvency Professional for Operating CIRP Account Post-Liquidation, Rejects Procedural Objections [Read Order]
The Insolvency andBankruptcy Board of India’s (IBBI) Disciplinary Committee (DC) has dismissed preliminary objections raised by an Insolvency Professional (IP) in proceedings arising from his role as Resolution Professional (RP) in the Corporate InsolvencyResolution Process (CIRP) of Gemus Engineering Limited. The matter stems from a complaint filed after Anchalia’s tenure as RP ended in December…
SITI Networks Reports ₹1,206 Crore Loan Default Across Multiple Lenders – scanx.trade
SITI Networks Reports ₹1,206 Crore Loan Default Across Multiple Lenders scanx.trade Read the original article here