Iran war to tip 15,000 more firms into insolvency, Allianz warns – Insurance Business
Iran war to tip 15,000 more firms into insolvency, Allianz warns Insurance Business Read the original article here
Pre-Existing Dispute Over Defective Supply & Delay Cannot Obstruct CIRP After Admission of Undisputed Operational Debt: NCLAT Upholds Insolvency Admission [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi has upheld the initiation of Corporate Insolvency Resolution Process (CIRP) against Gemini Engi. Fab. Pvt. Ltd. and held that the Corporate Debtor could not rely on alleged pre existing disputes after admitting an undisputed operational debt through its own consequence sheet and correspondence. The issue arises…
Bookkeeper Launches Integrated Luxembourg Fiduciary Platform Combining Company Formation, Odoo Accounting, Payroll, AI Automation, Tax Management, and Liquidation Services – ACCESS Newswire
Bookkeeper Launches Integrated Luxembourg Fiduciary Platform Combining Company Formation, Odoo Accounting, Payroll, AI Automation, Tax Management, and Liquidation Services ACCESS Newswire Read the original article here
4 kitchen companies collapse into administration or liquidation | UK | News
Waterline Ltd had been around since 1947 (Image: Getty) As companies everywhere from high street restaurants to airlines plunge into administration or liquidation, this extends to the kitchen industry too. Four kitchen companies in particular have collapsed into administration or liquidation – and one has shut with immediate effect. These kitchen companies have faced difficulties…
UK whisky firm entered liquidation with £500k debts leaving customers uncertain | UK | News
A British whisky firm has collapsed into liquidation after accumulating debts running into the thousands. The Scottish company, Whisky Merchant Trading Limited, which ran brands including Cask 88 and Braeburn Whisky, was pushed into administration owing to severe financial difficulties. Stephen Hunt, of Griffins, has been appointed as liquidator. The downfall left “thousands of global…
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Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
Boost Juice’s parent company has stepped in to rescue four long-running stores after the franchise operator behind the locations collapsed earlier this month. Boots Juice confirmed on Friday it would temporarily take over management of the stores at Robina, Australia Fair, Paradise Centre and Surfers Paradise on Queensland’s Gold Coast, after Abadell Pty Ltd was…
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Insolvency Petition Filed Against Dreamfolks Services Over Alleged Default of Rs. 11.40 Crore – scanx.trade
Insolvency Petition Filed Against Dreamfolks Services Over Alleged Default of Rs. 11.40 Crore scanx.trade Read the original article here