UK fashion retailer to close all 15 stores after collapsing into liquidation – The Western Telegraph
UK fashion retailer to close all 15 stores after collapsing into liquidation The Western Telegraph Read the original article here
Failed Dashdot business transferred ownership to Virgin Islands before collapse
More than 95 per cent of Dashdot shares were allegedly transferred to a British Virgin Islands company in 2024 for just $100, two years before the buyer’s agency entered liquidation, REB, a Momentum Media publication can reveal. The transfer of ownership of one of the nation’s largest buyer’s agents leaves its Australian customers with little…
Downlow Burgers Kelston goes into liquidation three months after opening, third store in chain to go under in nine months
Pritesh Patel of Patel and Co was appointed liquidator. According to the first liquidator’s report, Wang advised the business was in operation for “no more than three months”. Wang told Patel the business had failed from its initial purchase to achieve the required turnover to satisfy its fixed and variable business expenses as and when…
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Separate Eviction Proceedings Not Required for RP to Reclaim Corporate Debtor’s Assets During CIRP: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that a Resolution Professional is not required to institute separate eviction proceedings to recover possession of assets belonging to a corporate debtor during the Corporate Insolvency Resolution Process (CIRP). The issue arose when the Resolution Professional, after taking charge of the corporate debtor, discovered that several…
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High street fashion chain enters liquidation with 'closing down' sales – Wandsworth Times
High street fashion chain enters liquidation with ‘closing down’ sales Wandsworth Times Read the original article here
Collapsed Aussie gin distillery has major revival as bottle declared world’s best
A Western Australian distillery has stunned fans with a dramatic comeback, winning three top honours at a prestigious gin awards after going into voluntary administration last year. Many assumed Old Young’s Distillery in Swan Valley would cease operation following voluntary administration in September, but founder James Young had other plans. On June 2, the distillery…
REVEALED: Latest business liquidations in Adelaide – Adelaide Now
REVEALED: Latest business liquidations in Adelaide Adelaide Now Read the original article here