The Supreme Court of India has ruled that simultaneous proceedings for the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC) can be maintained against both the principal debtor and its corporate guarantor. A bench comprising Justice Dipankar Datta and Justice Augustine George Masih held that a creditor is not required…
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JOHANNESBURG — Five miners who were trapped last week after a mudslide flooded a shaft remain unaccounted for and are “now presumed deceased,” the owners of the diamond mining company in South Africa said Wednesday, announcing that it had filed for liquidation and shut the mine. The incident occurred in the early hours of Feb.…
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The Tullibardine Smiddy Limited, based at Strathallan Airfield, passed a resolution earlier this month for the winding up voluntarily and “that George Lafferty, of Begbies Traynor, be appointed liquidator of the company”. The business is described at Companies House as being involved in the repair of fabricated metal products, wholesale of agricultural machinery, equipment and…
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REVEALED: Latest business liquidations in Wellington Herald Sun Read the original article here
REVEALED: Latest business liquidations in Monash Herald Sun Read the original article here
REVEALED: Latest business liquidations in Banyule Herald Sun Read the original article here