What is the problem? The company which has supplied the CellAED devices, RRR Manufacturing Pty Ltd, has gone into liquidation. The liquidators for RRR Manufacturing, are conducting a Critical Recall for all lots of the CellAED device. As the company has entered liquidation, they can no longer support products in the market. Without ongoing support…
Angry customers who lost millions of dollars when luxury caravan company Zone RV collapsed have launched a national campaign demanding ASIC hold the former director accountable. Sunshine Coast-based Zone RV plunged into administration in December, owing $42 million to hundreds of creditors, including staff, suppliers and customers. The company was voted into liquidation in January,…
REVEALED: Latest business liquidations in Casey Herald Sun Read the original article here
SITI Networks Limited Announces Q2 FY26 Financial Results Under CIRP Management scanx.trade Read the original article here
Access Denied You don’t have permission to access “http://www.ndtvprofit.com/business/discipline-speed-and-creditor-control-how-ibc-overhaul-changes-the-game-for-lenders-11323331” on this server. Reference #18.6c58d617.1775577699.1d1a897 https://errors.edgesuite.net/18.6c58d617.1775577699.1d1a897 Read the original article here
Oxford-based delivery firm Pedal and Post ‘ceased trading without notice’ and collapsed into liquidation leading to 60 job losses – it even had an impact on courier Evri Brits were left without parcels after Pedal and Post collapsed (stock)(Image: Getty Images) A major UK delivery firm collapsed into liquidation after 14 years in business. Pedal…
The retail, accommodation and food services sector have seen a spike in corporate insolvency appointments over the last 12 months, in line with industry concerns. The accommodation and food services industry saw a 21 per cent spike in corporate insolvency appointments over the 2017–18 financial year, while the retail trade sector saw a 19 per…
Income Tax Department cannot initiate Legal Proceedings upon Commencement of CIRP: NCLT Studycafe Read the original article here
On 6 April 2026, the Insolvency and Bankruptcy Code (Amendment) Act, 2026 received Presidential assent, with the objective of strengthening the credibility, speed, and predictability of the insolvency framework, while carefully balancing the interests of creditors, corporate debtors, and other stakeholders. This Act primarily amends the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC).…
Miami-based fintech company Pepper Pay LLC has entered Chapter 7 bankruptcy. The company sought to streamline digital payment solutions for small businesses. The voluntary filing, submitted on March 31, 2026, to the U.S. Bankruptcy Court in the Southern District of Florida, signals the start of a liquidation process aimed at distributing the firm’s limited resources…