After an ordinance brought home buyers under the hood of financial creditors, a financial creditor has moved the National Company Law Tribunal (NCLT) to have the corporate insolvency resolution proceeding initiated against a builder who failed to handover possession of a residential flat in an upcoming apartment complex but also failed to refund the money…
Embattled former Maori Party co-leader Marama Fox is eyeing a return to Parliament in 2023, but says she’s focused on her current cashflow problems at present. Fox, whose consultancy company was liquidated last week, estimates she owes around $156,000 to creditors but says she’s determined everyone will be paid back. Her business problems prompted her…
Jude Petheram Rowan Kearns, director and controlling shareholder of Forestlands NZ Ltd. Shareholders say Kearns has cut contact with them except for updates on his website. (File photo) Investors in Forestlands NZ Ltd say they have little hope of receiving their promised returns as the company goes into liquidation. Forestlands put up no contest when the…
For three days of the Sydney Test against India in 2012, Michael Clarke held court with his home crowd and a nation of cricket lovers. Millions around the country – and many more on the sub-continent – watched as the Australian captain hit an unbeaten triple century – the defining innings of his career. It…
For three days of the Sydney Test against India in 2012, Michael Clarke held court with his home crowd and a nation of cricket lovers. Millions around the country – and many more on the sub-continent – watched as the Australian captain hit an unbeaten triple century – the defining innings of his career. It…
Dear Sir / Madam, We would like to inform you that 3rd meeting of Committee of Creditors of Sterling Biotech Limited was held on Tuesday, 04th September 2018 at 03.00 P.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. The Meeting commenced on 03.00 P.M. IST and…
A FLIGHT school with a base at Leeds Bradford Airport has gone into voluntary liquidation. Just two years ago PTT Aviation outlined its plans to become the premier pilot training and testing facility in the UK – with bases at Leeds Bradford, Newcastle and Durham Tees Valley Airports. At that stage it had a fleet…
1 Defects and recladding claims worth $4 million in a second apartment project have been frozen after Melbourne builder Hickory’s subsidiary was placed into voluntary administration. Owners of 105 apartments in the Anstey Square development in the inner northern suburb of Brunswick had commenced proceedings in the Victorian Civil and Administrative Tribunal seeking the rectification of defects…
5 September 2018 Victorian boat builder bought out of liquidation by previous owners. Victorian boat builder Evolution Boats says it is business as usual after its parent company, PM Marine Manufacturing, was put into liquidation last week. Owner Paul Junginger told Marine Business that prior to PM Marine Manufacturing, of which he was the main…
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