Food delivery company Foodora has gone into voluntary administration in a move it says will put legal action against it on hold. Foodora Australia, which is fighting a landmark test case on the rights of workers, said voluntary administration would give it “essential breathing space”, including a suspension of claims against it. Foodora has announced it…
Food delivery company Foodora has gone into voluntary administration in a move it says will put legal action against it on hold. Foodora Australia, which is fighting a landmark test case on the rights of workers, said voluntary administration would give it “essential breathing space”, including a suspension of claims against it. Foodora has announced it…
Food delivery company Foodora Australia has entered voluntary administration just two weeks after announcing it will cease Australian operations on 20 August. The company appointed Simon Cathro and Ivan Glavas of Worrells Solvency and Forensic Accountants as voluntary administrators on Friday, 17 August. Advertisement The move will effectively suspend the ongoing sham-contr… Read the full article at: https://www.hospitalitymagazine.com.au/foodora-placed-in-voluntary-administration/
Foodora has gone into voluntary administration over concerns it cannot exit Australia solvent, suspending a potentially precedent-setting sham contracting case against the gig company. The on-demand food delivery firm appointed Worrells Solvency and Forensic Accountants on Friday just two weeks after announcing it was closing its operations on August 20. In a statement, Worrells said…
Delivery food company Foodora has entered into voluntary administration, two weeks after it told the ABC it was “solvent”. “While Foodora’s intention was to wind down its affairs in Australia in an orderly fashion and with the support of its parent company [Delivery Hero] to meet all known liabilities, the company has been faced…
About 100 would-be homeowners have had their dreams crushed after an estimated total of $3 million in housing deposits went missing. Winning Post Officer allegedly took the deposits before the families were told the company had gone into liquidation. The company linked to the project, RIC Homes, does not even own the land the buyers…
Dear Sir / Madam, We would like to inform you that 2nd meeting of Committee of Creditors of Sterling Biotech Limited was held on Friday, 10th August 2018 at 12.00 Noon IST at IMC Bldg., IMC Marg, Churchgate, Mumbai – 400 020, Maharashtra, India. The voting period for list of resolutions to be voted at…
With reference to the subject matter this is to inform you that the Eighth Meeting of Committee of Creditors of the Corporate Debtor was held on 25th June, 2018 at 2:00 PM at Grant Thornton India LLP, 15th Foor, Tower IIM India Bulls Finance Centre, Senapati Baapat Marg, Elphinstone (W), Mumbai 400013. The outcome of…
Resolution Professional had filed application on 12th July 2018 vide Application No. IA257/2018 before NCLT Ahmedabad relating to extension for a period of 90 days as per section 12(2) of Insolvency and Bankruptcy Code,2016 read with regulation 40 of IBBI (Insolvency resolution process for Corporate person) Regulations,2016.Honble Bench of NCLT had granted the same and…
With reference to the subject matter this is to inform you that the Tenth Meeting of Committee of Creditors of the Corporate Debtor was held on Wednesday, 8th August, 2018 at 12:00 P.M at Grant Thornton India LLP, 16th Foor, Tower II , India Bulls Finance Centre, Senapati Bapat Marg, Elphinstone (W), Mumbai 400013.The outcome…