Acsa has lashed out at claims that the company is facing imminent liquidation. On December 9, The Star reported that multiple service providers had applied for Acsa’s liquidation because it had failed to pay for services rendered amounting to R550 million. However, in a statement, Acsa said liquidation proceedings had been instituted against it by…
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500 jobs gone as iconic fashion retailer shuts down Adelaide Advertiser Read the original article here
Nearly 500 employees will lose their jobs next month as Australian retailer Mosaic Brands shuts down all of its Katies stores, along with 80 other shops across multiple brands owned by the company. All 80 of the Katies stores will close in mid-January as well as another 80 stores across the Millers, Rivers and Noni…
Simplicity chief economist Shamubeel Eaqub said the rate of insolvencies was double what it was at this time in 2023. “It’s consistent with what I would expect and I’d expect this to continue.” He said the coming months would be tough for many businesses, if they were not in hospitality or retail. AdvertisementAdvertise with NZME.…
NauticAWT Limited Faces Compulsory Liquidation Hearing TipRanks Read the original article here
The gross non-performing assets of public sector banks (PSBs) stood at ₹3.16 lakh crore as of September 30, which is 3.09% of the outstanding loans, Parliament was informed on Tuesday. Minister of State for Finance Pankaj Chaudhary said in the Rajya Sabha that as per provisional data of the Reserve Bank of India (RBI), gross…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
ATO lines up liquidation for mystified Perth Glory The Australian Read the original article here
A property company has been ordered to pay a former employee nearly £21,000 for unfair dismissal. But it is unclear how the award will be paid as the Scottish company went into liquidation last year and no longer trades, even though just two years ago it reported an turnover £11.4 million that had increased 33%…