One of the largest tech companies in Cornwall has gone bust. Headforwards Group Limited, based at the Fibre Hub in Pool, near Camborne, entered into voluntary liquidation this month. The outsource software development company, which at its peak employed more than 100 staff, had been at the vanguard of the tech sector in the county…
BCL Enterprises Calls EGM for ₹1,000 Cr Loan; Auditor, Director Changes on Agenda Whalesbook Read the original article here
Datamatics Global Services Announces Liquidation of Netherlands Step-Down Subsidiary scanx.trade Read the original article here
BCL Enterprises Calls EGM for ₹1,000 Cr Loan; Auditor, Director Changes on Agenda Whalesbook Read the original article here
The National Company Law Appellate Tribunal ( NCLAT ) has dismissed the appeal filed by the Employees’ Provident Fund Organisation (EPFO), as it held that the provident fund claims based on the assessment proceedings that took place after the CIRP are not legally sustainable. The issue arises out of the Corporate Insolvency Resolution Process (CIRP)…
A deal to salvage collapsed Queensland luxury caravan manufacturer Zone RV will leave more than 100 customers about $10 million out of pocket. The company went into administration in December owing $42 million and was put into liquidation in January. Melbourne-based Essential Caravans has purchased Zone RV’s assets from the liquidator and luxury vans will…
ST Group Food Industries Provides Monthly Update on GCTea and PPR Liquidations TipRanks Read the original article here
The National Company Law Tribunal’s Amaravati Special Bench has approved a ₹456 crore resolution plan for Mumbai hospital of Seven Hills Healthcare. The resolution plan also includes an additional CIRP costs of approximately ₹205.34 crores and a separate ₹223.48 crore settlement with the Municipal Corporation of Greater Mumbai, finally bringing an end to the long-standing…
The shoe store’s firm has been operating since 2014 (Image: Getty) A UK shoe shop has collapsed into liquidation after more than 11 years in business. Shoe Clearance Ltd appointed liquidators on February 12, according to the listing in the London Gazette published on Monday. It trades under the name Shoe Clearance Outlet in Bradford,…
Corporate Insolvency Practice: Litigation, Procedure and Precedents (3rd edition) Professor Mark Watson-Gandy £145, Wildy, Simmonds and Hill Publishing There are many situations in which an application to court is required in corporate insolvency proceedings. Stipulations and guidance are to be found in various sources. Anyone new to insolvency law may find it daunting to be…