A Cornwall construction firm that specialises in the construction of high-value properties, prestigious refurbishments and multi-dwelling sites in Cornwall will enter liquidation this month, it has been confirmed. Speculation has been rife regarding the future of Nova Construction (Cornwall) Ltd, based at Marlin House on Agar Way in Pool near Redruth, which was said to…
Commenting on the announcement from the Department for Business, Energy, and Industrial Strategy on corporate governance and corporate insolvency framework reform proposals, William Ballmann, Yorkshire council member for R3 and consultant at Gateley plc in Leeds, says: R3 welcomes the governments long-awaited announcement that it is moving forward with its corporate insolvency framework reform proposals,…
Do you know the address of your companys registered office? You should know it might not be the same as your principal place of business. Understanding the difference between the two could save immense stress, legal costs and your company. The address of a companys registered office is the place where documents can be effectively served.…
Do you know the address of your companys registered office? You should know it might not be the same as your principal place of business. Understanding the difference between the two could save immense stress, legal costs and your company. The address of a companys registered office is the place where documents can be effectively served.…
Start-ups that are most in need of government safe harbour laws to protect directors of struggling companies from bankruptcy liabilities, are failing to take up the option, locked out thanks to high advisory costs and tax debts. The laws, which were introduced almost a year ago, are designed to protect directors of a company from…
Do you know the address of your companys registered office? You should know it might not be the same as your principal place of business. Understanding the difference between the two could save immense stress, legal costs and your company. The address of a companys registered office is the place where documents can be effectively served.…
A small Melbourne-based Internet services provider Telecube has gone into liquidation with effect from 29 August and has asked its NBN clients to obtain a connection elsewhere. In an email sent to users, Telecube said: “The purpose of this letter is to inform you that Telecube will no longer be offering NBN services from 4th September…
PUNE: Those who invested their hard-earned money in Lavasa are a worried lot, with the promoter of the scenic hill station facing insolvency proceedings. In a filing with the Bombay Stock Exchange, real estate firm HCC said the National Company Law Tribunal has admitted a plea filed by creditors, who initiated the corporate insolvency resolution…
MONTREAL, Aug. 31, 2018 /PRNewswire/ – BioAmber Inc. (the “Company”) (OTCPK: BIOAQ) announces that following a Court order issued on August 28th, 2018, the stay period ordered by the Court in connection with its restructuring process under the terms of the Companies’ Creditors Arrangement Act has been extended until September 18th, 2018, in order to give…
The liquidation of a company and sale of stressed assets on a piecemeal manner may not be the best way as valuations could further dip and may be detrimental to the interest of various stakeholders as also lenders. The Insolvency and Bankruptcy Code, seeking to facilitate resolution plans guided by the National Company Law Tribunals,…