KIMBERLEY is facing one of the darkest chapters in its mining history after Ekapa Minerals confirmed five missing miners are now presumed dead and applied for liquidation, halting salaries and closing the historic Du Toitspan mine. In a media statement issued on Wednesday, February 25, Ekapa Resources and Ekapa Minerals confirmed with deep regret that…
Parallel CIRP under the IBC can proceed against debtor and corporate guarantor, Supreme Court rules Goodreturns Read the original article here
Martin Morris: Director of Co Tyrone machinery company in seven-year boardroom ban for unfit conduct Belfast Telegraph Read the original article here
Supreme Court allows simultaneous insolvency proceedings against debtors and guarantors under IBC. No bar to recover dues. New Delhi, Feb 26 (PTI) The Supreme Court on Thursday said that simultaneous Corporate Insolvency Resolution Process (CIRP) proceedings are maintainable against both a principal debtor and its corporate guarantor for the same debt. A bench comprising justices…
China Court Bakery, located on Garscube Road in Woodside, has appointed a liquidator and listed its Motherwell address on Companies House. Our sister title, The Herald, reported that the business passed a resolution “that the company be wound up voluntarily” with debts paid in full. Documents reveal that the liquidator is Stuart Robb, of Robb Advisory. READ NEXT:…
Jaiprakash Associates Committee of Creditors Approves Budget and Bank Guarantee with 89.15% Support scanx.trade Read the original article here
The voices in government expressing concern about the potential liquidation of the sugar milling giant Tongaat Hulett keep growing. The Department of Trade, Industry and Competition (DTIC) believes liquidating the company should only be considered if all other avenues of business rescue have been exhausted. By Lloyd Phillips, senior journalist at African Farming and Landbouweekblad…
Tihama secures initial court ruling on approval of subsidiary liquidation ارقام : اخبار ومعلومات سوق الأسهم السعودي – تاسي Read the original article here
The East India Company the British trading giant that once ruled vast swathes of India and laid the groundwork for colonial rule has closed down once more, this time as a high-end luxury retailer based in London. The modern incarnation of the firm, revived in 2010 by British-Indian businessman Sanjiv Mehta, has gone into liquidation,…
Uni-Asia Group Limited Announces Establishment of Subsidiary and Liquidation of Dormant Entity Key Highlights from the Latest Corporate Announcement Establishment of New Subsidiary, Diamond Bulkship S.A., for Strategic Vessel Acquisition Members’ Voluntary Liquidation of Dormant Subsidiary, Hope Bulkship S.A. No Material Impact Expected on Financials for the Current Year No Director or Controlling Shareholder Interests…