While the Australian restructuring landscape has continued to evolve, the Australian Securities and Investments Commission’s (ASIC) review of the voluntary administration (VA) and deed of company arrangement (DOCA) process remains one of the most comprehensive analyses of formal restructuring outcomes in Australia. Examining more than 5,000 organisations that entered VA between July 2021 and June…
Belgium’s Programme Law 2026, published in the Moniteur Belge earlier this year, fundamentally alters the tax treatment of liquidation reserves and VVPRbis dividends, and with it, the calculus behind every company liquidation decision in Belgium. Directors, CFOs and liquidators now face higher withholding rates, shortened waiting periods and a new anti‑abuse provision that together reshape…
In addition to investigating its solvency and potential recoverability of assets, provisional liquidators appointed to the 12 companies associated with Christopher Malcolm Edwards will have 10 weeks to determine if there were suspected contraventions of the Corporations Act or the ASIC Act. Since September 2021, the Australian Securities and Investments Commission (ASIC) has investigated…
Pneuride specialised in advanced electronic control systems and air suspension components for the automotive industry, and employed 55 staff. The company, established in July 2007, has faced significant financial challenges in recent months, enduring a sustained period of soft trading and mounting pressure on cash flow and profit margins. Pneuride closes after entering administration with 55 jobs…
Kyrgyzstan is shutting down two pillars of its state-backed crypto push. On August 20, 2026, the country’s Cabinet of Ministers issued Order No. 639-t, which mandates the liquidation of OJSC EVA, the issuer of the gold-backed USDKG stablecoin, and OJSC Coin Nomad Exchange. Coin Nomad was the nation’s first state-owned digital-asset exchange. USDKG launched in…
Embattled boat dealership’s debt balloons to $6m The Daily Telegraph Read the original article here
Pneuride specialised in advanced electronic control systems and air suspension components for the automotive industry, and employed 55 staff. The company, established in July 2007, has faced significant financial challenges in recent months, enduring a sustained period of soft trading and mounting pressure on cash flow and profit margins. Pneuride closes after entering administration with 55 jobs…
Global Travel Partners specialises in corporate travel services, including flight and hotel bookings, travel policy management, and expense reporting for clients across the UK and overseas. The company has supported customers in the UK, Europe, North America, the Middle East, and North Africa. It has served more than 100,000 customers and arranged over 35,000 hotel…
Home/Corporate Laws/Provisional Billing Without Dissenting Final Invoice Fails to Raise Pre-Existing Dispute: NCLT Admits ₹2.78 Cr CIRP Against Polycab India Corporate LawsLaw Report NCLT admits CIRP against Polycab India as provisional billing without a dissenting final invoice fails to establish a pre-existing dispute. Get the day’s tax rulings in your inbox × The case number,…
Global Travel Partners specialises in corporate travel services, including flight and hotel bookings, travel policy management, and expense reporting for clients across the UK and overseas. The company has supported customers in the UK, Europe, North America, the Middle East, and North Africa. It has served more than 100,000 customers and arranged over 35,000 hotel…