Money Management looks at the events that led to the voluntary administration of one of Australia’s top research houses. 6 August — Illiquid investment sees redemptions suspended on Blueprint fund van Eyk announces its decision to suspend redemptions on its Blueprint International Share Fund (VBI) and three other funds to protect investors’ interests following a…
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Ekapa mine closes, five miners presumed dead as company seeks liquidation MSN Read the original article here
Jules B quickly bought in pre-pack deal after administration filing FashionNetwork – The World’s Fashion Business News Read the original article here
JOHANNESBURG – The Ekapa mine in Kimberley has shut down with immediate effect. The five workers who were trapped underground are now presumed dead. The company has also applied for liquidation. Meanwhile, 385 workers have reportedly not been paid this month. In a statement, the company said: “After careful consideration of all operational, financial and…
Nkosikhona Lila, an official of the National Union of Metalworkers of South Africa (Numsa), confirmed today, Wednesday 25 February, that Ekapa Minerals Mine in Kimberley went into liquidation as from 12:00 today. No official statement from the company has been forthcoming. The sudden liquidation of the company, the union’s exclusion from the process, and the…
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An Edinburgh retailer has collapsed into liquidation bringing another blow to the high street. All nine employees currently working at the firm’s two sites in the capital and Glasgow are set to be made redundant. Bespoke jewellery firm The Ringmaker has collapsed into liquidation after 40-years of trading. It’s claimed the move comes after the…
Scottish councillor banned as company director over £170,000 unpaid taxes The Scotsman Read the original article here
New Delhi, Feb 25 (KNN) The Supreme Court on Tuesday observed that the existence of a debt restructuring arrangement does not prevent the initiation of a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC). A Bench of Justices Sanjay Kumar and K Vinod Chandran set aside a ruling of the National…