SIA Engineering Appoints Liquidators for Voluntary Liquidation of Dormant Subsidiary NexGen Network (2) Holding Pte. Ltd – Minichart

Liquidation

SIA Engineering Company Appoints Liquidators for Dormant Subsidiary Key Highlights SIA Engineering Company Limited (SIAEC) has initiated a member’s voluntary liquidation for its dormant, wholly-owned subsidiary, NexGen Network (2) Holding Pte. Ltd. (NGN2). Liquidators have been formally appointed to oversee the process. NGN2 is incorporated in Singapore and has been classified as dormant, meaning it…

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Liquidation

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Liquidation

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Liquidation

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IBC | Corporate Debtor Cannot Stall Insolvency by Raising Baseless ‘Pre-Existing Dispute’: Supreme Court

Liquidation

The Supreme Court has set aside a judgment of the National Company Law Appellate Tribunal (NCLAT) and restored the order of the National Company Law Tribunal (NCLT) admitting an insolvency petition against Dhanlaxmi Electricals Private Limited. The Court held that the defense of a pre-existing dispute raised by the Corporate Debtor was “mere moonshine” and…

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Liquidation

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Secrets Shhh falls into administration after 25 years in business

Liquidation

Queensland ethical jewellery retailer Secrets Shhh has fallen into voluntary administration, with its custodians reportedly seeking an urgent sale or recapitalisation for the 25-year-old business. Documents shared by the Australian Securities and Investments Commission on Tuesday show FTI Consulting’s Kelly-Anne Trenfield, John Park, and Kate Warwick were appointed joint administrators of Secrets Shh Pty Ltd…