KIEL (WLUK) — A 127-year-old, fourth-generation, family-owned business in Kiel is closing its doors. C.J. Meiselwitz Furniture at 328 Fremont Street will begin its final liquidation Friday. Founded in 1898 by Carl J. Meiselwitz, C.J. Meiselwitz Furniture has been a defining presence in downtown Kiel for 127 years. The business was originally established as a…
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Central Bank of India has declared the loan accounts of Reliance Telecom Ltd. as fraud, Reliance Communications Ltd. said on Tuesday. The company is seeking legal advice on the matter, according to a stock exchange filing. RCom, part of the Anil Ambani Group, as well as RTL are undergoing corporate insolvency resolution process under the…
Central Bank of India has declared the loan accounts of Reliance Telecom Ltd. as fraud, Reliance Communications Ltd. said on Tuesday. The company is seeking legal advice on the matter, according to a stock exchange filing. RCom, part of the Anil Ambani Group, as well as RTL are undergoing corporate insolvency resolution process under the…
Up to 1,700 jobs have been axed two days before Christmas as a Melbourne-based company that provides security, cleaning and maintenance staff to the public sector and major retailers enters administration. MA Services listed Coles, Kmart, Aldi, Amazon, Dan Murphy’s and several AFL clubs among its clients along with a number of local councils. It…
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Companies undergoing insolvency proceedings may soon be allowed to receive multiple resolution plans for different assets or business units. A Lok Sabha Select Committee, examining the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, last week recommended explicitly permitting such an approach, departing from the current system that allows only a single, consolidated resolution. The objective…
Key Highlights from the Report Company Status: Boldtek Holdings Limited remains under compulsory liquidation. Material Developments: The liquidators have reported no material developments regarding the affairs of the Company for this period. Trading Status: Shares have been halted since 12 January 2023 and subsequently suspended since 16 January 2023. This was previously announced on 14…
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