Andrew Leigh, Assistant Minister for Productivity, Competition, Charities and Treasury, has underscored the importance of Australia’s insolvency system in supporting productivity. In a speech to be delivered at the Australian Financial Security Authority (AFSA) Summit on Tuesday (18 November) and seen by Accounting Times, Andrew Leigh underscored the importance of a robust and trustworthy insolvency…
The National Company Law Tribunal (NCLT) at Ahmedabad has rejected a plea filed by Dysetuff Industries Ltd seeking directions to convene a special meeting of the Committee of Creditors (CoC) to reopen the Expression of Interest (EOI) process in the insolvency of Sebacic India Ltd, holding that Corporate Insolvency Resolution Process (CIRP) timelines cannot be…
A victim of NextGen Financial Group has received a payment from the CSLR after the company went into liquidation rather than pay a $270,000 determination from the Australian Financial Complaints Authority (AFCA). In August 2016, WJ & V Drakoulis Super Pty Ltd (as trustee for the WJ & V Drakoulis Super Fund) received personal advice…
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Mineral Commodities Ltd Under Voluntary Administration Amid Financial Challenges TipRanks Read the original article here
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Long-established Bristol windows company enters liquidation – rising costs significantly impacted profitability Insider Media Ltd Read the original article here
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The operator of a Sunshine Coast strawberry farming business that went into liquidation has been ordered to pay more than $1.1 million to a labour hire company. In a Supreme Court decision delivered on December 12 after hearings in May and July, Judge John Muir found in favour of Star Recruitment Service Pty Ltd, which…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…