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NCLT Admits CIRP u/s 10 Amid COVID-19 Losses [Read Order]

The National Company Law Tribunal (NCLT), New Delhi, admitted the Corporate Insolvency Resolution Process (CIRP) application under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016, as no illegibilities were restricting the CIRP under Section 11. M/s Universal Journeys India Private Limited (“Corporate Applicant”) applied under Section 10 of the Insolvency and Bankruptcy Code,…

Labour hire company directed by ‘self-identified Ti…

Pandanus Group, a Queenland-based labour hire company controlled by Mumpara Group Holdings, has reportedly left creditors exposed to $1.7 million in debts after entering liquidation. Mumpara Group Holdings describes itself on its LinkedIn page as a nationwide family of non-profit and profit-for-purpose companies that seeks to empower Indigenous families to “holistically” break the cycle of…

No Cookies | Herald Sun

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…