The Russell Kennedy Insolvency and Restructuring 2021 Wind Up With 2021 coming to an end, our Insolvency and Restructuring team round-up some of the key issues faced this year including: If you’d like to stay up to date with Russell Kennedy’s insights, please sign up here. The Abolishment…
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved a resolution plan worth ₹145.26 crore for the insolvent Indo Global Soft Solutions and Technologies Private Limited, bringing closure to a corporate insolvency resolution process (CIRP) that spanned over three years and faced multiple legal hurdles. The plan, submitted by Ashdan Properties Private Limited, a…
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…
Headington-based Blanchford Building Supplies closed down earlier this year after 87 years of trading after underperformance and a cash flow issue had rendered it unable to buy essential stock. Administrators were called and revealed Blanchford, which also had sites in Bicester, Wallingford, Princes Risborough and Haddenham, had racked up debts of more than £3.3m to…
The two entities were among funders that supported the business to relocate from its original Whakaue St site to a 3000sq m $19m purpose-built facility on Hinemaru St in 2023. The estimated amount QE Health Ltd owed to unsecured creditors totalled nearly $2.3m. That number includes a $1.01m contingent liability to district health boards following…
The two entities were among funders that supported the business to relocate from its original Whakaue St site to a 3000sq m $19m purpose-built facility on Hinemaru St in 2023. The estimated amount QE Health Ltd owed to unsecured creditors totalled nearly $2.3m. That number includes a $1.01m contingent liability to district health boards following…
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…
‘Unprecedented challenges’ force major Maffra farm to go into administration Stock & Land Read the original article here
A whistleblower warned the corporate regulator a Sunshine Coast caravan company was trading while insolvent three months ago, documents have revealed. A cancer survivor and retirees fear they have lost hundreds of thousands of dollars after Zone RV in Coolum Beach was placed into voluntary administration on Monday. WATCH THE VIDEO ABOVE: Zone RV collapses…
A liquidation process has been started for the company SIA “Fokker Next Gen Latvia”, which had planned to produce hydrogen-powered passenger aircraft in the territory of Liepāja Airport, reports the LETA newswire. The company’s liquidation process began on Monday, December 1st. “Fokker Next Gen Latvia” was registered as recently as February 16, 2024, and its share capital is…