A Sydney boutique builder has gone into liquidation owing creditors hundreds of thousands of dollars. Built Lifestyles was a custom residential building and design company that operated for more than 15 years in Sydney. The company went into voluntary liquidation on Monday and had it’s contractor license cancelled the following day. Mohammad Najjar from Vanguard…
Hyperliquid trading volume before and after latest liquidation event paints sobering picture for traders theblock.co Read the original article here
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GrabOne wrapped up owing $16.5m, refunds on vouchers ‘unlikely’ to be paid Stuff Read the original article here
Key points for asset-based lenders We explore the implications for the Act in the context of asset-based lending below. Key points to note are: The Act introduces a new “moratorium” procedure allowing eligible companies to continue to trade whilst being protected from creditors who may not take enforcement steps against them. The moratorium…
The New Delhi Bench of the National Company Law Tribunal (NCLT) admitted a Section 7 petition filed by Punjab National Bank against M/s Shriram Skill and Education Ltd., initiating the corporate insolvency resolution process (CIRP) over a financial debt of ₹147.31 crore. The present application was filed by Mr Pawan Singh Yadav, Chief Manager of…
Don’t miss this opportunity to acquire quality, well-maintained machinery at auction value. Visit www.ajwauctions.com to view the catalog and place your bids before the auction closes on October 30th. “AJ Willner Auctions is proud to facilitate this significant liquidation of All County Rental, a company that has served North Jersey’s contractors and homeowners for more…
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…
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
The National Company Law Tribunal (NCLT), New Delhi Bench, ordered the liquidation of SN Cinema Advertising Pvt. Ltd. under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, rejecting the suspended directors’ objections that liquidation was premature and that the company’s MSME status entitled them to revive operations. The Corporate Insolvency Resolution Process (CIRP) of…