Insolvency Guardian Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
Gambler jailed for cannabis grow house role  Dublin People Read the original article here
IDBI Bank's Insolvency Appeal Against ZEEL Dismissed By NCLAT; Know Why  MSN Read the original article here
Jaiprakash Associates Insolvency: Anil Agarwal, Gautam Adani in race for bankrupt JAL's acquisition - LIST of 26 bidders  ET Now Read
IDBI Bank's Insolvency Appeal Against ZEEL Dismissed By NCLAT; Know Why  MSN Read the original article here
Recently collapsed fast fashion retailer Ally Fashion owes more than $56 million in liabilities to over 260 creditors.  This is
The studio was one of the oldest architectural practices in the world, having been founded by Herbert Tooley in Buckhurst
Relief for giant Moi-era construction firm put under liquidation  Business Daily Read the original article here
Your browser is not supported | theadvertiser.comtheadvertiser.com wants to ensure the best experience for all of our readers, so we
Home BusinessGautam Adani, Anil Agarwal’s Vedanta, Baba Ramdev’s Patanjali in race of buying debt-ridden firm, its name is…, business is…
Quantron is out of insolvency: founder Andreas Haller has taken over the company  Sustainable Bus Read the original article here
IDBI Bank's insolvency appeal against ZEEL dismissed by NCLAT  MSN Read the original article here
The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed the plea of IDBI Bank which sought to initiate insolvency

Gambler jailed for cannabis grow house role  Dublin People

Read the original article here

IDBI Bank’s Insolvency Appeal Against ZEEL Dismissed By NCLAT; Know Why  MSN

Read the original article here

Jaiprakash Associates Insolvency: Anil Agarwal, Gautam Adani in race for bankrupt JAL’s acquisition – LIST of 26 bidders  ET Now

Read the original article here

IDBI Bank’s Insolvency Appeal Against ZEEL Dismissed By NCLAT; Know Why  MSN

Read the original article here

Recently collapsed fast fashion retailer Ally Fashion owes more than $56 million in liabilities to over 260 creditors. 

This is according to ASIC filings obtained by Ragtrader, which confirms that the highest-value creditor is DDT Management Pty Ltd – a related party to the Ally Fashion business – which is owed $46.1 million.

Other high-value creditors include a construction company which is owed $1.5 million, alongside two shop-fitter firms which are owed $454,799.73 and $297,803.92, as well as a real estate agency being owed $525,531.93.

All this comes after the Federal Court of Australia forced Ally Fashion into liquidation following an application by a landlord for rent arrears in late February.

The court appointed Jeff…

Read the original article here

The studio was one of the oldest architectural practices in the world, having been founded by Herbert Tooley in Buckhurst Hill, Essex, in 1892. It became Tooley & Foster Partnership in 1910, rebranding as Tooley Foster in 2021, when it boasted a workforce of 30 people. 

But the practice’s main trading arm, Tooley Foster 1982 Limited, entered voluntary liquidation at the end of last year owing £1.6 million, with total assets estimated to be worth just £138,000.

Now a secondary company, The Tooley & Foster Partnership LLP, has entered liquidation this week. The group’s employee benefit trust, Tooley Foster Trustees Limited, is set to be dissolved later this month.

Liquidator Stewart Bennett…

Read the original article here

Relief for giant Moi-era construction firm put under liquidation  Business Daily

Read the original article here

Your browser is not supported | theadvertiser.com
logo

theadvertiser.com wants to ensure the best experience for all of our readers, so we built our site to take advantage of the latest technology, making it faster and easier to use.

Unfortunately, your browser is not supported. Please download one of these browsers for the best experience on theadvertiser.com

Read the original article here

JAL was admitted into the Corporate Insolvency Resolution Process (CIRP) through the National Company Law Tribunal, Allahabad Bench, order dated June 3, 2024.

Gautam Adani, Anil Agarwal’s Vedanta, Baba Ramdev’s Patanjali in race of buying debt-ridden firm, its name is..., business is...

Gautam Adani’s group, Anil Agarwal’s Vedanta Group, and yoga guru Baba Ramdev’s Patanjali Ayurveda are among the 26 entities that have shown interest in acquiring…

Read the original article here

Quantron is out of insolvency: founder Andreas Haller has taken over the company  Sustainable Bus

Read the original article here

IDBI Bank’s insolvency appeal against ZEEL dismissed by NCLAT  MSN

Read the original article here

The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed the plea of IDBI Bank which sought to initiate insolvency proceedings against Zee Entertainment. A two-member NCLAT bench upheld the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT), which had earlier rejected the private lender’s plea to initiate insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL).

However, the appellate tribunal granted liberty to IDBI Bank to move a fresh plea for default outside of the period mentioned in section 10A of the Insolvency & Bankruptcy Code.

Section 10A mandates that no application for initiation of the corporate insolvency resolution process (CIRP) can be filed against any debtor by…

Read the original article here