Cycling clothing company CHPT3 has entered liquidation and immediately ceased trading.
The firm, founded by ex-pro David Millar, recently shared a short statement via its website confirming the company’s situation.
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Liquidation sale of crumbling South Island estate with dark past, All things property, under OneRoof
A crumbling South Island estate that had a starring role in a Hollywood blockbuster and was at the centre of
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The director of a Birmingham-based fireworks retailer has been sentenced to four years in prison for multiple fraud and forgery offences.
Investigations by the Insolvency Service uncovered a series of fraudulent activities linked to Raashid Khan’s business, Ikandy Wholesale.
The 29-year-old forged documents to evade payment of £75,000 for fireworks and to unfreeze his business bank account.
He also fraudulently secured a £50,000 Covid Bounce Back Loan just before his company entered liquidation and withdrew more than £60,000 from company funds after it had been wound up by the High Court.
Ikandy Wholesale traded in bulk goods, including fireworks and meat.
In 2019, Khan opened a trade account with a fireworks…
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A crumbling South Island estate that had a starring role in a Hollywood blockbuster and was at the centre of abuse allegations has hit the market as a liquidation sale.
Campbell Park Estate, in Otago, is being sold by the liquidators of a company linked to one of the directors of the failed Mainzeal company.
The 79ha property is about the size of a small town and comes with a gothic-style castle, 32 homes, stables, an old jailhouse, a gymnasium, and an underground cave.
It memorably featured in the 2005 hit fantasy film The Lion, the Witch and the Wardrobe and has hit the headlines in recent years over allegations of abuse at a school run on the estate.
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Medical Kiwi owes nearly $9m as liquidation looms The Press
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‘Unrelenting’: Liquidation numbers likely to keep climbing The Press
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The NCLT Hyderabad bench of Sri Rajeev Bhardwaj (Judicial Member) and Sri Sanjay Puri (Technical Member) has affirmed that the decision to consolidate, or not, rests with the CoCs, who are not only better equipped to make such determinations but also have a vested interest in the outcome, and whose commercial wisdom is paramount in insolvency matters and beyond judicial review
Brief Facts
This application has been filed by the suspended director of M/s. Manjeera Retail Holdings Private Limited (MRHPL), which, along with its holding company, Manjeera Constructions Limited (MCL), is undergoing Corporate Insolvency Resolution Process (CIRP).
Both Corporate Debtors were admitted into CIRP by this Authority on 18.07.2023,…
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SCOTTSDALE, Ariz., Dec. 2, 2024 /PRNewswire/ — As the year-end approaches, Grasons, a leader in estate sale and business liquidation services and member of Evive Brands, highlights the important role of estate sales in helping individuals and businesses close one chapter and prepare for the next. From personal estate transitions to business liquidations, Grasons offers comprehensive solutions to meet diverse needs, including a recent high-profile liquidation for an antique business in Brunswick, OH.
Estate sales provide a valuable service for individuals preparing a home for sale, managing an estate, or…
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Telecompaper
We have been keeping professionals in the telecoms industry up-to-date since 2000. Telecompaper is a well respected, independent research and publishing company focussed on the telecommunications industry.
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IBC Weekly Round-Up [25th November To 1st December, 2024] Live Law – Indian Legal News
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In other relief measures, eight state-run banks and financial institutions have restructured 94 billion baht in debt owed by 740,000 flood-hit borrowers.
– The GSB has introduced a debt moratorium for small borrowers and SMEs while lowering interest rates.
– The Bank for Agriculture and Agricultural Cooperatives has extended repayment periods, suspended repayments for farmers, and exempted them from penalty interest.
– The Export-Import Bank of Thailand has rolled over loans for exporters and importers.
– The SME Bank has suspended repayments and approved emergency loans to rehabilitate flood-affected businesses.