Savio Gilbert Pereira, 46, and Sajid Anver Valimohammed, 37, have been disqualified as company directors for a total of 19 years following separate Insolvency Service investigations which uncovered financial misconduct. Pereira, of Market Harborough was sole director of Himalayan Zest Takeaway Limited, which was incorporated in April 2018 and traded as Himalayan Zest on Market…
Controversial New Zealand money lender Moola has gone into liquidation. Receiver Rodewald Consulting has been appointed to NZ Fintech Group Holdings, Moola’s parent company. Multiple subsidiaries, including Moola, were subsequently placed into liquidation. Insolvency firm Khov Jones was appointed liquidator of the trading entities, Rodewald Consulting director Tom Rodewald told Newshub. Moola’s website is currently…
Australian engineering and construction firm Clough, the main contractor of the Waitsia gas expansion project, was placed into voluntary administration after a deal by its parent Murray & Roberts and Webuild fell through. In November, Murray & Roberts entered into a sale and purchase agreement with Webuild to dispose of 100 percent of its shareholding…
The recently announced sale purchase agreement between Murray & Roberts and Webuild for the acquisition of Perth-based engineering group Clough, has been terminated by mutual agreement between the parties. In the absence of the sale proceeding, the board of directors of Clough have decided to place Clough and its Australian subsidiaries into voluntary administration (VA)…
CALGARY, AB, Dec. 5, 2022 /CNW/ – MNP Ltd., the insolvency subsidiary of national professional services firm MNP LLP, is pleased to announce that it has merged with The Bowra Group, effective December 1, 2022. The Bowra Group is a boutique financial advisory practice based in Vancouver with an additional office in Edmonton. Established in…
Perth-based Clough’s portfolio includes the Snowy 2.0 pumped hydro project. (Lukas Coch/AAP PHOTOS) Engineering and construction group Clough has entered voluntary administration, casting uncertainty over several major Australian projects. It comes after a proposed sale to Italian giant Webuild collapsed, leaving the Clough board with “no choice” but to call in administrators from Deloitte. Clough’s…
Express News Service NEW DELHI: As bids for Reliance Capital, which is undergoing corporate insolvency resolution process (CIRP), have been much lower than the liquidation value of Rs 13,000 crore, a major difference of opinion has cropped up between the lenders and the Reliance Cap administrator. While the committee of creditors (CoC) wants to proceed…
If you find yourself struggling with an outstanding debt, at some stage you could be contacted by a debt collector. In this situation, remember that both debtors and debt collectors have rights and obligations. For example, a debt collector cannot take money directly from your bank account or salary without a court order. A debt…