Ernest Hillier Chocolates goes into voluntary administration – Foodprocessing

Alan Walker and Glenn Livingstone have been appointed as Voluntary Administrators to Chocolate & Confectionery Company and its related entity that owns and manufactures Ernest Hillier Chocolates, one of Australias oldest chocolate brands. Following rising raw materials and shipping costs which significantly impacted the companies margins, voluntary administrators were appointed. The businesss distribution network spans…

Government Exempts Petroleum Assets From Moratorium; Aviation, Telecom May Be Next – BQ Prime

Insolvency Law: Government Exempts Petroleum Assets from Moratorium; Aviation, Telecom May Be Next Business NewsGovernment Exempts Petroleum Assets From Moratorium; Aviation, Telecom May Be Next ADVERTISEMENT 20 Jun 2023, 6:57 PM IST 20 Jun 2023, 6:57 PM IST 20 Jun 2023, 6:57 PM IST WhatsApp Twitter Facebook Telegram Read the full article at: https://www.bqprime.com/business/government-exempts-petroleum-assets-from-moratorium

Govt starts interministerial discussions on the upcoming IBC … – Business Standard

The government has started interministerial discussions on the upcoming Insolvency and Bankruptcy (IBC) amendment Bill, which proposes an overhaul of the law, senior officials told Business Standard. The Bill proposes a separate framework for real estate insolvency with certain exemptions. The draft Bill has also inserted an enabling clause to allow the government to increase…