The NCLT has approved the resolution plan by Ace Infracity Developers for the debt-ridden 3C Homes. The NCLT bench observed the resolution plan submitted by Ace Infracity Developers has been approved by the Committee of Creditors (CoC) with 100 per cent votes and it can not “interfere with the “commercial wisdom” of the lenders.Earlier, the…
The NCLT has approved the resolution plan by Ace Infracity Developers for the debt-ridden 3C Homes. The NCLT bench observed the resolution plan submitted by Ace Infracity Developers has been approved by the Committee of Creditors (CoC) with 100 per cent votes and it can not “interfere with the “commercial wisdom” of the lenders. Earlier,…
Jun 15, 2023 4.30pm A $58 million deal to bail out the failed Australian arm of Ellume, a once soaring biotechnology star supplying COVID-19 tests, has fallen over. The financial lifeline had been proposed by a Gold Coast firm with controversial links to testing, but Ellumes administrators said it failed to come up with the…
Office of the Parliamentary Counsel Updated 12 June 2023 Crown copyright 2023 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: [email protected]. Where we have…
Some rubbish news: the wonderful DVD and Blu-ray company Network Distributing has reportedly gone into liquidation. Horrible news for physical media collectors the world over: Network DVD has reportedly gone into liquidation. One of the most vital purveyors of niche British television and films, the company released thousands of films, sitcoms and television dramas that…
Jun 14, 2023 4.24pm Richard Crookes Constructions says its profitability has suffered over the last couple of years but there is no truth to reports it has appointed Deloitte as voluntary administrator or is in talks about a possible administration. The Sydney-based builder, whose after-tax profit last year slumped to $7 million on revenue of…
Normal text sizeLarger text sizeVery large text size Family-owned Richard Crookes Constructions the builder of the Sydney Modern Art Gallery, UTS Central and the Sirius Sydney apartment project at The Rocks has denied calling in voluntary administrators. The company on Wednesday rejected reports that it had called in Deloitte as administrator, with managing director Jamie…
Family-owned Richard Crookes Constructions the builder of the Sydney Modern Art Gallery, UTS Central and the Sirius Sydney apartment project at The Rocks has denied calling in voluntary administrators. The company on Wednesday rejected reports that it had called in Deloitte as administrator, with managing director Jamie Crookes saying the speculation was totally untrue. Richard…
Street Talk Jun 14, 2023 2.52pm Family-owned builder Richard Crookes Construction, which has delivered landmark buildings like Sydney Modern Art Gallery and UTS Central, denies market speculation that it is preparing to call in Deloitte for a voluntary administration. Richard Crookes Construction is a well-recognised name. Street Talk previously reported 47-year-old construction business was…
The tribunal has asked Aircastle’s lawyer to explain how the plea is maintainable with some legal precedents, the case is likely to come up for hearing on July 17. The National Company Law Tribunal (NCLT) on June 13 questioned the maintainability of aircraft lessor Aircastle (Ireland) Limited’s second insolvency petition against SpiceJet. The tribunal has…