Council-owned company responsible for Moree Artesian Aquatic Centre operations goes into liquidation – Australasian Leisure Management

Liquidation

Moree Artesian Aquatic Centre Ltd (MAAC), the public company operating the Moree Artesian Aquatic Centre in Northern NSW, has gone into liquidation. The notice of liquidation of the company, of which the Moree Plains Shire Council is the only member, was published on the Australian Securities and Investments Commission (ASIC) site on Thursday, the same…

Venugopal Dhoot moves NCLAT against Anil Agarwal’s Twin Star takeover bid for Videocon group – Moneycontrol.com

Liquidation

(File image: Reuters) Venugopal Dhoot, former promoter of Videocon Group, has moved before the NCLAT, challenging an order of the insolvency court NCLT approving Rs 2,962 crore takeover bid by Anil Agarwal’s Twin Star Technologies for 13 companies of the debt-ridden group. Dhoot, in his petition filed before the National Company Law Appellate Tribunal (NCLAT)…

First of its Kind – Application by Hong Kong Liquidators Seeking Assistance by Mainland Court under the Cooperation Mechanism – JD Supra

Liquidation

On 20 July 2021, the Hong Kong Court of First Instance granted an application by Hong Kong liquidators to issue a letter of request for assistance to the Shenzhen Intermediate Peoples Court. This was the first application made under the new cross-border cooperation mechanism, which we reported in a previous note (click here). Background The…

Administrator’s report alleges One of a Kind Community Support likely ‘traded insolvent’ and may have misspent money – Namoi Valley Independent

Liquidation

Tamworth charity One of a Kind Community Support faces allegations it traded insolvent and that managers misspent thousands of dollars before the organisation went into administration in 2019, according to the report of a voluntary administrator published this week. The 49-year-old charity was forced to sell almost all its assets, including several buildings it owned,…

Administrator’s report alleges One of a Kind Community Support likely ‘traded insolvent’ and may have misspent money – The Northern Daily Leader

Liquidation

Tamworth charity One of a Kind Community Support faces allegations it traded insolvent and that managers misspent thousands of dollars before the organisation went into administration in 2019, according to a voluntary administrator report published this week. The 49-year-old charity was forced to sell almost all of its assets, including several buildings it owned. It…

The First Test Case of the Cross-Border Arrangement Between Hong Kong and Mainland China on Insolvency and Restructuring Matters – JD Supra

Liquidation

In the groundbreaking recent decision in Re Samson Paper Company Limited (in Creditors Voluntary Liquidation) [2021] HKCFI 2151 (Samson), the Hong Kong Companies Court (the Hong Kong court) has for the first time issued a letter of request to a court in mainland China under the new cross-border mutual recognition, assistance and cooperation arrangement between…