Noodle Box franchisee charged with ‘phoenixing’ – The Sydney Morning Herald

The operator of a string of Noodle Box restaurants has been charged with fraud after an investigation by the corporate regulator into the illegal practice of phoenix activity. Amy Timko, who formerly ran several Noodle Box franchises in northern Tasmania, appeared in court in Hobart on Friday on charges of fraudulent conduct under the Corporations Act. AmyTimko’s…

Macadamia company goes into voluntary administration – Toowoomba Chronicle

MACADAMIA roasting and salting company Macaz has gone into voluntary administration, with creditors due to meet tomorrow morning in Lismore. The Alstonville-based company started up in 1991 and has a reported annual turnover of nearly $9 million. The Australian Securities and Investment Commission was notified of an application to wind up the business on November…

Macadamia company goes into voluntary administration – Chinchilla News

MACADAMIA roasting and salting company Macaz has gone into voluntary administration, with creditors due to meet tomorrow morning in Lismore. The Alstonville-based company started up in 1991 and has a reported annual turnover of nearly $9 million. The Australian Securities and Investment Commission was notified of an application to wind up the business on November…

Macadamia company goes into voluntary administration – Northern Star

MACADAMIA roasting and salting company Macaz has gone into voluntary administration, with creditors due to meet tomorrow morning in Lismore. The Alstonville-based company started up in 1991 and has a reported annual turnover of nearly $9 million. The Australian Securities and Investment Commission was notified of an application to wind up the business on November…

The Insolvency and Bankruptcy Board of India notifies regulations – Times of India

PUNE: The Insolvency and Bankruptcy Board of India (Board), in exercise of its powers conferred under Section 240 of the Insolvency and Bankruptcy Code, 2016 (Code), has notified the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. The press statement issued by ministry of corporate affairs has stated that these regulations inter alia…

Norwich restaurant Just Lobsters closes after company goes into liquidation – Norfolk Eastern Daily Press

Just Lobsters on Tombland which has closed. Picture: Archant/Jessica Long Jessica Long A restaurant in one of Norwichs most iconic buildings has closed its doors after the company behind it went into liquidation. … Read the full article at: http://www.edp24.co.uk/business/norwich_restaurant_just_lobsters_closes_after_company_goes_into_liquidation_1_4817058

ICSI professionals to be enabled for `25000 crore stressed debt recovery: Mamta Binani – Millennium Post

Indias Debt market is bad and over Rs 25,000 crores that is blocked as Stressed Assets in the economy can be unlocked in five years with the ICSI training insolvency professionals through the ICSI Insolvency Professional Agency, Mamta Binani, President, Institute of Company Secretaries of India, said at a joint national conclave on Insolvency &…

Company law tribunal formally takes over winding-up matters under Companies Act – Livemint

New Delhi: Beginning Thursday, the National Company Law Tribunal (NCLT) formally takes over winding-up matters under the Companies Act 2013. The government earlier notified that all pending proceedings and cases of reconstruction and winding-up will stand transferred to the NCLT from 15 November. It also notified rules empowering the NCLT to be the appropriate adjudicating…