New Delhi: The National Company Law Tribunal (NCLT) has directed initiating insolvency proceedings against Himalayan Mineral Waters, allowing Jammu & Kashmir Bank’s plea for default of a corporate guarantee given for LeeL Electricals. The Allahabad bench of NCLT has also appointed Bhoopesh Gupta as the interim resolution professional (IRP) for this Dehradun-based firm’s Corporate Insolvency…
Jammu & Kashmir Bank had claimed a default of Rs 50 crore against Himalayan Mineral Waters, engaged in the business of manufacturing of beverages, being the corporate guarantor for the credit facilities availed by the Leel Electricals. LeeL Electricals had in May 2017 sold its consumer durable business to Havells India for a consideration of…
NEW DELHI: The National Company Law Tribunal (NCLT) has directed initiating insolvency proceedings against Himalayan Mineral Waters, allowing Jammu & Kashmir Bank’s plea for default of a corporate guarantee given for LeeL Electricals. The Allahabad bench of NCLT has also appointed Bhoopesh Gupta as the interim resolution professional (IRP) for this Dehradun-based firm’s Corporate Insolvency…
By Hannah Wilcox For Daily Mail Australia Published: 11:28 AEST, 8 June 2024 | Updated: 11:28 AEST, 8 June 2024 Hundreds of unhappy customers have been left without both their money and their orders after a national furniture chain announced it had gone in… Read the full article at: https://www.dailymail.co.uk/news/article-13507727/Johnnys-furniture-administration-queensland-nsw-victoria.html
Conspiracy theorist Alex Jones is seeking court permission to convert his personal bankruptcy reorganization to a liquidation, which would lead to a sell-off of a large portion of his assets to help pay some of the $1.5 billion he owes relatives of victims of the Sandy Hook Elementary School shooting. Jones and his media company,…
After a weekend in which conspiracy theorist Alex Jones warned that his media company faced an imminent shutdown by the federal government because of his bankruptcy cases, a judge on Monday allowed Jones to keep operating for the next two weeks while it is decided whether his assets should be liquidated. Both Jones and his…
Conspiracy theorist Alex Jones is seeking court permission to convert his personal bankruptcy reorganization to a liquidation, which would lead to a sell-off of a large portion of his assets to help pay some of the $1.5 billion he owes relatives of victims of the Sandy Hook Elementary School shooting. Jones and his media company,…
Jun 7, 2024 4.54pm Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? Ex-Myer chief executive Bernie Brookes retail business Marquee Retail Group, which owns accessory brands Colette and The Daily Edited, has dipped in and out of voluntary administration, emerging a…
A bitter dispute that emerged after a widely publicised PR stunt involving Roxy Jacenko has taken another turn as the company involved was plunged into liquidation. On Wednesday, the Supreme Court of NSW ordered that provisional liquidators take over Roxys Bootcamp Pty Ltd. Then late on Thursday, an ASIC notice revealed that Andrew Blundell and…
Credit: Mikael Seegen via Unsplash Staff noticed what they now describe as “red flags” at No Standing before the digital marketing agency went into voluntary liquidation. “I was always paid late … I’d be shocked if my superannuation ever turns up,” an insider who did not want to be named told AdNews. “There’s an extreme…