An Aussie company relied on by thousands of parents to deliver school books and stationery packs has collapsed, leaving a trail of unfulfilled orders in its wake and parents out of pocket. Brisbane stationery supplier Sequel Books and Stationery entered voluntary liquidation on Monday. Its website shows it was the textbook and stationery supplier for…
More than a dozen staff learned at a work Zoom meeting last Tuesday that they no longer had jobs and the business had ceased trading. Everyone was terminated on the spot. We were told that there was no more, one employee, Jimmy*, who did not wish to share his real name, told news.com.au. Two days…
By Pranav Harish For Daily Mail Australia Published: 22:11 AEDT, 20 March 2024 | Updated: 22:58 AEDT, 20 March 2024 Stationery supplier Sequel Books and Stationery has collapsed after more than three decades in business delivering books to more than 50 schools. The firm located … Read the full article at: https://www.dailymail.co.uk/news/article-13218137/Sequel-Books-Stationary-liquidation-Brisbane.html
Mar 20, 2024 3.49pm Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? A wave of business failures in construction, hospitality and retail has pushed up the number of monthly insolvencies to the highest in almost a decade, as rising borrowing costs,…
The National Company Law Tribunal (NCLT) in Mumbai has admitted a corporate insolvency resolution process (CIRP) against over a century-old textile maker ShriVallabh Pittie (SVP) groups affiliate Shrivallabh Pittie Industries Ltd in an application filed by the State Bank of India.The lender had approached the tribunal after the company defaulted on its dues of about…
Telco equipment supplier NetComm Wireless has entered voluntary administration after operating for over 40 years. Documents listed by the Australian Securities and Investments Commission (ASIC) on March 13 show Kate Conneely and Rahul Goyal from Cor Cordis have been appointed administrators of the company. NetComm Wireless provides telecommunications infrastructure equipment to telco companies in Australia…
The National Arboretum Visitor Centre one of Project Coordinations building projects. Award-winning, 50-year-old Canberra construction and management company Project Coordination is in voluntary administration. On Tuesday morning staff were dismissed from its Canberra and Wollongong offices. A quarter of our staff have been with us for 15 years or more, with many over 20 years,…
A major building company has collapsed with the majority of staff sacked and $120 million worth of projects up in the air. Project Coordination (Australia) Pty Ltd, which had been in business for 50 years, went into voluntary administration on Tuesday afternoon. The business had offices in Canberra and Wollongong and did construction work in…
Melbourne-based Deeds Brewing has become the latest craft brewer to enter voluntary administration (VA), as the strain on Australias small breweries and businesses continues to grow. Deeds joins the likes of Bad Shepherd, Ballistic, Big Shed, Hawkers, Golden West and Wayward in VA, although Wayward and Hawkers have since found a way back into operating.…
The director of a failed building firm received a loan for nearly $1 million in company money before the business collapsed while his customers have been left with nothing, according to a public liquidators report. Tozer Construction Group, which did residential building in NSW and the ACT, was court-ordered to go into liquidation at the…