UPDATE: Ellery is now in liquidation – Fashion Journal
Images via Ellery … Read the full article at: https://fashionjournal.com.au/fashion/kym-ellery-announces-she-will-close-the-australian-arm-of-her-business/
Corporate Indias dirty secret – Deccan Herald
A forensic audit of 200 top companies by the Ministry of Corporate Affairs has detected irregularities to the tune of Rs 1 lakh crore, including diversion of funds. Most of these companies have been referred to insolvency and resolution proceedingsunder the Insolvency and Bankruptcy Code. Irregularities detected in some top companies point to the collapse…
Two Coast supermarkets shut doors after company goes bust – Fraser Coast Chronicle
TWO Sunshine Coast supermarkets have closed after the business went into liquidation just before the Easter long weekend. The Kawana Island Friendly Grocer and Forest Park Foodstore at Meridan Plains have been listed on the Australian Securities and Investments Commission as in liquidation. The company behind the stores, Yasnis Pty Ltd, is owned by Himanshu…
HSF elevates six in Australia to executive counsel – Australasian Lawyer
Herbert Smith Freehills (HSF) has elevated six Australian lawyers to executive counsel. The six, who follow the six Australian lawyers promoted to partner by the firm last week, are among 27 counsel promotions around the world. Andrew Pike, HSF regional managing partner in Australia, said that the newly promoted lawyers are all incredibly talented. The…
Two Coast supermarkets shut doors after company goes bust – Sunshine Coast Daily
TWO Sunshine Coast supermarkets have closed after the business went into liquidation just before the Easter long weekend. The Kawana Island Friendly Grocer and Forest Park Foodstore at Meridan Plains have been listed on the Australian Securities and Investments Commission as in liquidation. The company behind the stores, Yasnis Pty Ltd, is owned by Himanshu…
Two Coast supermarkets shut doors after company goes bust – Whitsunday Times
TWO Sunshine Coast supermarkets have closed after the business went into liquidation just before the Easter long weekend. The Kawana Island Friendly Grocer and Forest Park Foodstore at Meridan Plains have been listed on the Australian Securities and Investments Commission as in liquidation. The company behind the stores, Yasnis Pty Ltd, is owned by Himanshu…
Liquidator uncovers director falsifying company books – AccountantsDaily
Restaurateur Gaowei Shi, of Highbury, South Australia, has pleaded guilty to one charge of falsifying company books. An ASIC investigation found that Mr Shi, director of The Crane Japan Restaurant (SA) Pty Ltd, a restaurant in Glenelg, South Australia, had redirected $47,000 from a purchase and sale agreement in December 2015 to sell assets of…
Uttam Value Steels Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine
Dear Sir, This is in reference to the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, we would like to bring to your notice that the 15th meeting of the Committee of Creditors (CoC) of Uttam Value Steels Limited (the Company) was held on April 22, 2019 to…
Excel Glasses Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine
Notice is hereby given that in accordance with the applicable provisions of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate persons) Regulations, 2016, the first meeting of committee of creditors (CoCor Committee of Creditors) of Excel Glasses Limited, (the “Company”/the “Corporate Debtor”) will be held on Thursday, the 25th day of…
Changed insolvency norms by April next to speed up process – Business Standard
The Insolvency and Bankruptcy Code (IBC) is in the process of being changed to be effective from the next fiscal to accomodate the fast changing creditor-debtor scenario, according to the Insolvency and Bankruptcy Board of India (IBBI). The IBBI on Saturday invited comments from stakeholders and the public on making changes to the current…