KKR and Bain Capital, the private equity firms that owned Toys R Us before the company declared bankruptcy earlier this year, said Tuesday that they have each pledged $10 million to create the TRU Financial Assistance Fund, which aims to distribute severance funds to former employees. The move is unusual for the firms, as they…
Melbourne-based unlimited NBN retail service provider Mungi has gone into voluntary administration just a year after it was created. The companys website was replaced with a message today that blamed economic conditions for the collapse. However, in a Whirlpool post, Mungi attributed its collapse to an inability to achieve the scale required to compete in…
The Dubbo Railway Bowling Club Ltd, trading as Sporties Dubbo, has entered into voluntary administration. The club entered administration on November 15. Aaron Lucan and Graeme Beattie, partners of Worrells Solvency and Forensic Accountants NSW & ACT, have been appointed as the administrators. The club, which operates out of premises at 101 Erskine Street fell…
Another construction company has gone under, owing millions of dollars and leaving a handful of private and public sector projects in the lurch. Accent On Group has gone into receivership. Photo: 123rf All divisions of the Accent On Group are in receivership, while the construction division is also in liquidation. Liquidators from Staples Rodway, Tony…
The Dubbo Railway Bowling Club Ltd, trading as Sporties Dubbo, has entered into voluntary administration. The club entered administration on November 15. Aaron Lucan and Graeme Beattie, partners of Worrells Solvency and Forensic Accountants NSW & ACT, have been appointed as the administrators. The club, which operates out of premises at 101 Erskine Street fell…
news, local-news, The Dubbo Railway Bowling Club Ltd, trading as Sporties Dubbo, has entered into voluntary administration. The club entered administration on November 15. Aaron Lucan and Graeme Beattie, partners of Worrells Solvency and Forensic Accountants NSW & ACT, have been appointed as the administrators. The club, which operates out of premises at 101 Erskine…
Another construction company has gone under, owing millions of dollars and leaving a handful of private and public sector projects in the lurch. Accent On Group has gone into receivership. Photo: 123rf All divisions of the Accent On Group are in receivership, while the construction division is also in liquidation. Liquidators from Staples Rodway, Tony…
Dear Sir/ Madam, Sub: Notice of Fifth Meeting of Committee of Creditors (CoC) of Uttam Value Steels Limited (Corporate Debtor) Pursuant to the provisions of Regulation 30 [Schedule III, Part A, Clause A (16) (g)] of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you…
Liberty Joseph Durant (70), Joseph Price (54) and David Alan Borland (66) appeared at Lincoln Crown Court on 12 November 2018 where in addition to the director disqualifications, they received suspended prison sentences. The court heard that Classic Caravans Limited, based in Sleaford, Lincolnshire, was incorporated in November 2008, where it manufactured and serviced caravans.…
The Supreme Court has confirmed UltraTech Cement Ltd. as the winning bidder for insolvent Binani Cement Ltd. In doing so the apex court has upheld last weeks decision by the National Company Law Tribunal and dismissed a petition by competing bidder Rajputana Properties Ltd, owned by the Dalmia Bharat Group. This decision works to the…