Osborne Park builder Choice Living Homes enters voluntary administration – Community Newspaper Group

Liquidation

OSBORNE Park builder Choice Living Homes has entered voluntary administration. Building Commissioner Ken Bowron temporarily suspended its building contractor registration last week because of concerns about its financial position and late yesterday announced it had voluntary agreed to external administration. Richard Lawrence from Hall Chadwick has been appointed as the administrator of the company, which…

National furniture chain falls into voluntary administration – Gladstone Observer

Liquidation

THE company overseeing The Outdoor Furniture Specialists chain has gone into administration amid increasingly tough times for the retail sector. The Brisbane-based company is the head franchisor for 46 stores across Australia and claims to be the largest specialist outdoor furniture retailer in the country. Franchise store operators contacted yesterday said they were continuing to…

National furniture chain falls into voluntary administration – The South Burnett Times

Liquidation

THE company overseeing The Outdoor Furniture Specialists chain has gone into administration amid increasingly tough times for the retail sector. The Brisbane-based company is the head franchisor for 46 stores across Australia and claims to be the largest specialist outdoor furniture retailer in the country. Franchise store operators contacted yesterday said they were continuing to…

Banks to negotiate only with top bidder in insolvency cases – Economic Times

Liquidation

New Delhi: Bankers have decided that they will negotiate only with the highest bidder when resolving cases of corporate insolvency. The decision was taken at a meeting held by the Indian Banks’ Association on Monday following consultations with the Insolvency and Bankruptcy Board of India and resolution professionals. The Insolvency and Bankruptcy Code (IBC) hasn’t…

SBI in pact with NeSL for sharing data under insolvency rules – Livemint

Liquidation

In September 2017, the Insolvency and Bankruptcy Board of India (IBBI) registered NeSL as the first information utility (IU). Photo: Mint Mumbai: State Bank of India (SBI) on Tuesday signed an agreement with National E-Governance Services Limited (NeSL) to share information under the insolvency regulation. In September 2017, the Insolvency and Bankruptcy Board of India…