A melbourne based building company owned by an Indian-origin builder has gone into voluntary liquidation citing financial crisis. On March 20th a liquidator was appointed for S J Builders, which operates from the northern Melbourne suburb of Bundoora. “Notice is given that at a general meeting of the members of the company held on 20…
Creditors have voted to save Hills Limited (ASX: HIL) from falling into the hands of liquidators after agreeing to a deed of company arrangement (DOCA) as administrators run their eyes over offers to buy the business as a going concern. In an announcement to the ASX today, administrators Sule Arnautovic and John Vouris of Hall Chadwick…
A major pool company has suddenly collapsed, leaving clients with unfinished projects and a pile of dirt in their backyards. Scenic Pools, based in
A bride-to-be has revealed her ‘disappointment’ over being left without a wedding dress after popular sydney-based designer Johanna Johnson had her empire pushed into liquidation for owing more than $1 million to the Tax Office. Georgia Slade, 30, said she fell in love with the brand after seeing actor Zoe Ventura’s donning a Johanna Johnson…
A number of customers took to Fenton & Fenton’s most recent Facebook post to query whether they would be refunded for their orders or outstanding credit. Fenton & Fenton was posting on social media as recently as Monday. It appears comments have been disabled on its Instagram account. Nikitins said the business, which he described…
The business of Anthony Cummings (son of horse racing legend, Bart) reportedly owes more than $2 million and has had his training company placed into liquidation. The Cummings name is synonymous with horse racing in Australia, with the late Bart Cummings training a staggering 12 melbourne Cup winners, with a race now named after him…
Hilary McNevin September 4, 2015 Save You have reached your maximum number of saved items. Remove items from your saved list to add more. Save this article for later Add articles to your saved list and come back to them anytime. Got it Better days: Brooks restaurant on the go.Paul Jeffers Is the restaurant site…
A Merhis apartment project under construction in Parramatta.Credit: Wolter Peeters The allegation was made by liquidators from Helm Advisory in documents filed with ASIC in April. The Merhis Group denied the allegations to the Herald. It settled claims from creditors in late September, agreeing to pay about $20 million to the tax office and other…
“Now that these concessions and support mechanisms have ended, from October 2022 to March 2023, there was a 61 per cent rise in insolvency compared to the same period last year, with 3632 cases reported this year compared to 2257.” Victorian Chamber of Commerce and Industry chairman Paul Guerra said rising inflation and the end…
Another sydney building company has fallen leaving at least 60 creditors out of pocket and owing more than $1 million in debt. Simone Homes Pty Ltd went into voluntary liquidation on Thursday, August 24 with insolvency firm PKF’s Bradley John Tonks acting as the company’s liquidator. The business is family-run and was established in 2014…