Local Aussie ice-cream maker Bon Appetit Australia has entered voluntary administration after ongoing issues with the business, with creditors reportedly owed over $1 million. Established back in 1980, Bon Appetit is a family business that started out as a small Melbourne gelateria on Chapel Street. In 2011, the company began producing and supplying ice cream and…
Simon Romana, also known as Hai and Haimana, founded Ira NRG in 2010 to turn sewage into electricity. The company folded soon after. An energy company, whose founder claimed he could turn sewage into electricity, has finally met its demise, eight years after it was banned for selling shares without a prospectus. The liquidation of…
Jude Petheram Investors in Forestlands NZ Ltd say they have little hope of receiving their promised returns as the company goes into liquidation. Forestlands put up no contest when the Financial Markets Authority (FMA) sought the liquidation of 18 of its subsidiary companies, the latest development in an ongoing series of troubles for the company. The application…
Honble NCLT, Ahmedabad Bench, vide order no. 137/7/NCLT/AHM/2018 dated 24.08.2018 has initiated Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor Diamond Power Infrastructure Limited. Vide the same order, Ramchandra Dallaram Choudhary, has been appointed as Interim Resolution Professional for the said Corporate Debtor. Pdf Link: Diamond Power Infrastructure Limited – Intimation of Corporate Insolvency…
After an ordinance brought home buyers under the hood of financial creditors, a financial creditor has moved the National Company Law Tribunal (NCLT) to have the corporate insolvency resolution proceeding initiated against a builder who failed to handover possession of a residential flat in an upcoming apartment complex but also failed to refund the money…
Embattled former Maori Party co-leader Marama Fox is eyeing a return to Parliament in 2023, but says she’s focused on her current cashflow problems at present. Fox, whose consultancy company was liquidated last week, estimates she owes around $156,000 to creditors but says she’s determined everyone will be paid back. Her business problems prompted her…
Jude Petheram Rowan Kearns, director and controlling shareholder of Forestlands NZ Ltd. Shareholders say Kearns has cut contact with them except for updates on his website. (File photo) Investors in Forestlands NZ Ltd say they have little hope of receiving their promised returns as the company goes into liquidation. Forestlands put up no contest when the…
For three days of the Sydney Test against India in 2012, Michael Clarke held court with his home crowd and a nation of cricket lovers. Millions around the country – and many more on the sub-continent – watched as the Australian captain hit an unbeaten triple century – the defining innings of his career. It…
For three days of the Sydney Test against India in 2012, Michael Clarke held court with his home crowd and a nation of cricket lovers. Millions around the country – and many more on the sub-continent – watched as the Australian captain hit an unbeaten triple century – the defining innings of his career. It…
Dear Sir / Madam, We would like to inform you that 3rd meeting of Committee of Creditors of Sterling Biotech Limited was held on Tuesday, 04th September 2018 at 03.00 P.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. The Meeting commenced on 03.00 P.M. IST and…