Business failures are on the rise in Britain, with several high-profile names lost already this year. But since the 1980s, the UK has made it a priority to throw a lifeline to struggling companies. It appears, however, that these efforts to enhance the law are being hampered by sloppy language in the media, increasing the…
DetailsThe National Company Law Tribunal (NCLT) on Monday ordered insolvency proceedings against media baron Subhash Chandra on a plea filed by Indiabulls Housing Finance. A two-member Delhi bench of the NCLT directed initiation of the Corporate Insolvency Resolution Process (CIRP) against Zee Entertainment Enterprises Ltd (ZEEL) Chairman Emeritus Chandra, who was a guarantor for a…
DetailsA Bundaberg farming company has gone into liquidation while owing $16 million to creditors, in the latest financial scandal to hit the farming empire. The New South Wales Supreme Court issued a winding up order and appointed a liquidator for Bundaberg Farming Co Pty Ltd on March 6, 2024. Roberto Barbera, a member of the…
DetailsAustralian EV charging company Tritium is facing financial collapse, with its directors declaring insolvency and putting the company into receivership. In a statement issued overnight to Nasdaq in New York, where it has been struggling to retain its listing because of a collapsing share price, company officials said Tritium DCFC Limited (DCFC) and three of its…
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DetailsA Bundaberg farming company has gone into liquidation while owing $16 million to creditors, in the latest financial scandal to hit the farming empire. The New South Wales Supreme Court issued a winding up order and appointed a liquidator for Bundaberg Farming Co Pty Ltd on March 6, 2024. Roberto Barbera, a member of the…
DetailsA Bundaberg farming company has gone into liquidation while owing $16 million to creditors, in the latest financial scandal to hit the farming empire. The New South Wales Supreme Court issued a winding up order and appointed a liquidator for Bundaberg Farming Co Pty Ltd on March 6, 2024. Roberto Barbera, a member of the…
DetailsWith this, IDBI Trusteeship and Axis Bank appeal against Chandra being admitted to personal insolvency has been rejected. 3 min read Last Updated : Apr 22 2024 | 7:25 PM IST The National Company Law Tribunal (NCLT) Delhi on Monday admitted Indiabulls Housing Finance’s (IBHF) personal insolvency plea against Zee Entertainment Enterprises Limited (ZEEL) chairman…
DetailsA Bundaberg farming company has gone into liquidation while owing $16 million to creditors, in the latest financial scandal to hit the farming empire. The New South Wales Supreme Court issued a winding up order and appointed a liquidator for Bundaberg Farming Co Pty Ltd on March 6, 2024. Roberto Barbera, a member of the…
DetailsA Bundaberg farming company has gone into liquidation while owing $16 million to creditors, in the latest financial scandal to hit the farming empire. The New South Wales Supreme Court issued a winding up order and appointed a liquidator for Bundaberg Farming Co Pty Ltd on March 6, 2024. Roberto Barbera, a member of the…
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