Montego Homes goes into administration as Victorian construction company hits pause on projects – Daily Mail

Liquidation

By Daily Mail Australia Reporter Published: 08:10 AEDT, 17 January 2024 | Updated: 08:34 AEDT, 17 January 2024 Another building firm has gone into voluntary administration immediately putting a pause on all projects. Victorian-based Montego Homes appointed Cor Cordis as administ… Read the full article at: https://www.dailymail.co.uk/news/article-12971033/Montego-Homes-goes-administration-Victorian-construction-company-hits-pause-projects.html

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Insolvency Service probes concerns around potential mis-selling of IVAs – The Independent

Bankruptcy

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails The Insolvency Service is looking into concerns around the potential mis-selling of IVAs (individual voluntary arrangements). The service said it wants to understand the experience of some consumers…

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President discusses effective progress of debt restructuring at Business Roundtable in Switzerland – adaderana.lk

Restructuring

Addressing the Business Roundtable organized by BOI Sri Lanka and the Swiss-Asian Chamber of Commerce yesterday, during his official tour to Switzerland to attend the 54th Annual Meeting of the World Economic Forum, President Ranil Wickremesinghe highlighted significant strides in Sri Lankas economic recovery and outlined future growth prospects. President Wickremesinghe began by acknowledging the…

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England, Wales on track for most company insolvencies since 1993 – Yahoo News UK

Bankruptcy

By David Milliken LONDON (Reuters) – Company insolvencies in England and Wales look on track to hit a 30-year-high in the final three months of 2023 despite a sharp drop in December, official figures suggested on Tuesday. The government’s Insolvency Service said 2,002 companies were declared insolvent last month, 2% more than a year earlier…

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More trouble for Zee: SC upholds HC ruling to send Siti Networks' loan default case to arbitration – Business Today

Liquidation

Zee-Sony merger: The Supreme Court on Tuesday upheld the Delhi High Court’s ruling to refer the Rs 150 crore dispute between Aditya Birla Finance and Siti Networks to arbitration. The high court had appointed former Supreme Court judge Justice LN Rao as the sole arbitrator. Aditya Birla Finance had alleged that Siti has not settled…

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