The number of companies filing for administration across the South West has jumped by 10% year-on-year, according to a report by Interpath Advisory. Analysis of notices in The Gazette by Interpath Advisory revealed that 55 companies based in the South West fell into administration in the first six months of 2023. This was up from…
DetailsAgriforce Growing Systems Ltd. VANCOUVER, British Columbia, July 24, 2023 (GLOBE NEWSWIRE) — AgriFORCE Growing Systems Ltd. (the Company) (NASDAQ: AGRI; AGRIW), an agtech company focused on advancing sustainable cultivation and plant-based products, today provided a business update following the recent restructuring of management. Richard Wong, interim CEO of AgriFORCE, stated, We remain committed to…
DetailsCafe Coffee Day outlet in Connought Place in New Delhi (Photo – Dalip Kumar) Coffee Day Global, the operator of Cafe Coffee Day chains, was admitted for corporate insolvency by the Bengaluru bench of the National Company Law Tribunal (NCLT) last week, The Economic Times (ET) reported on Monday. Based on a petition filed by…
DetailsP eople seeking debt help are being urged by charities to beware of adverts promising quick fixes which could lead to their problems becoming worse. StepChange, Citizens Advice and the Money Advice Trust say they have seen increasing numbers of people burdened by cost-of-living pressures. They warned that some adverts may mimic their branding, to…
DetailsThe operator of Cafe Coffee Day chain, Coffee Day Global, was admitted for corporate insolvency last week. The coffee chain is facing bankruptcy case after IndusInd Bank filed a petition to the National Company Law Tribunal (NCLT), reported Economic Times citing sources. The company was admitted for corporate insolvency by the Bengaluru Bench of the…
DetailsManaging personal finances can often be overwhelming, especially when faced with mounting debts and financial obligations. In such situations, seeking the right solution to ease the burden and regain control of your finances is a logical step. The commonly considered options are debt consolidation and debt review. Denise Hartley, COO at FNB Collections, said, While…
DetailsJul 12, 2023 Committee chair Deborah O’Neill says she hopes the report will provide the foundation for reform. -AAP Image Australia’s corporate insolvency system is too complex, hard to access and unnecessarily costly and needs a major overhaul. That is the conclusion of a long-running inquiry into the system by the federal parliament’s corporations and…
DetailsBy Jeremy Ball Correspondent, BBC East Midlands Today A debt advice centre is to set a mental health counselling service in one of Nottingham’s most deprived communities. The “Money Minded” project will offer professional help for conditions including anxiety and depression at the St Ann’s Advice Centre. More than 300 people queue for food and…
DetailsWildlife lovers have been asked to dig deep and donate to a beloved marine park forced into voluntary administration, in a last-ditch effort to keep the business alive. Dolphin Marine Conservation Park in Coffs Harbour, one of only two facilities that take in and care for injured dolphins in Australia, has called for urgent support…
DetailsWest Australian building company Modco Residential has entered voluntary administration, blaming rising costs and the media its downfall. The WA building regulator, Building and Energy, warned the public to be cautious when dealing with the company because it had significant reason to believe it was under financial stress, with several court cases launched against it.…
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