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Liquidation


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A bathroom business in Bury St Edmunds has gone into liquidation, leaving the government with a pandemic loan of £ 50,000. Concept Bathrooms, which has a registered business address at 7 Chamberlayne Road in the city, appointed Wilson Field liquidators on May 20. According to documents filed with Companies House, when the company went into …

JIL’s CoC is meeting on Thursday, June 10 to deliberate on the revised resolution plans of NBCC and the consortium led by Suraksha Realty as well as to decide on the voting process for the acquisition of the bankrupt real estate developer. NBCC, in a letter to Jaypee Infratech (JIL) Creditors Committee (CoC) Wednesday, said …

Through Banele Ginindza 2h ago Share this article: ShareTweeterShareShareShareE-mailShare DENEL, the state-owned arms maker, announced yesterday that it is engaging with contractor Saab Grintek Defense to reach an “out-of-court outcome” on its offer to liquidate Denel for unpaid debts. In a brief notice to the Johannesburg Stock Exchange, Denel said that “Noteholders are referred to …

Franklin Templeton has vowed to appeal a ban on its Indian subsidiary, the Franklin Templeton India Mutual Fund, which would see the asset manager banned from launching new debt products in the country for two years. The Securities and Exchange Board of India (SEBI) imposed a ban on the group after finding “serious defaults and …

Journalist , Singapore The oil and gas company has filed for liquidation. KrisEnergy Ltd. will liquidate all of its assets as the company has announced that it has filed for debt liquidation. The upstream independent oil and gas company said it was unable to pay its debt because the company’s liabilities exceeded its assets. Accordingly, …

The Uasa union has assured its members who are employed by the state-owned industrial defense group Denel of its support, as the history of the financially troubled company takes another turn for the worse. The private South African defense company Saab Grintek Defense (majority owned by the Swedish group Saab) has asked the High Court …

Singapore court administrators Hyflux Ltd said it asked a court to liquidate the company after negotiations for an investment in the ailing water treatment company failed. “In view of the negotiations with the investor for an investment in the whole Hyflux The group did not succeed and therefore a restructuring is not possible, the continuation …

news, local news, Quest Apartment Hotels has confirmed that Quest Launceston has gone into liquidation following the bankruptcy of the franchisee. FKS Investment VIC Pty Ltd, the company that operates as Quest Launceston, went into liquidation on May 14, according to ASIC. In a statement, Quest Apartment Hotels confirmed that they remain committed to maintaining …

The controversy over two old houses catching fire on a block for a Brisbane townhouse development came at a bad time for the developer – leading real estate investor Sasha Hopkins. Key points: Sasha Hopkins owns a business that went into administration last year and owes around $ 9 million to at least 70 creditors …