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Go First had filed for bankruptcy in May last year. An Indian tribunal has ordered the liquidation of Go First Airways after a request from the cash-strapped airline's lenders, CNBC-TV18 reported ...

(REUTERS) The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of debt-laden Go First, bringing to an end a 20-month-long insolvency process after the grounded budget carrier ...

An entity linked to troubled Auckland property group Du Val went into liquidation owing nearly $4.6 million in taxes to Inland Revenue. Tui Terraces Limited Partnership was formed in April 2019 to ...

A Du Val Group entity formed as the vehicle for a townhouse development in Auckland moved into liquidation owing $4.6 million in taxes to Inland Revenue. Tui Terraces Limited Partnership, formed in ...

It said it will provide further details about the process for accessing guaranteed funds following the court’s decision on the liquidation application. KZN Treasury MEC Francois Rodgers said the ...

It's a while since I formally closed a company with a capital distribution - not since ESC C16 in fact!. As I understand it this is now written into legislation now at CTA2010, s1030A for any ...

NCLT has ordered the liquidation of Tulip Hotels after the company failed to secure a bidder during its insolvency resolution process. The decision comes after the 180-day timeline for finding a ...

A disturbing pattern of alleged profiteering and questionable practices has emerged in South Africa's financial sector, with online trading platform Banxso exposing what it describes as a ...

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Ithala SOC Limited, a key financial institution in KwaZulu-Natal, is facing the threat of imminent closure after the Prudential Authority (PA) initiated liquidation proceedings. The situation has ...

“Following the Prudential Authority's application for provisional liquidation of Ithala SOC Limited, we understand that depositors may be concerned about the safety of their funds,” National Treasury ...