To facilitate the closure of the in such cases, the IBBI had opened a corporate liquidation account to deposit such ...

Mabopane Junction Shopping Centre in Pretoria will be auctioned later this week as its owner, Hanmar Beleggings Proprietary ...

Whether you’re in need of wall mounts to hang up your new television, paint to decorate your newborn’s nursery or a chainsaw ...

In June 2024, the Central Bank of Nigeria (CBN) revoked the banking licence of Heritage Bank Plc (Heritage Bank). CBN claimed that its regulatory action was necessitated by Heritage Bank’s poor ...

Difficult trading conditions have claimed another hospitality business with renowned chef Scott Denning calling time on his ...

Chicago-based CA Ventures faces mounting troubles as its European student-housing platform enters creditors’ voluntary ...

Business owners still retain most of the control, but not as much as in a workout scenario. Liquidation is when a company sells its assets to pay back creditors and ultimately its owners.

West Pack Lifestyle has survived its business rescue proceedings amid a turbulent time for companies in South Africa.

Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees ...

The Supreme Court on Thursday directed the liquidation of Jet Airways to commence as the “last viable resort” to protect the ...

Four creditors, who claim they’re owed a combined $8.3 million, seek to force the company to liquidate its assets.