Belinda Seper has regained control of her luxury boutique chain, after creditors voted in favour of a deed of company arrangement earlier this week.
Belinda International and its eight boutiques, including Belinda and The Corner Shop, were placed into voluntary administration earlier this month.
Adam Shepard of Dean-Willcocks confirmed a decision on its future was reached at a creditors meeting on September 21.
"I can confirm creditors voted in favour of a deed of company arrangement and the control of the company reverts back to the board," he said.
As reported in today's edition of Ragtrader, administrators had fielded a number of retention of title claims from fashion suppliers to Belinda International.
Further details are expected to be revealed when administrators file a report into the affairs of the company with financial authorities.
JOSH GOOT: Among brands to have been sold at The Corner Shop.
