DESPAIR: A rice farmer in Ayutthayas Bang Sai district takes a break from her routine work in the fields. Like most other farmers, she is in a financial predicament due to farm debts. (Photo by Pattanapong Hirunard) The farm sector has been a driving engine behind the countrys economic growth, but at the same time,…
HOFFMAN ESTATES, Ill., Nov. 3, 2018 /PRNewswire/ –Sears Holdings Corporation (“Holdings” or the “Company”) (OTC Pink: SHLDQ) today announced that it has sought court approval of a “stalking horse” asset purchase agreement with Service.com to acquire the Sears Home Improvement business (“SHIP”) in a sale process under Section 363 of the U.S. Bankruptcy Code. SHIP,…
We wish to inform you that our lender State Bank of India, Kolkatta has filed a petition under Section of IBC 2016 to trigger a Corporate Insolvency Regulation Process (CIRP) against our company i.e. Suryachakra Power Corporation Limited (SPCL) in National Company Law Tribunal (NCLT) Hyderabad vide CP (IB) No: 421/7/HDB/2018 in July 2018 which…