The shares of Coffee Day Enterprises Limited were trading at ₹46.49, down by ₹2.58 (5.26 per cent) on NSE at 2 pm on Friday. Also read: Coffee Day Enterprises Q1 profit at ₹23 cr On Thursday, Coffee Day Enterprises Limited (CDEL) disclosed that the National Company Law Tribunal (NCLT) in Bengaluru has admitted an application…
Federal court extends block on Biden’s student debt relief plan Reuters Read the original article here
The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates the Cafe Coffee Day chain, until the next date of hearing. The Chennai bench of the appellate tribunal stayed the operations of the National Company Law Tribunal (NCLT) order over a petition filed by…
When Bonza took to the skies last year it was a dream come true for Nicole Toomey, who got her first-ever job in aviation as a part of the airline’s cabin crew. Then, when Bonza went into liquidation, the 53-year-old mum and grandmother was sure her aviation dreams had ended. “I was sold out for…
Banned NBA player Jontay Porter intentionally removed himself from games as a way to pay back “large gambling debts” according to a complaint filed in US District Court for the Eastern District of New York. One of Porter’s “co-conspirators” was arrested on Monday (3 June) and appeared in court the following day. Long Phi Pham,…
Life insurance startup Sproutt See full company profile “> has declared insolvency. Recently, Sproutt submitted a request to the District Court in Tel Aviv to initiate insolvency proceedings due to its inability to pay a debt to an Israeli bank and other suppliers, according to a report by Calcalist. Founded in 2017, Sproutt raised $38…
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RALEIGH, N.C. (WBTV) – North Carolina hospitals are taking part in an innovative and groundbreaking plan to relieve billions of dollars of medical debt for millions of people. During a news conference Monday, North Carolina Governor Roy Cooper announced that every eligible hospital signed onto a plan that could wipe away $4 billion in debt…
Belgian semiconductor makers declared bankrupt, over 400 jobs at risk The Brussels Times Read the original article here
The parent company of the Coffee Day Group, which runs the Cafe Coffee Day network of coffee shops, Coffee Day Enterprises(CDEL), has been ordered to begin insolvency proceedings by the Corporate Dispute Tribunal NCLT. On August 8, the IDBI Trusteeship Services (IDBITSL) case, which claimed a default of Rs. 228.45 crore, was accepted by the…