The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates Cafe Coffee Day chain, till the next hearing. New Delhi, Aug 14 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates Cafe Coffee…
A long-standing Canterbury wholesale plant business which employed 28 staff has been placed into liquidation by shareholder resolution. In their initial report to creditors and shareholders of Headford Propagators, liquidators Trevor and Emma Laing said the reasons cited included a recent significant reduction in turnover — estimated at more than $400,000 in the last two…
Jontay Porter, the former Toronto Raptors forward who was given a ban by the NBA because of a sports betting scandal, was “in over his head” with a gambling addiction, his lawyer said Friday. Jeff Jensen, a government investigations attorney in St. Louis, also said in a statement provided to The Associated Press that Porter…
New York CNN — Red Lobster, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, has filed for bankruptcy. The company said it had more than $1 billion in debt and less than $30 million in cash on hand. It plans to sell…
In short: Rex Airlines has entered voluntary administration, but an Australian aviation industry pioneer says it does not have to be the end for the outback air service. North-west Queenslanders are concerned about the impact the airline going under could have on access to services and growth. What’s next? Industry players say operators need to…
NEW YORK — Unexpectedly high medical bills are common in the United States, but there are ways to get relief. According to the Consumer Financial Protection Bureau, one in five Americans are affected by outstanding medical debt, for a total cost of $88 billion. In a 2022 study, the bureau found that roughly 20% of…
She instantly became a pop culture icon after bursting into the public eye as loudmouthed Page 3 girl, Jordan. Having tried her hand at modelling, singing, presenting, campaigning and reality TV, the glamour model quickly became a household name in Britain. Yet while Katie Price‘s moniker will ring a bell for both young and old,…
The corporate dispute tribunal NCLT has ordered initiating insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Coffee Day Group which operates Cafe Coffee Day chain of coffee houses. NCLT Orders Insolvency CCD The Bengaluru bench of the NCLT (National Company Law Tribunal) on August 8 admitted the plea filed by IDBI…
I am a 35-year-old female office worker, attractive and well-educated. My parents are civil servants known for their integrity and dedication to helping others. I have always cherished the warmth and happiness of my family, qualities I hoped to find in my own marital life. Unfortunately, my marriage turned out to be far from what…
New Delhi: India’s top court on Wednesday revived insolvency proceedings against education technology company Byju’s following a lawsuit by a trust representing U.S. lenders who say they are owed $1 billion by the company. The Supreme Court order is a setback for founder Byju Raveendran whose eponymous online coaching company was valued at $22 billion…