NCLT Bengaluru admits insolvency petition filed by IDBI Trusteeship Services against Coffee Day Enterprises, the parent company of the Coffee Day Group which owns and operates a resort, renders consultancy services and is also engaged in the sale and purchase of coffee beans. Coffee Day Enterprises had defaulted on a payment of Rs 228 crore.…
(The Center Square) – Gov. Roy Cooper announced on Monday that all 99 of the state’s eligible hospitals have agreed to participate in a medical relief program. First announced on July 1, the program will forgive up to $4 billion in medical debt for as many as 2 million North Carolinians. “Unlike most debts, medical debt…
The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed insolvency proceedings against Coffee Day Enterprises till the next date of hearing. Coffee Day Enterprises operates the Cafe Coffee Day chain. Passing an interim order, the Chennai-based bench of the appellate tribunal stayed the operations of the NCLT order. NCLAT also directed the financial creditor…
Transport company liquidates owing $600k+ to creditors Courier Mail Read the original article here
Former Liverpool star went bankrupt due to $1million gambling debt after Anfield exit Liverpool.com Read the original article here
MILAN — La Perla’s financial troubles have reached a tipping point. According to media reports, a Bologna, Italy, court declared the state of insolvency Thursday, with judge Michele Atzori naming a trifecta of court commissioners tasked with leading the Italian subsidiary La Perla Manufacturing Srl out of the quagmire. This marks the exit of the brand’s…
In short: In Rex’s first creditors’ meeting, administrators revealed Rex’s debts totalled $500 million, owed to 4,800 creditors. During the meeting, administrators said they were still investigating what caused the company to accrue so much debt What’s next? Administrators are still working through the company’s books. Administrators for beleaguered regional airline Rex say the company…
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PA Media Katie Price has been arrested at Heathrow Airport for failing to attend court and taken into police custody. An arrest warrant was issued for the former model on 30 July after she failed to attend a court hearing relating to her bankruptcies. The Metropolitan Police said a 46-year-old woman had been arrested at…
On the effective date, the company would also subscribe to 100 per cent equity share capital of NLRPL. | Photo: Shutterstock 1 min read Last Updated : Aug 12 2024 | 9:44 PM IST Oberoi Realty on Monday said the National Company Law Tribunal has approved its resolution plan for Nirmal Lifestyle Realty, and…