Photo: LDR Solar power company SolarZero has been put into liquidation, leaving some customers worried about the contracts they have signed with the company. The company – which offers customers solar power systems with no upfront cost but an ongoing, multi-decade lease – said the directors had requested its shareholder appoint a liquidator. It said…
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SUMMARY The NCLAT rejected Multiple Brand Solutions’ contention, saying that the vendor’s claim for payment of invoices was “disputed much before demand notice was issued” Multiple Brand Solutions sought to initiate bankruptcy proceedings against Amazon Wholesale (India) over alleged default of INR 3.7 Cr between March 2023 and May 2023 Earlier, the Delhi bench of…
Questions swirl as homeowners await SolarZero answers The Post Read the original article here
The ultimate pay situation would depend on whether the liquidators recovered any funds. Due to “unsustainable operating losses and liquidity constraints”, the business was unable to continue trading in its current form. She said the firm was “losing millions every year”. AdvertisementAdvertise with NZME. But it recently secured credit lines of more than $195m to…
Spirit Airlines Files for Bankruptcy; Lost $2.2 Billion in 5 Years The New York Times Read the original article here
Black Friday is just around the corner, promising irresistible deals and discounts. But amidst the frenzy, it’s easy to overspend and find yourself in financial trouble. To help you enjoy the shopping season without breaking the bank, here are five practical tips: 1. Set a Budget and Stick to It Before you even browse the…
South Korean crypto platform Delio declared bankrupt, owing $1.75 billion MSN Read the original article here
‘We don’t want to go bankrupt’: Stockport council defends £59 charge Manchester Evening News Read the original article here
KTM Is Nearly Bankrupt, Files to Save the Company From Insolvency MSN Read the original article here