Creditors approve 3radical’s liquidation – South West

Bristol technology firm 3radical has entered liquidation after no offers for the business as a going concern were received. The decision was confirmed yesterday after being approved by creditors. Christopher Errington and Paul Ellison of KRE Corporate Recovery have been appointed as joint liquidators of 3radical. It comes just eight months after the audience engagement…

Metro Tyres drags Hero Electric to insolvency court

The New Delhi bench of the National Company Law Tribunal has admitted the insolvency petition filed by operational creditor Metro Tyres Limited against Hero Electric Vehicles Pvt. Ltd. The dispute Centers around an outstanding payment of Rs. 1.85 crore for cycle tyres and tubes supplied by Metro Tyres to Hero Electric. Hero Electric claims the…

PDMO to centralise country’s debt management

542 Will take over all relevant functions from Central Bank,Treasury Public Debt Management Act of 2024 in operation now The newly established Public Debt Management Office (PDMO) will centralise the country’s debt management operations in a holistic manner, the Finance Ministry said. The PDMO will take over all the relevant functions from the Central Bank…