Board of hydrogen truck maker Hyzon votes to dissolve loss-making company as money runs out Hydrogen Insight Read the original article here
SINGAPORE – Hin Leong’s founder Lim Oon Kuin and his two children were declared bankrupt last week, the electronic government gazette published on Dec 27 showed. Better known in the oil trading industry as O.K. Lim, the 82 year old, his 57-year-old daughter Lim Huey Ching and 54-year-old son Lim Chee Meng will have their…
14:22, 27 December 2024, Bishkek – 24.kg news agency , by Baktygul OSMONALIEVA Kara-Balta Passenger Motor Transport Company has announced its liquidation. The website of the Kyrgyz Stock Exchange says. An extraordinary meeting of shareholders of Kara-Balta Passenger Motor Transport Company OJSC was held, at which a decision was made to terminate the company’s activities. The quorum was 87.77 percent of the voting…
Over 1,400 businesses in South Africa shut their doors in 2024 – these were the hardest-hit BusinessTech Read the original article here
National Company Law Tribunal (NCLT) has recently initiated Corporate Insolvency Resolution Process (CIRP) against Hero Electric Vehicles Pvt Ltd following a petition filed by Metro Tyres. The operational creditor alleged that Hero Electric failed to clear dues amounting to ₹1.85 crore for tyres and tubes supplied between August and December 2022. In its December 20…
Shohei Ohtani was the story of the 2024 MLB offseason. How could it be anything else? Ohtani, a two-way sensation, hit free agency after putting up MVP-worthy numbers as a hitter and Cy Young-caliber numbers as a pitcher. After weeks of rumors and rumblings, Ohtani’s next destination was finally decided. After spending six years with the Angels,…
Sohinder Gill, CEO of Hero Electric India poses with the Dash and ER series electric two-wheelers, in Kolkata. | Photo Credit: PTI The National Company Law Tribunal (NCLT) has directed initiation of insolvency proceedings against Hero Electric after admitting a plea filed by Metro Tyres, an operational creditor claiming a default of ₹1.85 crore. As…
The National Company Law Tribunal (NCLT) has begun insolvency proceedings against Hero Electric, following a plea by operational creditor Metro Tyres over an alleged default of Rs 1.85 crore. The tribunal also appointed Bhoopesh Gupta as Interim Resolution Professional to manage the company after the board’s suspension. Hero Electric’s defense, citing a pre-existing…
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Hero Electric after admitting a plea by Metro Tyres over unpaid dues of Rs 1.85 crore. New Delhi, Dec 27 (PTI) The National Company Law Tribunal (NCLT) has directed initiation of insolvency proceedings against Hero Electric after admitting a plea filed by Metro Tyres,…