Water bottling company in liquidation owing creditors $2.6 million – Stuff
Water bottling company in liquidation owing creditors $2.6 million Stuff Read the original article here
Strategies Used To Reduce a Company’s Debt-to-Capital Ratio
The debt-to-capital ratio is a financial leverage ratio, similar to the debt-to-equity (D/E) ratio. It compares a company’s total debt to its total capital, which is composed of debt financing and equity. The ratio is used as a baseline for a company’s financial standing and is something investors use when determining the risk of a…
NCLAT set aside penalty on lenders for delay in Mudra Denim insolvency process
The National Company Law Appellate Tribunal (NCLAT) has set aside the penalty imposed against lenders of debt-ridden Mudra Denim, saying there was no laxity on their part for delay in insolvency process. The Mumbai bench of the National Company Law Tribunal had, on November 11 last year, while deciding creditors’ plea seeking extension of deadline…