Haydale places “loss-making” US arm into corporate insolvency process – Insider Media
Haydale places “loss-making” US arm into corporate insolvency process Insider Media Read the original article here
Creditors Recovered Rs3.58 Lakh Crore in 1,119 Liquidation Cases, No Info on Haircuts in Settlement: Govt – Moneylife
Creditors Recovered Rs3.58 Lakh Crore in 1,119 Liquidation Cases, No Info on Haircuts in Settlement: Govt Moneylife Read the original article here
Beulah puts $2.7b Sth Bnk twin tower apartment project into administration
Australia’s property sector troubles have deepened, putting the future of the country’s tallest residential development in question, after developer Beulah International put the project manager of its high-profile Sth Bank project into voluntary administration. Pitcher Partners’ David Vasudevan and Lindsay Bainbridge were appointed administrators of BSSPV Pty Ltd after architecture firms Cox Architecture and UN…
Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News
By Market Capitalisation.Net Sales.Net Profit.Total Assets.Excise.Other Income.Raw Materials.Power & Fuel.Employee Cost.PBDIT.Interest.Tax.EPS.Investments.Sundry Debtors.Cash/Bank.Inventory.Debt.Contingent Liabilities. Screen Crit AbrasivesAerospace & DefenceAgricultureAir ConditionersAirlinesAluminium & Aluminium ProductsAmusement Parks/Recreation/ClubAquacultureAuto AncillariesAuto… Read the original article here
Rapido announces ESOP liquidation programme
Mobility startup Rapido on Tuesday announced its first-ever Employee Stock Ownership Plan (ESOP) liquidation programme for current and former employees. Through this initiative, employees are eligible to sell a portion of their vested ESOP units immediately. The move by the company is aimed at enhancing employee satisfaction and retention while fostering a culture of shared…
Rapido announces ESOP liquidation programme
New Delhi, Feb 11 (PTI) Mobility startup Rapido on Tuesday announced its first-ever Employee Stock Ownership Plan (ESOP) liquidation programme for current and former employees. Through this initiative, employees are eligible to sell a portion of their vested ESOP units immediately. The move by the company is aimed at enhancing employee satisfaction and retention while…
Peavey Mart warns of scams as liquidation is underway
Peavey Mart said it is aware of fake websites and social media accounts that are impersonating the retailer Peavey Mart is warning customers about online scams after the retailer announced last month that it was closing all stores. In a social media post on Monday, the retailer said it is aware of fake Peavey Mart…
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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
Business Arrangement Involving Joint Profit-Sharing, Exclusive Supply Agreement Does Not Establish Creditor-Debtor Relationship Under IBC: NCLT
The National Company Law Tribunal (NCLT), Delhi, has held that a petitioner cannot initiate the Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) if the business arrangement between the parties involves joint participation and profit-sharing rather than a straightforward operational debt. The Tribunal ruled that such an…
NCLT directs BCCI to submit withdrawal application in dispute with Byju’s
The National Company Law Tribunal (NCLT) on Monday directed the Board of Control for Cricket in India (BCCI) to submit its application to withdraw the insolvency plea it had filed against Think & Learn Private Limited, the parent company of ed-tech giant Byju’s. The move comes as part of the ongoing legal dispute between the…