‘Hard-wired to make losses’: Whyalla steelworks bleeding $1.5m a day – MSN
‘Hard-wired to make losses’: Whyalla steelworks bleeding $1.5m a day MSN Read the original article here
‘Hard-wired to make losses’: Whyalla steelworks bleeding $1.5m a day MSN Read the original article here
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Property owners homeless after joint ventures gone wrong BusinessDesk Read the original article here
Former shareholder disputes claims made to liquidator The Press Read the original article here
The National Company Law Tribunal (NCLT), New Delhi, has approved the Rs 41.26-crore resolution plan submitted by The Statesman Limited for the debt-ridden United News of India, or UNI. The plan, which received 100% voting approval from the Committee of Creditors (CoC), aims to revive the second-largest news agency in the country. Background The Corporate Insolvency Resolution Process…
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Wesley Grainger-Smith fraudulently removed more than £700,000 from four struggling construction companies between 2014 and 2017 Grainger-Smith was not the official director of any of the companies but acted in the capacity of a director and had significant influence over their affairs All the company funds Grainger-Smith withdrew were transferred into his casino gaming account …
The Insolvency and Bankruptcy Board of India (“IBBI”) has recently notified several key amendments[1] in the CIRP Regulations[2], which aim to further streamline CIRPs[3] with special focus on real estate (RE) projects. These amendments give a formal effect to the recommendations/ suggestions that were proposed in the IBBI’s discussion paper, dated November 7, 2024, with…
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