SpiceJet is facing renewed financial trouble as three Ireland-based aircraft lessors and a former pilot have filed insolvency petitions against the budget carrier in the National Company Law Tribunal (NCLT), citing unpaid dues. Lessors NGF Alpha, NGF Genesis, and NGF Charlie have moved NCLT under Section 9 of the Insolvency and Bankruptcy Code (IBC),…
Texas gun company goes bankrupt two years after launch as firearm users bemoan ‘gunfluencers’ MSN Read the original article here
Bradley Wiggins has opened up on his post-retirement struggles, as the cycling legend detailed his drug addiction battle and the financial issues which declared him bankrupt in June last year. Wiggins, who won a previous national record eight Olympic gold medals, was one of the greatest cyclists ever produced by Great Britain, winning titles on…
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Paperwork prepared for Tuesday’s Ipswich Borough Council executive meeting has revealed that Dayal Motels Ltd went into liquidation on December 11. The company was liable for business rates at the Tavern Street site from June 28, 2022, to December 10 last year, but according to the council no rates were paid. There was a valuation request…
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Penelope Hawkins is a senior economist, policy researcher and adviser at UN Trade and Development (UNCTAD) Previusly, as founder and managing director of Feasibility (Pty) Ltd, she has undertaken some of the leading research projects in the financial sector in Southern Africa, commissioned by regulators, policymakers, and the private sector. She researches and engages with…
APUS Zero Emission Enters Provisional Insolvency Amid Challenges in Green Hydrogen Aviation – World Energy APUS Zero Emission, a pioneer in hydrogen aircraft development, has entered provisional insolvency proceedings as it grapples with financial viability issues in the slowly transitioning green aviation sector. APUS Zero Emission GmbH, based in Strausberg, has been placed under provisional…
Fresh trouble for SpiceJet as 3 aircraft lessors, former pilot file insolvency pleas Daily Excelsior Read the original article here
Promoter Undergoing CIRP Can Be Permitted To Complete Project For Benefit Of Homebuyer: NCLAT Live Law – Indian Legal News Read the original article here