BAKU, Azerbaijan, March 8. Leader Production LLC, a subsidiary of Leader TV and Radio Azerbaijan LLC, is liquidated, Trend reports via State Tax Service. Creditors can submit their claims within two months to the address: 83/23 Shafayat Mehdiyev Street, Yasamal District, Baku City. Lider Production LLC was state-registered in 2008. The legal representative of the…
Former African leaders launch debt relief drive for poor nations FRANCE 24 English Read the original article here
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Independent Texas Recyclers, a Houston-based MRF operator , has discontinued operations after a nearly year-long court process to settle an $8 million loan payment dispute with its lender. Cadence Bank, ITR’s lender, sued the MRF operator and…
You could receive extra financial help to settle your rent debts from benefit payments. The Department for Work and Pensions (DWP) allows Universal Credit claimants to receive an extra amount to support housing, which can be paid directly to a landlord. However, this extra payment is not automatic and claimants must take the steps to…
The Timeless Summer Tour has been cancelled and put into liquidation three months after being postponed. A Rotorua ticketholder feeling “ripped off” after trying for weeks to get her $632 refunded says she’s “gutted” and even less confident of getting her “hard-earned money” back. The tour had the same promoter as the cancelled Juicy Fest New Zealand…
If the Grächen ski resort cannot significantly increase its capital soon, the mountain railroads will close and the family ski resort will be finished. Bild: Verein Grächen und St. Niklaus Tourismus und Gewerbe The mountain railroads and the Grächen ski area are 20 million francs in debt. They are calling on locals and guests to…
The IBC was designed with a clear, sequential process – first, the Corporate Insolvency Resolution Process (CIRP) attempts to revive the corporate debtor. If that fails, liquidation ensures a swift and conclusive dissolution. However, the concept of ‘sale as a going concern’ in liquidation contradicts this framework, effectively keeping failed businesses on artificial life support.…
Three lessors – NGF Alpha, NGF Genesis and NGF Charlie- have filed petitions under Section 9 of IBC, seeking initiation of insolvency proceedings against SpiceJet claiming dues totalling USD 12.68 million Updated On – 8 March 2025, 01:31 PM New Delhi: SpiceJet is facing fresh round of… Read the original article…
SpiceJet Ltd has been hit with fresh insolvency claims from three Ireland-based aircraft lessors and a former pilot over defaults on rental and employment dues, just as the financially strained airline prepares to revive operations. Three Irish lessors—NGF Genesis Ltd, NGF Charlie Ltd, and NGF Alpha Ltd—have alleged that SpiceJet defaulted on rental payments, with…
SpiceJet faces fresh insolvency proceedings from three Irish aircraft lessors and a former pilot in NCLT, claiming defaults. The lessors seek initiation of insolvency proceedings against SpiceJet claiming dues totalling USD 12.68 million. New Delhi, Mar 8 (PTI) SpiceJet is facing fresh round of troubles as three Ireland-based aircraft lessors and a former pilot have…