Scottish Government funding will allow a scheme set up to help those struggling with council tax debts to be expanded nationwide. An additional £2.2 million is being provided to Citizens Advice Scotland to roll out the scheme – which is currently being run in nine local authority areas – all across the country. It comes…
Food delivery giant Zomato is facing an insolvency plea filed by uniform supplier Nona Lifestyle, which claims the company has failed to clear dues amounting to ₹1.64 crore, reported Bar and Bench on Monday, March 17. The matter, heard by the National Company Law Tribunal (NCLT), has been adjourned to April 3 after the tribunal…
Forever 21 files for bankruptcy again, to start liquidation sales New Straits Times Read the original article here
Ola Electric shares hit all-time low, end 7% down; firm loses Rs 1,601 cr m-cap Deccan Herald Read the original article here
Forever 21 files for bankruptcy again, to start liquidation sales Reuters Read the original article here
Hudson’s Bay is set to be back in court Monday morning where it will seek approval to begin liquidating its entire business, putting more than 9,000 jobs at risk. The department store holding the title of Canada’s oldest company says it has been forced toward a full liquidation because “exhaustive” efforts haven’t turned up the…
US-origin Fashion brand, Forever 21’s operator F21OpCo filed for Chapter 11 bankruptcy on Sunday. This is the second time in six years the retailer has taken the decision amidst withering sales. As Forever 21 fails to remain profitable, the company said the liquidation sales at their stores will soon follow. In the ever-increasing e-commerce market,…
Scottish Government funding will allow a scheme set up to help those struggling with council tax debts to be expanded nationwide. An additional £2.2 million is being provided to Citizens Advice Scotland to roll out the scheme – which is currently being run in nine local authority areas – all across the country. It comes…
A popular car parts, camping and DIY supplier has entered voluntary liquidation, as a sale of its remaining stock is set to take place later this month. Autoplus Limited, based in Norton, Stockton, entered voluntary liquidation on March 10, leaving customers and staff devastated by the news. The liquidation resulted in job losses for several employees, while…
The free fall in Ola Electric share price came after Rosmerta filed an insolvency petition against its subsidiary Ola Electric Technologies for allegedly defaulting on payment Shares of Ola Electric Mobility plummeted over 7% in the morning trade today to hit an all-time low at INR 46.94 apiece, dragged down by the company’s disclosure that…