March 17, 2025 - Page 4 of 10 - Insolvency Guardian

Ras Resorts Adjusts Financial Metrics Amid Stable Performance and Debt Management Challenges

Debt HelpBy Editor March 17, 2025

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Hudson’s Bay Announces Liquidation Amid Significant Financial Troubles

LiquidationBy Editor March 17, 2025

Hudson’s Bay Company has signaled its readiness to take the next major step in its creditor protection and restructuring process, significantly reshaping Canada’s commercial retail real estate market and resulting in major job losses. On Friday, March 14, 2025, the Canadian department store retailer announced a “store-by-store liquidation process” would commence as soon as this…

Rosmerta Digital files insolvency plea against Ola Electric. All you need to know

LiquidationBy Editor March 17, 2025

Ola Electric shares dropped sharply on Monday, falling nearly 7% in early trade. The stock slipped below Rs 50 for the first time, hitting a record low of Rs 46.94 on the Bombay Stock Exchange (BSE). By 10:54 am, it was trading at Rs 47.25, down 6.51%. The decline came after Ola Electric disclosed that…

Ola Electric Share Prices Hit A 52-Week Low, Falling By 7% As Insolvency Petitions Surface

LiquidationBy Editor March 17, 2025

Ola Electric Share Prices Hit A 52-Week Low, Falling By 7 Ola Electric share prices have faced a significant downtrend, dropping 41.39% year-to-date (YTD). In the previous month, the price fell 21.34%. The stock’s three-month performance displayed weak performance as it declined by 46.13%, similarly, the stock dropped 54.71% in the last six months. On…

More Troubles for Ola! Bhavish Aggarwal’s EV Maker Faces Insolvency Petitions Over ‘Unpaid Dues’

BankruptcyBy Editor March 17, 2025

“We wish to inform you that a petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) by M/s. Rosmerta Digital Services Limited, an Operational Creditor of Ola Electric Technologies Private Limited, a wholly owned subsidiary of Ola Electric Mobility Limited (“the Company”),” the exchange filing read. Read the original…

No Cookies | Gold Coast Bulletin

LiquidationBy Editor March 17, 2025

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…

Trouble for Ola Electric? Subsidiary hit with insolvency plea – Bike News

BankruptcyBy Editor March 17, 2025

Rosmerta has filed an insolvency petition against Ola Electric Technologies in the NCLT Bengaluru, alleging payment defaults for its services. Rosmerta Digital Services Ltd, a vehicle registration service provider, has filed an insolvency petition against Ola Electric Mobility’s subsidiary Ola Electric Technologies before the National Company Law Tribunal in Bengaluru. According to Rosmerta, the company…

Ola Electric shares tank 7% to hit all-time low amid insolvency plea

LiquidationBy Editor March 17, 2025

Shares of Bhavish Aggarwal-led Ola Electric Mobility Ltd tumbled 7% in intraday trade on Monday to hit their lowest amid an insolvency petition filed in National Company Law Tribunal’s (NCLT’s) Bengaluru Bench against its subsidiary by operational creditor Rosmerta Digital Services Ltd. The insolvency plea, seeking initiation of the corporate insolvency resolution process (CIRP) against…

Bluechiip Limited Enters Voluntary Administration – TipRanks

LiquidationBy Editor March 17, 2025

Bluechiip Limited Enters Voluntary Administration TipRanks Read the original article here

Ola Electric Mobility share price drops below ₹50 after stock falls 6% on Monday

BankruptcyBy Editor March 17, 2025

Shares of Ola Electric Mobility Ltd. fell as much as 6% on Monday, March 17, after a high security number plate manufacturer and vehicle registration agency sued the company for defaulting on payments. With this, the stock fell below the mark of ₹50 apiece. Ola Electric, in an exchange filing over the weekend, mentioned that…

Daily Archives: March 17, 2025