Zomato faces an insolvency plea from Nona Lifestyle over alleged unpaid dues of Rs 1.64 crore. The NCLT has adjourned the case to April 3 for further clarification. Zomato has rejected these claims, stating that Nona Lifestyle repeatedly missed agreed-upon delivery deadlines, resulting in penalties as per their contract. Food delivery giant Zomato is facing…
Shoppers say it’s sad to see what’s happened to the venerable Canadian department store Hudson’s Bay. Canada’s oldest company is waiting for court approval on a full liquidation, which could begin a few days from now and last for up to 12 weeks, but Hudson’s Bay is still holding out hope that it will find…
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More than 350 locations will undergo liquidation sales as Forever 21 begins the bankruptcy process. WASHINGTON — More than 350 Forever 21 clothing stores are beginning liquidation sales across the country as the company files for Chapter 11 bankruptcy protection amid declining mall traffic in the U.S. According to bankruptcy paperwork filed Monday by F21…
Hudson’s Bay at Pen Centre faces closure as company prepares for liquidation Niagara This Week Read the original article here
At his headiest high, he was raking in wins of S$100,000. But for *Michael (not his real name), gambling was never just about the money. “I was looking for thrills,” he told Salt&Light. Six-figure wins happened often enough to feed that hunger. But the peaks were always bracketed by long seasons of devastating losses. He…
Sharvain Facades goes into voluntary administration MSN Read the original article here
The Bay could start liquidation sales this week CBC.ca Read the original article here
Building projects running into billions of dollars by value are now up in the air following the lapse of Roberts Co into administration. The Sydney-based company’s Victorian arm was working on eight projects when work stopped and contractors cleared sites of their equipment, tools and labour. Company losses are so far put at $60 million…