The increase was reported by R3, the UK’s insolvency and restructuring trade body, which analysed data from Creditsafe. The data revealed a rise in insolvency-related activities from 172 in January to 212 in February. These figures include administrator and liquidator appointments, as well as creditors’ meetings. READ MORE: FOUNDRY: Hundreds attend networking business event in Poole…
Updated Mar 19, 2025 12:15 IST Adani, GMR, Dalmia Bharat, Vedanta among Jaiprakash Associates insolvency bidders, says report Jaiprakash Associates Insolvency Bidders : Several major business groups are eyeing a potential acquisition in the infrastructure and cement space, signaling heightened interest in distressed assets. The development comes amid a court-monitored Jaiprakash Associates insolvency process, drawing…
The National Company Law Appellate Tribunal (NCLAT) has set aside the bankruptcy case against Essar Oil and Gas Exploration and Production Ltd (EOGEPL), a subsidiary of Essar Group. An NCLAT bench led by chairperson Justice Ashok Bhushan overturned the National Company Law Tribunal (NCLT) order, based on a petition from Greka Green Solutions (India) Ltd,…
Zomato is facing potential insolvency proceedings as Nona Lifestyle Pvt Ltd has filed a petition with the National Company Law Tribunal (NCLT) seeking to restore an earlier insolvency plea under Section 9 of the Insolvency & Bankruptcy Code. Nona Lifestyle claims Zomato owes ₹1.64 crore, including interest, due to delayed payments and incomplete delivery, a…
One of New Zealand’s largest cherry growers, Cherri Global, has gone into liquidation, according to reporting from Farmers Weekly. According to the publication, Cherri Global, including its subsidiary companies Cherri Holdings and Cherri Machinery, was placed in liquidation on 8 March through a special resolution of shareholders. Janet Sprosen and Stephen White of PwC New…
According to their first report, Libelle’s cash reserves were “exhausted” and it was no longer able to purchase essential goods and services to enable ongoing trading after paying employee wages on March 6. “We understand that the director, after taking advice and considering alternative options, resolved to appoint liquidators by reason of the company’s liabilities…
Dr. Lal PathLabs Consolidates Operations with Subsidiary Liquidation TipRanks Read the original article here
Insolvency-related activity in Dorset and the South East rose by more than 23 per cent last month. The increase was reported by R3, the UK’s insolvency and restructuring trade body, which analysed data from Creditsafe. The data revealed a rise in insolvency-related activities from 172 in January to 212 in February. These figures include administrator…
ERROR: The request could not be satisfied The request could not be satisfied. Request blocked. We can’t connect to the server for this app or website at this time. There might be too much traffic or a configuration error. Try again later, or contact the app or website owner. If you provide content to customers…
IMF conditionally ‘agrees’ to circular debt management plan – Daily Times We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy Read the original…