Hudson’s Bay Announces a Revised Liquidation Timeline – Business Wire
Hudson’s Bay Announces a Revised Liquidation Timeline Business Wire Read the original article here
Wenzel’s the Bakers facing HMRC winding-up petition
Wenzel’s the Bakers is in jeopardy after HMRC launched a winding-up petition against the company, potentially forcing it into liquidation. A winding-up petition can be issued to take a company to court if it cannot pay its debts and, if successful, company assets can be sold to pay creditors – also known as compulsory liquidation. The…
Wealthy nations owe climate debt to Africa – funds that could help cities grow
Wealthy nations fuelled their industrial growth and urbanisation by burning fossil fuels. This was the biggest cause of climate change, which now affects every country in the world, even developing countries in sub-Saharan Africa which are responsible for less than 4% of global greenhouse gas emissions. Wealthy nations owe a climate debt. Africa is urbanising…
Ola Electric Reaches Settlement, Rosmerta Group Withdraws Insolvency Pleas
Ola Electric Technologies Private Limited reached a financial settlement with the Rosmerta Group, leading to the withdrawal of insolvency petitions previously filed against the company. The resolution was confirmed in a regulatory filing on Tuesday. The dispute originated when Rosmerta Digital Services and Rosmerta Safety Systems filed insolvency petitions against Ola Electric Technologies, citing unpaid…
DNA Tester 23andMe Files Bankruptcy to Sell Firm, CEO Quits – MSN
DNA Tester 23andMe Files Bankruptcy to Sell Firm, CEO Quits MSN Read the original article here
Ola Electric settles dues with vehicle registration agency Rosmerta Group; insolvency pleas withdrawn
Ola Electric Technologies Private Limited, a subsidiary of Ola Electric Mobility Limited, has settled its financial dispute with the vehicle registration agency Rosmerta Group, leading to the withdrawal of insolvency petitions filed against it. The company confirmed the resolution in a regulatory filing on Tuesday, stating that all outstanding payments have been cleared. “We wish…
California man with $170K in tax debt mulls bankruptcy after buying pre-IPO shares. Here are 3 options to help him pay off his debt – MSN
California man with $170K in tax debt mulls bankruptcy after buying pre-IPO shares. Here are 3 options to help him pay off his debt MSN Read the original article here
Australian Federal Budget 2025-26: Australia’s 2025-26 Budget: Tax cuts, student debt relief and housing — All you need to know
This is an AI-generated image, used for representational purposes only. (Picture credit: DALL-E) The Australian government has unveiled its 2025-26 federal budget, focusing on cost-of-living relief, tax cuts, and support for households, students and businesses.With a general election approaching, Australia’s treasurer Jim Chalmers introduced several measures aimed at easing financial pressure on Australians while addressing…
Aakash Educational Services seeks investigation into Byju’s insolvency proceedings
Aakash Educational Services (AESL), backed by billionaire Ranjan Pai, has filed a petition with the National Company Law Tribunal (NCLT). AESL is requesting an investigation into potential issues within the insolvency resolution process of Think & Learn, Byju’s parent company. The education company wants the tribunal to instruct the Insolvency and Bankruptcy Board of India…
Eamonn McManus: Unless things change…clubs will go bankrupt! – Sky Sports
Eamonn McManus: Unless things change…clubs will go bankrupt! Sky Sports Read the original article here