Ola Electric settles dues with Rosmerta as creditor withdraws insolvency plea, ET Auto

“>Ola Electric attributed the registration discrepancy to a “temporary backlog” caused by ongoing negotiations with vendors handling vehicle registrations. Electric two-wheeler maker Ola Electric on Tuesday said it has settled all outstanding dues between its wholly owned subsidiary and creditor Rosmerta Group. In a stock exchange filing, the company noted that Rosmerta has filed to…

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Ola Electric shares in focus as company clears all dues with Rosmerta Group

Ola Electric shares is set to attract investor attention following a significant development with its creditor Rosmerta Group. The company has completely settled its outstanding dues, leading to the withdrawal of an insolvency petition. In an early morning exchange filing, Ola Electric Technologies announced that it has “amicably settled all outstanding dues” with Rosmerta Group.…

Ola Electric shares in focus as company clears all dues with Rosmerta Group

Ola Electric shares is set to attract investor attention following a significant development with its creditor Rosmerta Group. The company has completely settled its outstanding dues, leading to the withdrawal of an insolvency petition. In an early morning exchange filing, Ola Electric Technologies announced that it has “amicably settled all outstanding dues” with Rosmerta Group.…

Liquidation begins today for most Hudson’s Bay stores

Logo supplied by HBC Toronto – Canada’s oldest company will begin going-out-of-business proceedings for nearly all of its 80 Hudson’s Bay stores today. Hudson’s Bay Company ULC, the Canadian entity comprising the retailer Hudson’s Bay and TheBay.com, has been given permission by the temporarily permission by the Ontario Superior Court of Justice to exclude six…