India's IREDA files bankruptcy case against Gensol Engineering amid fraud allegations – Reuters
India’s IREDA files bankruptcy case against Gensol Engineering amid fraud allegations Reuters Read the original article here
Ireda Files Insolvency Plea Against Gensol, ₹510 Crore Loan Not Repaid
Indian Renewable Energy Development Agency (Ireda), a government-owned financial agency, has filed for insolvency against Gensol Engineering | New Delhi: Indian Renewable Energy Development Agency (Ireda), a government-owned financial agency, has filed for insolvency against Gensol Engineering. This step comes after Gensol failed to repay a loan of ₹510 crore. The petition was filed under…
Hasan Nawaz’s bankruptcy ends with no charges brought against him
Hasan Nawaz Sharif, the son of PML-N President and former prime minister Nawaz Sharif. — Reporter Hasan Nawaz Sharif eligible to become company director again. Bankruptcy order was issued last year in case brought by creditors. He declared bankruptcy after being asked to pay £10m in taxes. LONDON: The United Kingdom (UK) government’s Revenue and Customs…
The papal call for debt relief that might not be needed – Financial Times
The papal call for debt relief that might not be needed Financial Times Read the original article here
St. Renatus biotech company files for bankruptcy – BizWest
With BizWest since 2012 and in Colorado since 1979, Dallas worked at the Longmont Times-Call, Colorado Springs Gazette, Denver Post and Public News Service. A Missouri native and Mizzou School of Journalism grad, Dallas started as a sports writer and outdoor columnist at the St. Charles (Mo.) Banner-News, then went to the St. Louis Post-Dispatch…
Gensol Engineering shares in focus today as IREDA files insolvency plea
The Indian Renewable Energy Development Agency (Ireda) has initiated legal action under Section 7 of the Insolvency and Bankruptcy Code against Gensol Engineering due to the company’s failure to repay a loan of Rs 510 crore. This was disclosed in a stock exchange announcement on Wednesday. If the National Company Law Tribunal accept the insolvency…
Turmoil for new maternity hospital as builder goes bust – The West Australian
Turmoil for new maternity hospital as builder goes bust The West Australian Read the original article here
Builder picked for new WA maternity hospital enters voluntary administration – MSN
Builder picked for new WA maternity hospital enters voluntary administration MSN Read the original article here
Global business insolvencies rising for fifth straight year – Allianz Trade
While some markets, including Australia, Singapore, and Japan, may see a moderation in insolvencies in 2025, other economies – such as Taiwan (8%), South Korea (3%), and Hong Kong (2%) – are expected to continue experiencing increases, primarily due to subdued trade demand and prolonged financial pressures. Read the original article here