The National Company Law Tribunal (NCLT) in New Delhi issued a notice to the troubled coaching institute FIITJEE today, Friday, May 16, in response to a corporate bankruptcy petition submitted by its former employee Vinod Kumar Agarwal, who claimed unpaid dues totalling over Rs 2.6 crore. A bench of NCLT members, including Judicial Member Mahendra…
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MediPharm is Dangerously Low On Cash and is On Track to Run Out of Money by November Unless Wholesale Change Occurs MediPharm Lost Over $3.3 Million in Q1 2025 While Management Offered No Clear Plan to Achieve Profitability or Commitment to Reduce Waste or Excessive Spending Apollo Capital Warns Shareholders Not to Be Misled by…
Almost 4,000 people are still due a refund for debt relief order applications they paid for but did not submit The Insolvency Service has written to those due a refund and £65,000 has already been reimbursed since March Refunds worth a total of £500,000 are still available going back to 2016 for those who did…
Nine Nigerian startups have benefitted from over $3 million debt funding facilities from the premier accelerator for mid-stage Nigerian entrepreneurs, Cascador. The funds are to support the receivers in operations and reposition them for global competitiveness. The awardees, who received the fund after presentation of their pitches and being judged industry leaders include Crop2Cash, Oriki,…
Ohio bill aims to help residents pay off their medical debt nbc4i.com Read the original article here
TikTok fundraising lets Edwardsville teacher pay off lunch debt The Edwardsville Intelligencer Read the original article here
Marin Software Delays 10-Q Amid Liquidation Plans TipRanks Read the original article here
Last Updated:May 16, 2025, 17:14 IST Vodafone Idea has said it may be compelled to approach the National Company Law Tribunal (NCLT) for insolvency proceedings if additional help is not extended, says a report. Vodafone Idea also flagged the potential risk to the government’s 49% equity stake in the company. (Reuters File Image) Struggling telecom…
Liquidators have been appointed for Readie Management Limited (RML), the parent company of collapsed contractor Readie Construction. Jacob Beake and Gavin Savage of Begbies Traynor were named in a document filed on the Companies House website yesterday (15 May). Travelers Insurance Company had filed a winding-up petition in the High Court against RML, and in…