NEW DELHI: The Enforcement Directorate (ED) on Tuesday raids 17 premises in Mumbai, Khandala and New Delhi as part of a money laundering investigation into alleged irregularities in a corporate insolvency resolution process, said the agency adding that an asset reconstruction company suspected of colluding with Yes Bank officials to fraudulently seize stressed assets. The…
F & P discusses OMT and policies on debt management Hot Springs Village Voice Read the original article here
The survey found the median amount owed to an energy supplier was £750 (PA) (PA Wire) A third of UK adults are currently in debt to their energy firm or worried about falling behind ahead of a 13% jump in the price cap from July, a survey suggests. The figure rises to 45% of parents…
RECEIVERSHIP SALES, INVESTMENT AND SOLICIATION PROCESS IGY IMMUNE TECHNOLOGIES & LIFE SCIENCES INC., IGY LIFE SCIENCES MANUFACTURING INC., AND IGY LIFE SCIENCES USA, INC. On April 17, 2026, pursuant to an Order of the Court of King’s Bench of Alberta (the “Court”), Alvarez & Marsal Canada Inc. was appointed as receiver and manager (the “Receiver”)…
Bracknell IT company goes into liquidation Bracknell News Read the original article here
Bally’s Acquisition to Ease Evoke’s Debt Challenges Credit rating agency Moody’s Investors Service has described Bally’s Intralot’s planned purchase of Evoke Plc as a favorable development for the financially pressured company. The acquisition aims to lessen refinancing difficulties and enhance liquidity once completed. Details of the Bally’s and Evoke Deal The…
Moody’s Investors Service has labelled the proposed purchase of Evoke Plc by Bally’s Intralot a positive development for the struggling operator, saying the deal would ease refinancing pressure and improve liquidity conditions post-acquisition. Moody’s Highlights Debt Relief in Bally’s–Evoke Transaction The deal is worth around £243 million ($325 million) and will see Bally’s Intralot acquire…
The Chandigarh Bench of the National Company Law Tribunal (NCLT) on 11 June admitted a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Kokila Mining Pvt. Ltd. and initiated the Corporate Insolvency Resolution Process against Tycoons Industries Pvt. Ltd.. Judicial Member Khetrabasi Biswal and Technical Member Shishir Agarwal appointed Neehal…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
A registered building control approver (RBCA) went into liquidation last week owing more than £1m to creditors. Corporate Approved Inspectors Ltd (CAI) filed for voluntary liquidation on 9 June, hours after Construction News revealed it had told the Building Safety Regulator (BSR) that its operations could not continue. Papers published by insolvency specialists Campbell Crossley…