NCLT rejects insolvency plea against auto dealer, says IBC cannot be used as debt recovery tool Kochi, The Kochi bench of the National Company Law Tribunal (NCLT) has dismissed an insolvency petition against a Kerala-based auto dealer, ruling that the Insolvency and Bankruptcy Code (IBC) cannot be used as a mechanism to recover private debts.…
Global Vision International (GVI) offered programmes including nature and conservation trips, including locations such as Costa Rica, Fiji and more. However, the company has shut down after 28 years in business and is due to enter liquidation. All holidays cancelled as Global Vision International enters liquidation GVI, which is based in Exeter, is now set…
Global Vision International (GVI) offered programmes including nature and conservation trips, including locations such as Costa Rica, Fiji and more. However, the company has shut down after 28 years in business and is due to enter liquidation. All holidays cancelled as Global Vision International enters liquidation GVI, which is based in Exeter, is now set…
Access Denied You don’t have permission to access “http://www.business-standard.com/companies/news/ola-electric-faces-insolvency-pleas-from-2-suppliers-over-unpaid-dues-126070601167_1.html” on this server. Reference #18.8ef23717.1783350613.12bb3324 https://errors.edgesuite.net/18.8ef23717.1783350613.12bb3324 Read the original article here
Global Vision International (GVI) offered programmes including nature and conservation trips, including locations such as Costa Rica, Fiji and more. However, the company has shut down after 28 years in business and is due to enter liquidation. All holidays cancelled as Global Vision International enters liquidation GVI, which is based in Exeter, is now set…
Two suppliers have filed insolvency petitions against an Ola Electric subsidiary over alleged ₹40 crore payment defaults. The company is contesting these claims, citing a prior legal suit regarding quality standards. This development comes as the company works to improve its operational performance and narrow net losses. Electric two-wheeler manufacturer Ola Electric is currently navigating…
The Kochi bench of the National Company Law Tribunal (NCLT) has dismissed an insolvency petition against a Kerala-based auto dealer, ruling that the Insolvency and Bankruptcy Code (IBC) cannot be used as a mechanism to recover private debts. The petition was filed by eight financial creditors against NCS Autocars Pvt Ltd in Pathanamthitta district, who…
Ola Electric has described the matter as a commercial dispute, saying it had already initiated legal action against the suppliers over alleged quality issues with the components. Electric two-wheeler maker Ola Electric is facing fresh insolvency proceedings after two of its component suppliers moved the National Company Law Tribunal (NCLT), alleging payment defaults of around…
Builder jailed after taking money from homeowners while company was insolvent TheBusinessDesk.com Read the original article here
Local, Politics, Police, | By Correspondent July 6, 2026 WILLEMSTAD – MFK Member of Parliament and former Minister of Finance Javier Silvania is proposing the creation of a ANG 2 million social fund to help police officers facing severe financial hardship, arguing that investing in their financial stability is essential to maintaining the…