New Delhi, The National Company Law Tribunal (NCLT) has dismissed the plea of grounded air carrier Jet Airways’ liquidator seeking a refund of Rs 500 crore from global aerospace manufacturer Boeing, observing that the matter involves a contractual dispute. A two-member Mumbai bench of NCLT said there was a contractual dispute over the pre-delivery/advance payments,…
The National Company Law Tribunal (NCLT) Mumbai Bench has ordered liquidation of Mudra Denim Pvt. Ltd. after resolution plans submitted during the Corporate InsolvencyResolution Process (CIRP) were rejected as non-responsive for failure to comply with the prescribed Request for Resolution Plan (RFRP) conditions. The order has been passed by the Bench consisting of (Judicial Members)…
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GFM Animation is a London-based production company that says it creates animated films and series for family audiences worldwide. A notice in the public record on September 14 said the High Court had issued the order. It instructs a company to end its business affairs and close. What happens when a company goes into Liquidation?…
Summit Brewing Co. faces insolvency risk as lender seeks court-appointed receiver The Business Journals Read the original article here
Speciality Steel UK, which has sites in Sheffield and Rotherham, collapsed last year Author: George Thompson and Will Meakin-Durrant, PAPublished 18 minutes ago The Government is developing a plan for the “public acquisition” of the UK’s third-largest steelworks. Business Secretary Jonathan Reynolds told the Commons on Monday that ministers were engaging with the sale process…
Speciality Steel UK, which has sites in Sheffield and Rotherham, collapsed last year Author: George Thompson and Will Meakin-Durrant, PAPublished 12 minutes ago The Government is developing a plan for the “public acquisition” of the UK’s third-largest steelworks. Business Secretary Jonathan Reynolds told the Commons on Monday that ministers were engaging with the sale process…
The Audience Agency has announced that it has been put into voluntary liquidation. A statement from the company, which has provided advice on audiences and cultural policy to arts and heritage organisations for the past 14 years, said: “This decision follows sustained financial pressures and extensive efforts to identify a viable way forward. After exploring…
GFM Animation is a London-based production company that says it creates animated films and series for family audiences worldwide. A notice in the public record on September 14 said the High Court had issued the order. It instructs a company to end its business affairs and close. What happens when a company goes into Liquidation?…
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