Arctic Canadian Diamond Company Ltd. files for CCAA

CALGARY, Alberta, May 01, 2026 (GLOBE NEWSWIRE) — Burgundy Diamond Mines Limited (ASX:BDM) (Burgundy or the Company) advises that its subsidiary, Arctic Canadian Diamond Company Ltd. (“ACDC”) has filed for insolvency protection under the Companies’ Creditors Arrangement Act (“CCAA”). Incorporated in British Columbia, ACDC has obtained an order from the Supreme Court of British Colombia (the…

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Siti Networks Loses Large Corporate Status Amid Insolvency

₹1,206.03 crore in defaulted loans; insolvency process initiated February 22, 2023.Reader Takeaway: Operations continue under the Insolvency Resolution Professional (IRP), but Supreme Court appeals create significant risk. Today’s Filing Siti Networks has officially informed the BSE and NSE that it does not meet the criteria to be classified as a ‘Large Corporate’ under SEBI’s listing…