A whistleblower has alleged that accounting firm Earns & Young (EY) had manipulated edtech firm BYJU’s CIRP process. However, the most alarming revelation by the whistleblower is how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency. The whistleblower said that EY deliberately delayed BYJU’s CIRP process behind the scenes. EY did not…
Stockholm, Sweden, 12 March 2025 – Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the company, the Board of Directors of Northvolt AB today announced that it has filed for bankruptcy in Sweden. Like many companies in the battery sector, Northvolt has experienced a series…
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Byju’s US lender asks NCLAT to bar Aakash from amending articles of association Mint Read the original article here
13 FIREFIGHTERS DECLARED BANKRUPT TAKEN DISCIPLINARY ACTION BERNAMA Read the original article here
The National Company Law Tribunal (NCLT), Allahabad Bench, has ruled that the ongoing insolvency resolution process for Jaiprakash Associates Limited (JAL) must proceed under a single resolution plan for the entire company, rejecting a previous option that allowed bids for individual business clusters. The ruling, pronounced on March 6, 2025, came in response to an…
Another UK tour operator declares insolvency as an ATOL holder Money-Tourism.gr Read the original article here
13 firefighters declared bankrupt taken disciplinary action The Malaysian Reserve Read the original article here
Several factors led them to be declared bankrupt, mostly for becoming guarantors to loan borrowers. Malaysian Fire and Rescue Department director-general Datuk Nor Hisham Mohammad (centre) presenting the Fire Service Medal, the 2024 Excellent Service Award and the 30-Year Service Certificate. – Photo by Bernama ALOR SETAR – The Malaysian Fire and Rescue Department has…
ALOR SETAR: The Malaysian Fire and Rescue Department has taken disciplinary action against 13 of its firefighters who have been declared bankrupt since 2020. Its director-general, Datuk Nor Hisham Mohammad said several factors led them to be declared bankrupt, mostly for becoming guarantors to loan borrowers. “There is also one (staff) whose name is in…