The Ahmedabad bench of the NCLT has approved the Rs 48.17 crore resolution plan by Mercury Terra Firma for corporate debtor Shree Rajeshwaranand Paper Mills, an Ahmedabad-based BSE-listed manufacturer of paper and paper products. The resolution plan was earlier approved by the Committee of Creditors (CoC) with 97.36% vote share. The liquidation value of the…
Another part of big four consulting firm PwC could soon have a new home. Street Talk understands that the insolvency arm of PwC’s deals practice, known as Business Restructuring Services, is on the cusp of being sold to public relations and advisory company Teneo in a deal brokered by the big four firm’s veteran dealmaker…
Trumponomics a trigger for insolvencies The Cairns Post Read the original article here
02.12.2024 UK rental company Elev8 Access Platforms has entered into insolvency protection/ Administration following a tough period of trading. In its 2023 accounts it has total assets of £ £7.4 million but hardly any tangible net worth and a £1.5 million hole in terms of working capital. It has been struggling to keep on top…
How Sonoma Valley real estate investor Ken Mattson could be compelled into bankruptcy The Santa Rosa Press Democrat Read the original article here
Image Credit: Corbis via Getty Images Enron may have gone bankrupt two decades ago, but it never completely closed its doors. Now that the company is making headlines, finance enthusiasts are recalling the infamous 2001 scandal that destroyed Enron’s credibility. Learn all about what Enron’s executives did and the corporation’s downfall, below. What Is Enron?…
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Bankrupt e-bike firm Stella attempting restart in “slimmed down” form | NL Times Skip to main content Read the original article here
Telecompaper We have been keeping professionals in the telecoms industry up-to-date since 2000. Telecompaper is a well respected, independent research and publishing company focussed on the telecommunications industry. tp:news tp:research tp:events Read the original article here
IBC Weekly Round-Up [25th November To 1st December, 2024] Live Law – Indian Legal News Read the original article here