NCLAT declines Raheja Developers” plea to close insolvency process against Raheja Shilas in Gurugram. Flat buyer issues unresolved. New Delhi, Apr 3 (PTI) The National Company Law Appellate Tribunal (NCLAT) has declined Raheja Developers’ plea to close the insolvency resolution process against its project Raheja Shilas in Gurugram, after observing that the issues with flat…
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The National Company Law Appellate Tribunal has ruled against closing the insolvency resolution process for Raheja Developers’ project, Raheja Shilas, in Gurugram. The tribunal highlighted unresolved issues with flat buyers as a blocking point in the proceedings. In its ruling, the NCLAT bench, led by Chairperson Justice Ashok Bhushan, remarked that the closure plea…
One of the largest cannabis firms in Maryland seeks bankruptcy protection The Business Journals Read the original article here
Entertainment Bella Shmurda Quick Read Nigerian Afrobeats singer Abiola Ahmed Akinbiyi, popularly known as Bella Shmurda, has opened up on nearly going bankrupt after fame… … Read the original article here
The owner of the iconic Penfolds wine is facing “elevated risk” of bankruptcy after it posted an eye-watering $650 million loss and questions grow over its controversial $1.3 billion bet on a luxury California vineyard. Plato Global Alpha Fund, a $3.4 billion Sydney-based investment manager, this week warned the embattled Treasury Wine Estates (TWE) could…
Medigene AG shares hit a historic low of €0.024, erasing nearly all market value amid ongoing bankruptcy proceedings and a lack of communication on asset sales. The stock of German biotech firm Medigene AG experienced a dramatic single-day collapse, shedding nearly a quarter of its value. This plunge, which saw shares trading for mere cents,…
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Afrobeats singer, Bella Shmurda has revealed that he nearly went bankrupt due to an extravagant lifestyle. Speaking in an interview with YouTuber Korty EO, Shmurda said accommodating and sponsoring his friends’ lavish lifestyles also drained his resources. The music star said the experience made him change his approach to money management. “I used to have…
A billionaire Dubai-based jet tycoon is warning that global airlines could soon go bankrupt as the Iran war squashes travel demand and sends jet fuel prices soaring worldwide. Avia Solutions Group Chairman Gediminas Ziemelis said he’s planning to shift a chunk of his business’ 145 jets from Europe to Asia and Brazil as the Middle…