The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted Reliance Entertainment Studios Private Limited into the insolvency process over a payment default of ₹11.94 crore arising from financing for the film Auron Mein Kahan Dum Tha. In an order dated August 19, a bench comprising judicial member Nilesh Sharma…
Lukoil’s Petrotel Refinery Set for Insolvency to Save Plant The Romania Journal Read the original article here
The Finnish cooperative Närpes Grönsaker has purchased the tomato brand NAMS. The new owners intend to preserve and further develop the nationally known brand. Production, packaging, and marketing of tomatoes will continue in both Närpes and Pori. The NAMS brand was previously…
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Former waste firm boss banned as director after transferring assets worth millions to connected companies as NHS contracts collapsed GOV.UK Read the original article here
From Channel 4 Stardom to Bankruptcy: The £200,000 Debt Destroying a TV Wedding Dream streamlinefeed.co.ke Read the original article here
After years of severe financial distress, South African telecommunications operator Cell C has officially exited technical insolvency. Driven by a major balance sheet restructuring, the company successfully transitioned its equity position from deeply negative to positive during its 2026 financial year. This milestone marks a critical turning point for the network operator, whose liabilities had…
© ShutterstockProfessional / Shutterstock.com If you’ve been seeing headlines about Social Security potentially going bankrupt, it’s natural to feel concerned about your retirement income. But while Social Security is facing a big financial crisis, one thing’s for sure: the program is not about to go bankrupt. In fact, the nature of how Social Security is…