Scott lost his son. Then his business became insolvent – The Canberra Times
Scott lost his son. Then his business became insolvent The Canberra Times Read the original article here
Pep Guardiola: Man City boss says 40-man squads needed to cope with schedule but clubs would go bankrupt | Football News
Manchester City manager Pep Guardiola believes 40-man squads could be the only way to cope with the demands of the football calendar but says it would drive clubs to bankruptcy. City are one of many sides, including Tottenham and Arsenal, to have been dogged by injuries this season, with defender Manuel Akanji the latest player…
Provisional liquidators appointed to medical firm which is allegedly owed €1.2m by HSE
Provisional liquidators have been appointed to a Co Cork-based medical supplies company that alleges it is owed €1.2 million by the HSE. PMD Device Solutions Ltd petitioned the High Court for the appointment on Friday, acknowledging that it is “clearly insolvent”, with over €14.6 million in liabilities set against €4.6 million in assets. The company,…
NCLT Admits Insolvency Petition Against Mumbai’s Hellios Tubealloys Pvt Ltd, Initiates Resolution Process
The National Company Law Tribunal (NCLT), has admitted insolvency claim against M/s Hellios Tubealloys Pvt, a mumbai based firm, who had availed financial assistance from Bank of Baroda (BOB), securing a term loan of Rs 3.66 crore and additional credit facilities amounting to Rs 30.05 crore. Hellios Tubealloys Pvt. Ltd. was engaged in the manufacturing and export…
KTM Reportedly Changes Mind, Wants To Repay Creditors At Once, Not Over Time
It’s already the middle of February, and if you’ve been following the KTM insolvency saga, then the name of this month may just ring a bell for you. Why? Because February 25th is the deadline for any KTM restructuring plan to officially be approved by its creditors. Preliminary hearings have so far allowed KTM to…
NCLT approves JSW bids for KSK Mahanadi Power Company Limited, ET LegalWorld
National Company Law Tribunal, Hyderabad has approved JSW Energy Limited‘s ₹ 16,084 crore Resolution Plan for KSK Mahanadi Power Company Limited, a Chhattisgarh-based thermal power company. JSW Energy Limited submitted the resolution plan under the Corporate Insolvency Resolution Process of KSK Mahanadi Power Company Limited. “Pursuant to the Challenge Process undertaken by the Resolution Professional…
Elon Musk flags concern over…, says Trump govt must…
Home News ‘America will go bankrupt if…’: Elon Musk flags concern over…, says Trump govt must… Elon Musk raised the issue of the country’s gigantic budget deficit, which has surged to over USD 1.8 trillion in the last financial year. POTUS Donald Trump and Elon Musk in the Oval Office during a discussion of DOGE’s…
Sydney Fish Market faces insolvency amid billion-dollar Pyrmont development
“We have no reason to believe this will change in the foreseeable future,” the statement said. “It is taking longer than anticipated to finalise our financial results due to extenuating circumstances related to the once-in-a-generation transition to the new Sydney Fish Market. We are finalising the accounts with the appropriate level of due diligence, and…
Company claiming to market adult films shut down for suspected direct debit scam
A business which claimed to sell adult films has been shut down following concerns it was being used as a direct debit scam. Drawntear Ltd was wound-up at a hearing of the High Court in Manchester. The company, which said it was based in Hull before moving its registered office address to Kings Langley in…
Insolvency: Renault’s H2 subsidiary Hyvia fights to stay afloat – www.electrive.com
Insolvency: Renault’s H2 subsidiary Hyvia fights to stay afloat www.electrive.com Read the original article here