Flipkart has rejected the above claims, as it thinks this matter does not come under any insolvency process at all. According to Flipkart, there is an ongoing dispute between the two over the applicant’s allegations. Legal experts, who raise these concerns, say that insolvency cases cannot be used to recoup dues by anyone, especially when…
Two more companies have been shut down as the Insolvency Service continues its campaign against unregulated firms exploiting the Companies House register to give more than 12,000 overseas clients a false UK business presence UK Sinosia Business Limited and Longshine Overseas Limited registered more than 4,300 UK companies for predominantly China-based clients, diverting all fees…
MTN Nigeria CEO Karl Toriola says the telecom giant was effectively bankrupt before the tariff increase, revealing the company struggled to pay diesel, rent and software bills. Lagos themed ‘Data on Trial’ … Read the original article here
Imagine you are at the airport, luggage already delivered, coffee in hand, and you check the board for the umpteenth time. Your flight does not appear. It is not delayed, it has not been moved to Gate B. It’s simply not there. Then the notification arrives on your phone and the almost sensational news breaks:…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
norman lebrecht June 09, 2026 The National Symphony Orchestra has yet to receive its budget for next season, which starts in September. That suggests the Kennedy Center is walking a tightrope of fiscal and structural uncertainty. It is not yet clear if and when the institution will shut for refurbishment. A curator who stayed on…
The Chandigarh Bench of the National Company Law Tribunal (NCLT) has issued notice to Gridlogic Games Private Limited on an insolvency application filed by PhonePe Limited over alleged unpaid dues of ₹3.93 crore for promotional services rendered on its platform. The order was passed by Judicial Member K. Biswal and Technical Member K.K. Singh. While…
REVEALED: Latest business liquidations in Moreland Herald Sun Read the original article here
EXCLUSIVE: Elysian Film Group Distribution Limited, the distribution arm of Danny Perkins‘ UK film company, is being liquidated. Elysian Film Group Distribution, which launched in 2020 with backing from CAA, is now the subject of a formal insolvency process. Perkins’ production company, Elysian Film Group, will continue trading. FRP Advisory, a financial advisory firm, has…
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