New Delhi: Prime Focus has informed stock exchanges that the Mumbai Bench of the National Company Law Tribunal (NCLT) has orally pronounced the admission of an insolvency petition filed by Reliance Alpha Services Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. According to the filing dated May 7, 2026, the petition…
REVEALED: Latest business liquidations in Moreton Bay The Courier Mail Read the original article here
Documents show liquidators were appointed to the Floor Studio (Scotland) Limited, of Wards Road. The notice dated May 5 shows Stuart Robb, of Robb Advisory, appointed as liquidator. Liquidators to Scottish carpet and rug company. (Image: Getty Images) The company is listed as a carpet and rug retailer and Companies House records from 2024 show 10 staff. At…
The proceedings mark a significant reversal for Aescape, an AI-powered robotic massage company affiliated with Tom Brady and whose beds have been placed inside luxury gyms The original Aescape corporate entity is winding down after substantially all of the company’s assets were sold earlier this year through a foreclosure process. According to creditor documents, Aescape…
The same administrators who were appointed to rescue Copia Kenya have now filed an insolvency petition against the e-commerce platform, a rare twist in a case that reveals the breakdown of efforts to revive the once-buzzy startup. Anthony Makenzi Muthusi and Julius Ngonga of KPMG filed the petition at the Commercial and Admiralty Division of…
NCLT Mumbai Bench Admits Insolvency Petition Against Prime Focus; Company Files Appeal Before NCLAT scanx.trade Read the original article here
An Iconic Fruit Company Went Bankrupt. Now, It’s Chopping Down 420,000 Trees inc.com Read the original article here
Prime Focus has moved the National Company Law Appellate Tribunal (NCLAT) seeking urgent relief after the National Company Law Tribunal (NCLT), Mumbai Bench, orally pronounced admission of an insolvency petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) by Reliance Alpha Services Private Limited. In a regulatory filing to BSE and NSE…
Prime Focus Ltd, part of the media & entertainment industry, on Thursday informed exchanges that the National Company Law Tribunal (NCLT), Mumbai Bench, admitted a petition filed by Reliance Alpha Services Pvt Ltd, alleging debt of around Rs 353.79 crore. “Pursuant to Regulation 30 read with Schedule III, Part A of the SEBI (Listing Obligations…
The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a petition against Prime Focus Limited under Section 7 of the Insolvency and Bankruptcy Code over an alleged financial debt of ₹353.79 crore, according to a company filing. The petition was filed by Reliance Alpha Services Private Limited, which has claimed the debt, including interest,…