KUALA LUMPUR, Aug 3 — The Selangor state assembly is expected to clarify this week whether an unnamed assemblyman has lost his seat after reportedly being declared bankrupt, Utusan Malaysia reported. Selangor Menteri Besar Datuk Seri Amirudin Shari said the matter would be determined by the state assembly Speaker, Lau Weng San, before the Election…
KUALA LUMPUR, Aug 3 — The Selangor state assembly is expected to clarify this week whether an unnamed assemblyman has lost his seat after reportedly being declared bankrupt, Utusan Malaysia reported. Selangor Menteri Besar Datuk Seri Amirudin Shari said the matter would be determined by the state assembly Speaker, Lau Weng San, before the Election…
The descendant of a once-leading tire and rubber company, Uniroyal Holding Inc., is winding up its operations, and its iconic brand name will soon disappear as a functioning entity. Uniroyal Holding Inc., which was a subsidiary of the former Uniroyal tire company, filed for Chapter 11 bankruptcy protection to satisfy all personal injury and wrongful…
Corporate Travel Management faces a blowout in the amount of money it will be forced to repay to overcharged customers as clients including the New Zealand government are still assessing the extent of the problem. Those reviews remain under way despite Corporate Travel, one of the country’s biggest travel management businesses, having less than a…
A number of major UK businesses have collapsed into administration in recent weeks. It has been a challenging time for many firms, with three more businesses adding to the growing list. UK business administrations surged by 41% in January this year, driven by high-street failures, rising wages, weaker consumer spending, and higher operating costs. Official…
Business 02 Aug, 2026 NCLAT rejects DoT’s 469-crore claim appeal in Rolta insolvency; upholds resolution plan Business To Business, New Delhi, 02 August, 2026: The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeal filed by the Department of Telecommunications against the resolution plan for debt-ridden Rolta India, ruling that the insolvency resolution plan…
NCLAT rejects DoT’s 469-crore claim appeal in Rolta insolvency; upholds resolution plan The Economic Times Read the original article here
Weekend Reading | After NVIDIA Nearly Went Bankrupt, Jensen Huang Learned the Most Important Lesson of Entrepreneurship 富途牛牛 Read the original article here
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A UK housebuilder has plunged into administration, leaving homes unfinished and debts of over £4 million. Scotland-based Hood Property Cardrona Limited collapsed and may now have to sell its land near Peebles in the Scottish Borders, The Herald reports. Administrators had to “forcibly gain entry” to the site for 20 homes, where offers have already…