A Scottish motorsport company has been placed into liquidation. The East Lothian-registered business ceased trading after a loss of funding ahead of the racing season. The company “operated in the motorsport sector” and was founded by Michael Johnston, who was the only director of the business. The nature of the business was described in a…
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JetBlue Founder Warns The Airline May Go Bankrupt This Year — And Says Nobody Will Buy It View from the Wing Read the original article here
New Delhi: India plans to set up a special bench of the National Company Law Tribunal (NCLT) with trained manpower to handle cross-border insolvency cases once the new bankruptcy rules are notified, to fast-track proceedings, people aware of the matter said.The cross-border framework, approved last month as part of amendments to the Insolvency and Bankruptcy…
Ballarpur Industries Limited (BILT), one of India’s oldest paper manufacturers which emerged from a three-year long corporate insolvency resolution plan, is set for a turn around. The new management under Finquest Financial Solutions Private Limited has demonstrated its commitment to turning around the company through substantial capital infusion. According to the annual report of the…
‘Really?’: Bernie Sanders rips Trump’s DoorDash stunt as families ‘go bankrupt’ MSN Read the original article here
Speedway team’s company collapses into liquidation Swindon Advertiser Read the original article here
Appliance supplier and installer Merchant City Distributors Limited directors appointed administrators as “the only option”. The company was based in the Kelvin Industrial Estate in the South Lanarkshire town. James Stephen and Ben Peterson of BDO were appointed as joint administrators of Merchant City Distributors Limited. The firm was a supplier, distributor and installer of gas and electrical products for a quarter…
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Jaiprakash Gaur Backs Adani Group’s Selection as Successful Bidder for Jaiprakash Associates Assets Oneindia Read the original article here