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Videocon Industries reports Q1FY25 loss of ₹22,398.35 million scanx.trade Read the original article here
A deck version of this summary is also available HERE. Business Description Headquartered in Pieta, Malta, GoldenPeaks Poland Holding Limited (“Debtor TopCo”), along with its Debtor⁽¹⁾ and non-Debtor affiliates (collectively, “GoldenPeaks” or the “Company”), is the holding company for the Polish solar photovoltaic (“PV”) and battery energy storage (“BESS”) business of GoldenPeaks Capital (“GPC”), a…
Housing loan, family expenses leave man unable to pay Dhs4.37m, court declares him insolvent Gulf Today Read the original article here
The Economic Court of Minsk has declared JSC Belorussky Sputnik bankrupt and opened liquidation proceedings against the company. A notice to that effect was published in the Unified State Register of Bankruptcy Information. The court’s decision was issued on May 20. Representatives of Belorussky Sputnik did not participate in the hearing. The bankruptcy claim was…
However, although the bankruptcy court did not require it, fellow Texas producers Golden Harvest Farms, LLC and Elm Creek Commodities, LLC also submitted evidence to the court to support the claims made by Elliott AGCO and Kyle Miller. All four farms submitted copies of emails, text messages and phone calls they exchanged with Hansen-Mueller representatives…
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:…