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The, Final 31.03.2026 – 01:48:57 | boerse-global.de The corporate journey of Electra Private Equity, later Unbound Group, concludes as administrators finalize its dissolution following a failed digital pivot and insolvency. The Final Liquidation of Unbound Group – Foto: über boerse-global.de …
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The Lok Sabha on Monday passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, seeking to amend the Insolvency and Bankruptcy Code (IBC), 2016, to further streamline insolvency resolution processes and address gaps in the existing law. The Lower House had taken up the Bill, moved by Finance Minister Nirmala Sitharaman, for discussion on March…
The Bill, initially referred to a Select Committee, has been introduced to amend the Insolvency and Bankruptcy Code 2016. The Amendment seeks to reduce delays, maximise value for all stakeholders, and introduce new provisions that follow global best practices for resolving insolvency. New Creditor-Initiated Insolvency Resolution Process (CIIRP): This replaces the largely underutilised “fast-track” process…
Vedanta Limited’s stock climbs 4% after appealing against Adani Group’s insolvency plan for Jaiprakash Associates in India’s Supreme Court. Mining firm Vedanta Limited has experienced a notable surge in its share price, rising 4% to ₹666 per share on the National Stock Exchange. This increase came in the wake of the company’s decision to challenge…
Vatika’s ‘Aspirations’ project affected, interest unpaid The tribunal clarified that only Vatika’s Aspirations project is involved in these proceedings—not the whole company or its other projects. Plus, the debt was just about unpaid interest, not the principal amount. A Vatika spokesperson said this decision lets them focus on their core projects and keep delivering for…
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Applebee’s restaurant closures: See the list of doomed locations after a major franchisee went bankrupt Fast Company Read the original article here
Your favorite spot for slow-cooked riblets might be cooked. Most Read from Fast Company A number of Applebee’s Neighborhood Grill + Bar restaurants have closed their doors in the wake of mounting financial distress and declining foot traffic, according to a recent bankruptcy filing. The 10 shuttered stores, located in Florida and Georgia, are all…