In a setback to Videocon founder Venugopal Dhoot, the National Company Law Appellate Tribunal (NCLAT) on Thursday rejected his request to include the group’s Brazilian and Indonesian oil and gas assets in the ongoing insolvency proceedings of Videocon Industries and its 12 affiliates. A bench led by Justice Yogesh Khanna upheld the lenders’ stand that…
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The Aberdeen based workwear maker has now ceased trading (Image: Getty) A long-established Scottish clothing manufacturer has gone into liquidation after over 40 years of trading, resulting in the loss of all remaining jobs. North East Rig Out (Aberdeen) Limited made workwear, school uniforms and bespoke protective clothing to customers across a wide range of…
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OpenTheBooks CEO John Hart joins ‘Varney & Co.’ to discuss long-term Social Security and Medicare deficits as fiscal pressures mount. Americans are rethinking when to retire and claim Social Security as longer lifespans collide with uncertainty over the program’s future. Social Security could reach insolvency by late 2032 or early 2033, potentially triggering automatic benefit…
NCLT permits withdrawal of insolvency proceedings against Nobility Estates after settlement with creditors. Read more about the case. New Delhi, May 14 (PTI) The National Company Law Tribunal has allowed withdrawal of insolvency proceedings against Nobility Estates, developer of the luxury housing project ‘Le Grandiose’ in Noida, following a settlement between financial creditors and the…
The National Company Law Tribunal (NCLT) has approved the withdrawal of insolvency proceedings against the real estate developer Nobility Estates, recognized for its luxury housing project ‘Le Grandiose’ in Noida. The withdrawal follows a settlement between financial creditors and the former management. A section 12A application, filed by the resolution professional of Nobility Estates, sought…
UK pub firm collapses into liquidation – £500k of debts MSN Read the original article here
SREI Infra, INE872A01014 14.05.2026 – 11:26:40 | ad-hoc-news.de SREI Infrastructure Finance, a major Indian road and highway developer, entered corporate insolvency resolution on May 13, 2026, marking a significant setback for the infrastructure finance sector in India. SREI Infra, INE872A01014 …
Green hydrogen developer Liquid Wind puts itself up for sale after declaring bankruptcy Hydrogen Insight Read the original article here