An Iconic Fruit Company Went Bankrupt. Now, It’s Chopping Down 420,000 Trees – inc.com
An Iconic Fruit Company Went Bankrupt. Now, It’s Chopping Down 420,000 Trees inc.com Read the original article here
Prime Focus moves NCLAT after NCLT admits insolvency plea over alleged Rs 353.79 cr debt, ETBrandEquity
Prime Focus has moved the National Company Law Appellate Tribunal (NCLAT) seeking urgent relief after the National Company Law Tribunal (NCLT), Mumbai Bench, orally pronounced admission of an insolvency petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) by Reliance Alpha Services Private Limited. In a regulatory filing to BSE and NSE…
NCLT Mumbai admits insolvency plea against Prime Focus; stock zooms 215% in a year
Prime Focus Ltd, part of the media & entertainment industry, on Thursday informed exchanges that the National Company Law Tribunal (NCLT), Mumbai Bench, admitted a petition filed by Reliance Alpha Services Pvt Ltd, alleging debt of around Rs 353.79 crore. “Pursuant to Regulation 30 read with Schedule III, Part A of the SEBI (Listing Obligations…
NCLT admits insolvency plea against Prime Focus over ₹353.79 crore debt; company moves NCLAT
The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a petition against Prime Focus Limited under Section 7 of the Insolvency and Bankruptcy Code over an alleged financial debt of ₹353.79 crore, according to a company filing. The petition was filed by Reliance Alpha Services Private Limited, which has claimed the debt, including interest,…
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Jaiprakash Associates Discloses Loan Default for April 2026 with Outstanding Borrowings of INR 55,357.39 Crores – scanx.trade
Jaiprakash Associates Discloses Loan Default for April 2026 with Outstanding Borrowings of INR 55,357.39 Crores scanx.trade Read the original article here
VanMoof declared bankrupt – e-bikes remain functional for now but repairs will not be carried out – Cycling News | electric bike reviews, buying advice and news
VanMoof declared bankrupt – e-bikes remain functional for now but repairs will not be carried out – Cycling News | electric bike reviews, buying advice and news – ebiketips Skip to content Read the original article here
Four-year ban for director at companies linked to fraudulent scheme
A director of two companies which supported a scheme allowing business owners to keep their assets while dropping their debts has been disqualified. Suzanne Harley-Davies failed to exercise control of the affairs of Namare GRP Ltd and TPG GRP Limited during 2023 and 2024. She also failed to ensure that the companies operated for legitimate corporate…
Time Is Still the Enemy: NCLT Capacity and the Unfinished Business of Insolvency Reform – BW Legal World
Time Is Still the Enemy: NCLT Capacity and the Unfinished Business of Insolvency Reform BW Legal World Read the original article here
Morrow Batteries goes bankrupt
The same applies to Morrow Technologies AS and Morrow Industrialization Center AS, the company states in a press release. Morrow’s battery factory in Arendal, Norway, opened in August 2024. Chairwoman Ann Christin Andersen says that the company’s journey proved far more challenging than expected. Efforts were made to secure funding, but these were unsuccessful. “We…