NCLAT declines Raheja Developers” plea to close insolvency process against Raheja Shilas in Gurugram. Flat buyer issues unresolved. New Delhi, Apr 3 (PTI) The National Company Law Appellate Tribunal (NCLAT) has declined Raheja Developers’ plea to close the insolvency resolution process against its project Raheja Shilas in Gurugram, after observing that the issues with flat…
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The National Company Law Appellate Tribunal has ruled against closing the insolvency resolution process for Raheja Developers’ project, Raheja Shilas, in Gurugram. The tribunal highlighted unresolved issues with flat buyers as a blocking point in the proceedings. In its ruling, the NCLAT bench, led by Chairperson Justice Ashok Bhushan, remarked that the closure plea…
One of the largest cannabis firms in Maryland seeks bankruptcy protection The Business Journals Read the original article here
Entertainment Bella Shmurda Quick Read Nigerian Afrobeats singer Abiola Ahmed Akinbiyi, popularly known as Bella Shmurda, has opened up on nearly going bankrupt after fame… … Read the original article here
The owner of the iconic Penfolds wine is facing “elevated risk” of bankruptcy after it posted an eye-watering $650 million loss and questions grow over its controversial $1.3 billion bet on a luxury California vineyard. Plato Global Alpha Fund, a $3.4 billion Sydney-based investment manager, this week warned the embattled Treasury Wine Estates (TWE) could…
AS Monaco avoided immediate bankruptcy as the court postponed its financial case to June 12, 2026, giving the club temporary stability while its long-term future remains uncertain. AS Monaco took an important step on Friday, April 3rd, in its financial case. Four weeks after the appointment of judicial administrator Stephane Garino, the Roca Team was…
The owner of collapsed large retailer Smiths City has been declared bankrupt. Colin Ashley Neal was adjudicated to be bankrupt by Justice Rob Osborne at the High Court at Christchurch just after 10am on April 1. Bankruptcy proceedings were called by Tower Rail Precinct Limited against Mr Neal over a breach of contract. His plight…
Medigene AG shares hit a historic low of €0.024, erasing nearly all market value amid ongoing bankruptcy proceedings and a lack of communication on asset sales. The stock of German biotech firm Medigene AG experienced a dramatic single-day collapse, shedding nearly a quarter of its value. This plunge, which saw shares trading for mere cents,…
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