First Brands nears bankruptcy settlement, tees up business unit sales – Reuters
First Brands nears bankruptcy settlement, tees up business unit sales Reuters Read the original article here
London construction boss gets suspended sentence, unpaid work order and six-year director ban
Adebanjo Adebayo Talabi was the director of Bebo Construction Limited. He pleaded guilty to three counts of fraud by false representation for claiming £150,000 in Covid Bounce Back Loans. He received a two-year sentence, suspended for two years, an unpaid work order, and a six-year director disqualification. The south-London director of a construction company has narrowly avoided jail after admitting exaggerating his company’s turnover…
Supreme Court says repeated challenges by unsuccessful bidders erode IBC’s framework
New Delhi: The Supreme Court on Friday pulled up unsuccessful bidding companies in insolvency cases for challenging commercial decisions taken by lenders, warning that such attempts undermine the design of India’s bankruptcy framework. A bench led by Justice B.V. Nagarathna made the observations while upholding the resolution plan of Sarda Energy & Minerals Ltd for…
Scots engineering firm goes into liquidation after almost 100 years – The Scottish Sun
Scots engineering firm goes into liquidation after almost 100 years The Scottish Sun Read the original article here
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East India Company Shuts Down Again After 170 Years: London Luxury Revival Ends In Bankruptcy
The East India Company’s flagship store in Mayfair, London | Image: Tripadvisor New Delhi: The East India Company, a name once synonymous with global trade dominance and colonial rule – has ceased operations for the second time in its long history, this time as a luxury retail brand in London, bringing an unusual chapter in…
Oxfordshire pub firm with £1.5m debts winds up in liquidation – Herald Series
Oxfordshire pub firm with £1.5m debts winds up in liquidation Herald Series Read the original article here
Oxfordshire pub firm with £1.5m debts winds up in liquidation – Oxford Mail
Oxfordshire pub firm with £1.5m debts winds up in liquidation Oxford Mail Read the original article here
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