The National Company Law Appellate Tribunal (NCLAT) has paved the way for Aakash Educational Services Ltd (AESL) to conduct its Extraordinary General Meeting (EGM) concerning a rights issue. This decision was made despite pushback from Glas Trust, a leading creditor in the insolvency proceedings involving Think & Learn Pvt Ltd, the parent company of…
Martine McCutcheon’s Heartbreaking Double Blow: Second Bankruptcy Hits Just Months After Marriage Split The spotlight never dims for Martine McCutcheon, but lately, the 49-year-old EastEnders icon has faced shadows that few could have predicted. Just seven months after her emotional separation from husband Jack McManus, court records unsealed this week reveal McCutcheon was declared bankrupt…
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Byju’s Moves NCLAT to Block Aakash’s Rights Issue Amid Insolvency Turmoil outlookbusiness.com Read the original article here
Iran’s Ayandeh Bank declares bankruptcy The Digital Banker Read the original article here
The District Court in Zielona Góra has declared online currency exchange Cinkciarz.pl bankrupt, triggering proceedings that could allow thousands of customers to recover lost funds. A trustee has been appointed to liquidate the company’s assets and oversee creditor claims, local media publication InteriaBiznes reported. Discover how neo-banks become wealthtech in London at the fmls25 Bankruptcy…
In what has become one of the most high-stakes corporate courtroom dramas in India’s startup ecosystem, Byju’s — once celebrated as the crown jewel of Indian edtech — has found itself fighting yet another battle, this time to protect its stake in its own subsidiary, Aakash Educational Services Limited (AESL). Think & Learn Pvt. Ltd.…
Sponsored by AAB Group If your business is in financial distress and trades in both Northern Ireland and the Republic, or has creditors based in both jurisdictions, there’s something important you need to be aware of. Pre-Brexit, entering restructuring as a cross-border business was straightforward. When both the UK and Ireland operated under EU legislation,…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…