Matthew Cooke, who has run the Malvern Hills Hotel for 24 years, said the severely overrunning closure of the A449 near British Camp means his business is not viable anymore. Worcestershire County Council has been unable to provide a confirmed reopening date. The road has been closed since September 8, 2025 for repairs to a…
A draft resolution being circulated by the Donald Trump-installed board currently leading the Kennedy Center is warning that the beloved cultural institution will be bankrupt and face “certain fiscal collapse within weeks” unless Trump’s name is added to the building. A federal judge ruled in May that Trump’s name had to be removed from the…
Hortilux Schréder has been declared bankrupt. The Dutch company develops, assembles, and sells lighting installations for greenhouse horticulture and vertical farming. Hortilux was granted a suspension of payments last Thursday, September 10, which was today converted into bankruptcy at the request of the court-appointed administrator. A restart of the lighting company’s activities is being…
Hortilux Schréder has been declared bankrupt. The Dutch company develops, assembles, and sells lighting installations for greenhouse horticulture and vertical farming. Hortilux was granted a suspension of payments last Thursday, September 10, which was today converted into bankruptcy at the request of the court-appointed administrator. A restart of the lighting company’s activities is being…
New Delhi, The National Company Law Tribunal (NCLT) has dismissed the plea of grounded air carrier Jet Airways’ liquidator seeking a refund of Rs 500 crore from global aerospace manufacturer Boeing, observing that the matter involves a contractual dispute. A two-member Mumbai bench of NCLT said there was a contractual dispute over the pre-delivery/advance payments,…
Summit Brewing Co. faces insolvency risk as lender seeks court-appointed receiver The Business Journals Read the original article here
In a press conference in Noida, Suraksha Group Promoter Sudhir Valia highlighted that in the last two years, it has completed 84 towers comprising 7,913 units out of the total 159 towers that were stalled when it took over the JIL operations. Already 5,000 units have been handed over to customers, while the possession of…
Representational Image (IANS) New Delhi: The National Company Law Tribunal (NCLT) has dismissed the plea of grounded air carrier Jet Airways’ liquidator seeking a refund of Rs 500 crore from global aerospace manufacturer Boeing, observing that the matter involves a contractual dispute. A two-member Mumbai bench of NCLT said there was a contractual dispute over…
India Power Corporation Ltd., under Corporate Insolvency Resolution Process, has reported the outcome of the seventh meeting of its Committee of Creditors held on September 11, 2026. The creditors approved a clarification and addendum to the eligibility criteria for consortium applicants under the Invitation for Expression of Interest for the company’s insolvency resolution process through…
Why insolvency regulator wants to assign ‘nil’ vote share to related parties in insolvency process? Moneycontrol.com Read the original article here