Compulsory liquidations hit decade-long high as firms face rising costs – MSN
Compulsory liquidations hit decade-long high as firms face rising costs MSN Read the original article here
Compulsory liquidations hit decade-long high as firms face rising costs MSN Read the original article here
The number of companies going into compulsory liquidation hit its highest point in more than a decade last month, according to official data. Some 393 companies were forced to wind up in February across England and Wales – the highest monthly number since September 2014, the Insolvency Service said. Compulsory liquidation is when a firm…
Insolvency-related activity increases across Sussex and South East region SussexWorld Read the original article here
Insolvency-related activity increases across Bucks and South East region Bucks Herald Read the original article here
Shares of Ola Electric Mobility Limited tumbled 7.23 per cent, or Rs 3.65, on Monday, hitting a record low of Rs 46.86 on the National Stock Exchange (NSE). With this drop, Ola Electric’s stock fell below the Rs 50 mark for the first time. The company’s shares have now fallen 37 per cent from its…
Shares of food delivery giant Zomato gained sharply during the trading session even as it may face an insolvency plea after one of its operational creditors moved the National Company Law Tribunal (NCLT). It has come to light that Nona Lifestyle Private Limited has moved the law tribunal to restore an insolvency plea that it…
Zomato faces insolvency case over $188k in unpaid dues Tech in Asia Read the original article here
Shares of Zomato jumped 6% during the intraday trade on Tuesday, March 18, though the food delivery aggregator may face an insolvency plea as one of its operational creditors has moved the National Company Law Tribunal (NCLT), seeking restoration of its previous petition. Nona Lifestyle Pvt Ltd, an operational creditor, has moved NCLT requesting to…
Ola Electric’s Troubles Mount: Insolvency, Consumer Rights Violations, and More Outlook Business Read the original article here
Ola Electric shares sink over 70 pc from peak after insolvency petition against subsidiary By IANS Investing.com India Read the original article here