Alps Industries Reports Continued Losses Amid Insolvency Resolution Process – scanx.trade
Alps Industries Reports Continued Losses Amid Insolvency Resolution Process scanx.trade Read the original article here
SC transfers case from NCLAT Chennai to Delhi after judicial member claims interference by retired HC judge
The Supreme Court on Friday transferred the commercial dispute pending before the Chennai bench of National Company Law Appellate Tribunal (NCLAT) to the principal bench in Delhi after a judicial member of the Chennai Bench alleged that he was approached by a retired High Court judge to favour one of the parties to the case.…
Manipal Group bids to acquire parent company of BYJU’S
The Manipal Education & Medical Group (MEMG) has formally entered the running to acquire Think & Learn Pvt Ltd, the insolvent parent of the ailing edtech startup company BYJU’S. MEMG, which also manages the Manipal Academy of Higher Education (MAHE), confirmed yesterday, Thursday, November 13 that it had submitted an expression of interest (EoI) in…
Gauzy Ltd. Announces Commencement of Insolvency Proceedings for French Subsidiaries and Plans to Appeal
Discloses that Insolvency Proceedings Have Commenced Related to Certain French Subsidiaries Gauzy Adamantly Opposes the Proceedings and Plans to Appeal as Soon as Possible Gauzy Working with Its Lenders to Ensure Financial Viability of Its French Subsidiaries TEL AVIV, Israel, Nov. 14, 2025 (GLOBE NEWSWIRE) — Gauzy Ltd. (Nasdaq: GAUZ) (“Gauzy” or the “Company”), a…
Aircraft from bankrupt Romanian airline Blue Air auctioned off for over EUR 140,000
azitis.com, a major auction platform in Romania, announced the sale of three aircraft frames that were previously part of the fleet of now-bankrupt airline Blue Air. The engine-less aircraft were each sold for over EUR 45,000 and are set to be converted into hotels and restaurants. The aircraft sold are Boeing 737-530, Boeing B737-5L9, and…
Major toy company Funko warns it could go bankrupt
Funko warns of survival risks after big losses | ©Image Credit: GEEKSPIN Funko is in trouble, and it isn’t the usual retail slump or a bad quarter that some would shrug off as a temporary blip. The company behind Pop figures has laid out numbers that look ugly on their own and even worse when…
When to Declare Bankruptcy: Signs and Options Explained – Investopedia
When to Declare Bankruptcy: Signs and Options Explained Investopedia Read the original article here
BYJU’S insolvency process: Ranjan Pai’s Manipal Group submits second bid to acquire Think & Learn
In a candid conversation with ANI in May this year, Raveendran acknowledged that strategic missteps, hasty global expansion, and unexpected macroeconomic shocks contributed to BYJU’S unravelling over the past few years. Raveendran traced the crisis to the company’s aggressive push into 21 countries during the pandemic-era boom from 2019 to 2021, fuelled by capital and investor pressure…
Prominent solicitor Anthony Joyce denies allegations of hiding funds for bankrupt clients
Lawyer claims money was given to him to discharge legal fees Insolvency lawyer Anthony Joyce leaves a Legal Practitioners Disciplinary Tribunal in Dublin. Photo: Mark Condren A prominent lawyer accused of helping two clients to hide assets from creditors told investigators a €10,000 bank draft they gave him a month before they were declared bankrupt…
Manipal seeks to take part in Byju’s parent insolvency
BENGALURU: Manipal Education and Medical Group India (MEMG) submitted an expression of interest (EoI) to participate in corporate insolvency resolution process (CIRP) of Think & Learn, the parent company of Byju’s.In a statement on Thursday, MEMG India said it sought inclusion in list of prospective resolution applicants and requested access to company’s financial and operational…