Lucien Ekamba-Elombe criminal actions were said to be ‘calculated, persistent and wide-ranging’ Lucien Ekamba-Elombe was sentenced for a string of offences including Covid fraud, flouting director disqualifications and running a phoenix company while bankrupt.(Image: Northumbria Police) A recruitment consultant from the West End of Newcastle has been sentenced for various offences including Covid fraud, flouting…
Lucknow: The corporate insolvency resolution process (CIRP) of Andes Town Planners Private Limited, developer of the Rohtas Plumeria housing project in Gomti Nagar, Lucknow, has entered a crucial phase, with multiple bidders reportedly competing to revive the long-delayed real estate project. The company was admitted into CIRP in March 2023 under the Insolvency and Bankruptcy…
UK Charter Operator Zenith Declared Insolvent Aviation International News Read the original article here
Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVL The Economic Times Read the original article here
Over the ten years that the personal bankruptcy mechanism has been in effect in Russia, courts have declared 2.22 million citizens insolvent. This was reported by Kommersant, citing data from Fedresurs. In the first quarter of this year alone, 137,500 people went through bankruptcy proceedings—a 13.7% increase compared to the same period last year. Despite…
New Delhi: Dalmia Bharat Ltd will acquire the cement assets of Jaiprakash Associates Ltd (JAL) for more than Rs 2,500 crore, sources said, as the Adani Group moves to carve up and integrate key businesses of the infrastructure conglomerate following its acquisition under the insolvency process. The proposed transaction would give Dalmia Bharat control of…
Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sources The Economic Times Read the original article here
Adani Ports and Special Economic Zone Ltd said the acquisition will further consolidate the company’s inland logistics presence and service capabilities in North India. File | Photo Credit: Reuters Adani Ports and Special Economic Zone on Thursday (May 21, 2026) said it will acquire a 100% stake in Jaypee Fertilizers & Industries from Jaiprakash Associates…
Azets’ Hampshire specialist responds as latest corporate insolvency figures show 2.4% increase portsmouth.co.uk Read the original article here
Arshiya Limited Reports Q1 FY25 Standalone Loss of Rs 99759.94 Lakh scanx.trade Read the original article here