Market snapshot: BPL Limited has secured a massive legal victory as the National Company Law Tribunal (NCLT) Kochi bench dismissed a ₹1,323 crore insolvency plea filed by Morgan Securities and Credits Private Limited. The tribunal ruled that the Insolvency and Bankruptcy Code (IBC) cannot be misused as a parallel recovery tool for arbitral awards, especially…
Your browser does not support the audio element. The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, comprising Justice N. Seshasayee (Judicial Member) and Arun Baroka (Technical Member), has observed that the Insolvency and Bankruptcy Code, 2016 is intended to maximise value through a time-bound resolution process and cannot permit indefinite delays…
Koko Networks, once heralded as the crown jewel of Africa’s clean-cooking transition, has officially entered insolvency management, laying off over 700 employees and leaving approximately 1.5 million Kenyan households without their primary source of cooking fuel. The catastrophic collapse exposes the profound fragility of climate-tech ventures that rely exclusively on complex global carbon finance models.…
It’s hard to talk about British pop culture and not mention Katie Price. She’s been everywhere for about 30 years, and lately, people can’t stop speculating about her personal life or her finances. With the new documentary, ‘Katie Price: Nothing to Hide’, airing on Sky and headlines about her lost and found husband Lee Andrews…
The Oceanium Limited business, producing farmed seaweed-derived bioactive and food ingredients, has been acquired by Juno Mara Limited following an independent marketing process. Scottish seaweed company placed into administration (Image: Getty Images) James Fennessey and Blair Milne, of Azets’ Restructuring & Insolvency in Glasgow, were appointed joint administrators after the firm was “unable to secure…
REVEALED: Latest business liquidations in Moreton Bay The Courier Mail Read the original article here
REVEALED: Latest business liquidations in Whitehorse Herald Sun Read the original article here
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Victor Wembanyama’s former team, Boulogne-Levallois Metropolitans 92, has gone bankrupt. Boulogne-Levallois Metropolitans 92, the team that San Antonio Spurs Rookie of the Year Victor Wembanyama played for in the 2022-23 season, has gone bankrupt. Victor Wembanyama MIN: 29.66 PTS: 21.44 (54.28%) REB: 10.63
Listen to this article Estimated 2 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A B.C. Supreme Court judge has streamlined a process to claw back millions of dollars from investors who profited unfairly from a major…