Ola Electric Share Price: Market Trends & Latest Company Updates – Samco
Ola Electric Share Price: Market Trends & Latest Company Updates Samco Read the original article here
Zomato Faces Insolvency Plea, Supplier Claims Pending Dues Of Rs 1.64 Crore
Zomato, one of India’s leading food delivery platforms, is facing an insolvency plea from its uniform supplier, Nona Lifestyle. The supplier has alleged that Zomato has outstanding dues amounting to Rs 1.64 crore, including interest. The case was brought before the National Company Law Tribunal (NCLT), where Nona Lifestyle sought to restore an earlier plea…
Govt blamed for another school lunch provider insolvency – The Post
Govt blamed for another school lunch provider insolvency The Post Read the original article here
Zomato Faces Potential Insolvency Plea as Nona Lifestyle Moves NCLT for Petition Restoration – Times Now
Zomato Faces Potential Insolvency Plea as Nona Lifestyle Moves NCLT for Petition Restoration Times Now Read the original article here
Ola Electric shares hit record low amid supplier insolvency petitions
Ola Electric share prices traded at their lowest since listing after news that two suppliers had filed an insolvency petition with the NCLT in Bengaluru, alleging non-payment of dues amounting to a cumulative ₹22.5 crore. Ola Electric has disputed the claim and said that it is fighting it legally. The company’s shares were trading at…
Lenders transfer Jaiprakash Associates’ debt to NARCL amid insolvency
Jaiprakash Associates Ltd (JAL), a key entity within the Jaypee Group, is currently undergoing an insolvency process. In a significant move, a consortium of lenders has transferred their outstanding loans from JAL to the National Asset Reconstruction Company Ltd (NARCL). This decision is part of the broader efforts to manage non-performing assets (NPAs) and improve…
Zomato insolvency plea: Zomato faces insolvency plea over alleged Rs 1.64 crore unpaid dues
Food delivery giant Zomato is facing an insolvency plea from uniform supplier Nona Lifestyle, alleging unpaid dues of Rs 1.64 crore, as reported by Bar and Bench on March 17. The National Company Law Tribunal (NCLT) has adjourned the case to April 3, requesting the petitioner to clarify its next steps. According to the report,…
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DynaLife insolvent less than 90 days into contract for lab services, government documents show
When Alberta’s United Conservative government contracted out community medical lab testing to a private company in December 2022, it said it would save tens of millions of dollars. Two weeks before that contract with DynaLife Medical Labs was set to take effect, the company told the province it needed additional funding. Less than three months…
Ola electric and Rosmerta, insolvency plea, payment default, NCLT
Rosmerta Digital Services has filed an insolvency petition against Ola Electric Mobility’s subsidiary, Ola Electric Technologies, before the National Company Law Tribunal (NCLT), alleging that the electric two-wheeler maker has defaulted on payments for the services provided. This comes at a time when Ola Electric’s vehicle registration process transformation is in its final stages. The…