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Future Consumer faces insolvency plea

New Delhi: Resurgent India Special Situations Fund has moved the Mumbai bench of the NCLT, filing an application to initiate insolvency proceedings against Future Consumer. Future Consumer in a regulatory filing earlier this week said: “The company would be making appropriate representation”. Read the original article here

‘Amitabh Bachchan went bankruptcy, he never used to lament,’ says Ashish Vidyarthi as he recalls working with the legendary actor: ‘People did eat when he was injured during Coolie’ | Hindi Movie News

While Amitabh Bachchan has been at the peak of stardom for most of his career, the legendary actor also went through a tough phase in his career. The actor almost went bankrupt when he started his own production house ABCL and it went into severe losses. To make matters worse, his acting career had also…

Specialist in wireless LED control goes bankrupt

Cosmicnode, a Dutch specialist in wireless control solutions for LED lighting and other applications, has gone bankrupt. The company, based at the High Tech Campus in Eindhoven, the Netherlands, had been operating under the radar for years. Just this spring, when it began to present itself more visibly to the market, it filed for…