The veteran high-tech company Scailium (formerly SQream) has accumulated debts of over 13.6 million shekels ($4.69 million) and on Monday filed an application with the Tel Aviv District Court requesting an order to open proceedings to examine the possibility of economic rehabilitation, along with the appointment of a temporary trustee. According to the filing, “the…
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Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I, Order dated 15th May, 2026` Ref: IPCL/SE/LODR/2026-27/IBC/1 Date:18th May, 2026 The Secretary, National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Symbol: DPSCLTD The Vice President Metropolitan Stock Exchange of India Limited Building A,…
May 18, 2026 Ambuja Cements, a subsidiary of the Adani Group, has emerged as the sole remaining bidder for bankrupt Jaypee Cement Corporation, according to a news report published on 2026-05-18. The company submitted a US$60m offer to acquire the affiliate of Jaypee Associates. My Home Group, which had previously submitted a US$30m bid, has…
Posted By: The Corner 18th May 2026 Reported by Consejeros Editorial Team The Logroño-based wine group Vintae, through its parent company Gevisa Wine Capital, has agreed a restructuring plan with the banks whereby it will assume the debt of the historic Bodegas Riojanas and acquire 90% of the company’s capital, as reported to the National…
Surging jet fuel prices could mean some airlines going out of business, according to the chief financial officer of Ryanair, Europe’s biggest airline. Loading audio narration… “I think we will see some of the weaker carriers who were already struggling before… Read the original article here
Mumbai, May 18: Kinetic Trust Ltd said the National Company Law Tribunal (NCLT), Prayagraj Bench, has approved the company’s resolution plan in respect of Sibri Traders Private Limited under the Corporate Insolvency Resolution Process (CIRP), according to an exchange filing. The company stated that the NCLT passed the order on May 6, approving the resolution plan submitted by Kinetic Trust Ltd to…
NCLT Approves Kinetic Trust Limited’s Resolution Plan for Acquisition of Sibri Traders Private Limited scanx.trade Read the original article here
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NCLAT Rejects Venugopal Dhoot’s Claim over Videocon’s Foreign Oil Assets, Rules in Favour of SBI, Creditors Moneylife Read the original article here