CCI Approves Dalmia Cement’s Acquisition Of Jaiprakash Associates Via Insolvency Route – BW Businessworld
CCI Approves Dalmia Cement’s Acquisition Of Jaiprakash Associates Via Insolvency Route BW Businessworld Read the original article here
CCI Approves Dalmia Bharat”s Jaiprakash Associates Deal: Rediff Moneynews
CCI approves Dalmia Bharat”s acquisition of Jaiprakash Associates under IBC. Key players like Adani also in the bidding process. New Delhi, Aug 5 (PTI) The Competition Commission of India (CCI) on Tuesday approved Dalmia Bharat’s proposal to acquire the debt-laden Jaiprakash Associates Ltd (JAL), which is going through the insolvency resolution process. Under the provision…
German fashion brand Closed files for insolvency
Hamburg-based Closed GmbH has filed for insolvency. The brand filed the application with the relevant district court in Hamburg on Tuesday. Stefan Denkhaus, a lawyer from the BRL law firm, has been appointed as the provisional insolvency administrator. The insolvency was necessary due to excessive debt and the associated financing costs. Operationally, the company, with…
Indian-origin businessman banned from company directorship over ‘under-priced’ car sales
An Indian-origin businessman who sold seven historic cars, including two Jaguars and three Rolls-Royces, for just GBP 1 to another company he controlled has been disqualified from holding a company directorship for six years following an investigation by the UK’s Insolvency Service. Kulbarg Singh from Staffordshire in the West Midlands region of England was the…
Staffordshire director banned after selling classic cars worth more than £100,000 for £1
A businessman who sold seven classic cars for just £1 to another company he controlled has been banned from being a director for six years. Kulbarg Singh, 62, was director of Aldridge Construction Engineering Ltd when he sold all the company assets to Ace Earth Solutions Ltd, of which he was also a director, in…
NCLAT stops Gensol IRP from leasing out 152 EVs on lessor objection
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Tuesday barred the interim resolution professional (IRP) of bankrupt Gensol Engineering Ltd from leasing out 152 electric vehicles (EVs), following a plea by SMAS Auto Leasing India Pvt. Ltd, which had originally leased the vehicles to Gensol before it entered insolvency. The order came after…
Start-ups and insolvencies both on the rise in Yorkshire and Humber – Rotherham Advertiser
Start-ups and insolvencies both on the rise in Yorkshire and Humber Rotherham Advertiser Read the original article here
Yorkshire and Humber sees second consecutive rise in business start-ups – but insolvency-related activity also climbs – Doncaster Free Press
Yorkshire and Humber sees second consecutive rise in business start-ups – but insolvency-related activity also climbs Doncaster Free Press Read the original article here
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An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: 8e6b8d30a8b0572b9cb40d796e27a202, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-08-05T10:00:43.889480503+00:00 Read the original article here
A well-known retail chain that went bankrupt in the US is making a comeback: new name
Many iconic retail brands have experienced ups and downs in recent years. Some have disappeared from the map, while others are struggling to reinvent themselves and reconnect with their customers. In this context, the return of a very popular chain in the US has caused great anticipation. After filing for bankruptcy in April 2023, the…