Locked premises, suspended boss and £2.4m debt at failed Dragon's Den mead firm – The York Press
Locked premises, suspended boss and £2.4m debt at failed Dragon’s Den mead firm The York Press Read the original article here
CBI Intensifies Probe into RCOM Over ₹27,337 Crore Fraud Allegations – Whalesbook
CBI Intensifies Probe into RCOM Over ₹27,337 Crore Fraud Allegations Whalesbook Read the original article here
Social enterprise: Africa Greentec files for bankruptcy – Table.Briefings
Social enterprise: Africa Greentec files for bankruptcy Table.Briefings Read the original article here
Mary Chia shares sink after SGX asks if firm can continue operating
SINGAPORE – Singapore Exchange Regulation (SGX RegCo) has queried beauty and wellness firm Mary Chia Holdings on whether it can continue operating as a going concern after legal proceedings were launched against the company and its related parties by a creditor in April. Its shares sank after the news, with the stock down 4.4 per…
NCLAT rejects Venugopal Dhoot’s plea to include foreign oil assets in Videocon insolvency
In a setback to Videocon founder Venugopal Dhoot, the National Company Law Appellate Tribunal (NCLAT) on Thursday rejected his request to include the group’s Brazilian and Indonesian oil and gas assets in the ongoing insolvency proceedings of Videocon Industries and its 12 affiliates. A bench led by Justice Yogesh Khanna upheld the lenders’ stand that…
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UK clothes manufacturer collapses into liquidation | UK | News
The Aberdeen based workwear maker has now ceased trading (Image: Getty) A long-established Scottish clothing manufacturer has gone into liquidation after over 40 years of trading, resulting in the loss of all remaining jobs. North East Rig Out (Aberdeen) Limited made workwear, school uniforms and bespoke protective clothing to customers across a wide range of…
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Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited. Read the original article here
Americans rethink retirement plans as longer lives, rising costs collide
OpenTheBooks CEO John Hart joins ‘Varney & Co.’ to discuss long-term Social Security and Medicare deficits as fiscal pressures mount. Americans are rethinking when to retire and claim Social Security as longer lifespans collide with uncertainty over the program’s future. Social Security could reach insolvency by late 2032 or early 2033, potentially triggering automatic benefit…
NCLT Allows Nobility Estates Insolvency Withdrawal: Rediff Moneynews
NCLT permits withdrawal of insolvency proceedings against Nobility Estates after settlement with creditors. Read more about the case. New Delhi, May 14 (PTI) The National Company Law Tribunal has allowed withdrawal of insolvency proceedings against Nobility Estates, developer of the luxury housing project ‘Le Grandiose’ in Noida, following a settlement between financial creditors and the…