The Delhi High Court has set aside the money laundering proceedings against erstwhile Bhushan Power and Steel Ltd. Justice Manmeet P S Arora, while dealing with a petition by BPSL, observed after having undergone a successful resolution process under the Insolvency and Bankruptcy Code, the company — now taken over by JSW Steel — should…
Sweden’s Northvolt files for bankruptcy, in blow to Europe’s EV ambitions Reuters Read the original article here
Ian McKellen, actor, co-writer, executive producer When we were doing Richard III at the National Theatre in 1990, the director Richard Eyre, the designer Bob Crowley and I felt there should be modern references in the design. Although it is a history play, if you look at the dates, there were people at the original…
ABC is stepping in to save the day. PEOPLE can confirm that the network is in negotiations to pay Lucky 13 game show contestants more than $460,000 — despite having no legal obligation to do so. Deadline was first to report the news. The development comes after the series, which was hosted and executive produced…
An ‘extreme value retail chain’ with 92 stores goes bankrupt after slate of bargain shop closures MSN Read the original article here
A group of linked kitchen design and fitting companies based in Manchester have been shut down after taking upfront payments from more than 20 customers for products they did not provide. Smart Choice Kitchens Limited, Empire Kitchens and Bathrooms Limited, and Connect Kitchens Limited, were all wound-up at a hearing of the High Court in…
Insolvency appointments January 25 to February 7 2025 Business News Read the original article here
On 3-2-2025, the Insolvency and Bankruptcy Board of India notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2025 to amend the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The provisions came into force on 3-2-2025. Key Points: Regulation 4-E has…
‘Glib huckster’: Bankrupt builder faces jail, owing more than $6 million The Post Read the original article here
Open this photo in gallery: Halifax Harbour in Halifax on Wednesday evening, Feb. 28, 2018.Darren Calabrese/For The Globe and Mail A contentious insolvency involving the heavily indebted estate of a deceased property developer from the Halifax area has put the future of some of the city’s prized heritage properties in doubt. Five businesses connected to…