‘Dangerous precedent, dangerous delay’: HNG Workers Union accuse CCI and AGI Greenpac of derailing SC-backed insolvency process, writes to FM OpIndia Read the original article here
The National Company Law Appellate Tribunal (NCLAT) has upheld the liquidation of debt-ridden Sintex Plastics Technology, rejecting arguments by an unsuccessful bidder. New Delhi, Apr 21 (PTI) The insolvency appellate tribunal NCLAT has upheld an NCLT order directing liquidation of debt-ridden Sintex Plastics Technology. A two-member bench of the National Company Law Appellate Tribunal (NCLAT)…
Home Business Gautam Adani, Anil Aggarwal, Baba Ramdev in race to buy insolvent company named as…, it deals in hotels, cement and… Now this high-stakes bidding war will have major implications for the Indian corporate sector depending on who wins it. Jaypee Associates Limited (JAL) is in news as 25 corporate giants want to acquire…
Luxury fashion brand planning to file for bankruptcy TheStreet Read the original article here
Morarjee Textiles Advances in Insolvency Resolution Process TipRanks Read the original article here
World Former Putin challenger is declared bankrupt by Russian court … Read the original article here
“Drop Dead City” falls into in a category of documentary I think of as wonkish but gripping. Produced and directed by Peter Yost and Michael Rohatyn, the film is about the financial cataclysm that hit New York City in 1975, when the powers that be figured out that the city was $6 billion in debt.…
TUK Clarifies Shutdown Reports After Parliament Declared It Insolvent MSN Read the original article here
Technical University of Kenya Declared Insolvent, Faces Collapse MSN Read the original article here
The resolution process for debt-laden Jaiprakash Associates Limited (JAL) has moved forward with the Resolution Professional (RP) publishing the final list of 25 eligible Prospective Resolution Applicants (PRAs). This follows the initial submission of Expression of Interests (EoIs) by 26 entities. Notably, the final list, prepared in accordance with the Insolvency and Bankruptcy Board of…