This photo shows the headquarters of MG Non-Life Insurance in Seoul, April 13, 2022. Yonhap Financially feeble MG Non-Life Insurance is facing a looming liquidation as a potential buyer announced the termination of a takeover deal Thursday. Meritz Financial Group said earlier in the day that it has decided to drop its status of preferred…
This photo shows the headquarters of MG Non-Life Insurance in Seoul, April 13, 2022. Yonhap Financially feeble MG Non-Life Insurance is facing a looming liquidation as a potential buyer announced the termination of a takeover deal Thursday. Meritz Financial Group said earlier in the day that it has decided to drop its status of preferred…
(MG Non-Life Insurance Co. ) Financially feeble MG Non-Life Insurance Co. is facing a looming liquidation as a potential buyer announced the termination of a takeover deal Thursday. Meritz Financial Group said earlier in the day that it has decided to drop its status of preferred bidder for the non-life insurer, citing differences with its…
The National Company Law Tribunal (NCLT) has approved the Rs 55.6 crore resolution plan for Universal Buildwell Private Limited submitted byUniversal Aura Welfare Association, Universal Greens Buyers Association and Universal Business Park Owners Association, marking a significant step in the corporate insolvency resolution process (CIRP) that began in 2018. The resolution plan has been approved by…
The operator of the closed-down Catford Mews cinema has been liquidated, but the businessman behind the venture hopes to open up again in a nearby location. Really Local Group (Catford Mews) Ltd was placed in liquidation at 2pm on Wednesday, four months after its landlord, a Lewisham Council company, repossessed the building saying it had…
Highlights The Supreme Court ruled that the interim moratorium under Section 96 of the Insolvency & Bankruptcy Code, 2016, does not protect corporate debtors from penalties under the Consumer Protection Act, 1986, emphasizing the importance of consumer protection regulations during insolvency proceedings. Legal experts clarified that the moratorium applicable to corporate debtors under Section 14…
Singapore: Meeting of company and creditors scheduled for Ruchira Ships Limited Manifold Times Read the original article here
Translated by Nicola Mira Published March 12, 2025 … Read the original article here
Translated by Nicola Mira Published March 12, 2025 … Read the original article here
Liquidators are set to be called in to wind up the firm behind the now-closed St Giles Centre in Elgin. Official records confirm that the St Giles Shopping Centre Limited’s sole director, 82-year-old Aviemore businessman David Cameron, applied to have the company wound up on February 28. Liquidators have been called in to the St…