Zoned Properties plans $16M asset liquidation

Zoned Properties (OTCQB: ZDPY) entered definitive agreements to sell and liquidate 100% of its assets and operations for a combined gross price of $16 million via a $9 million option for three Arizona properties (CGK) and a $7 million management buyout asset purchase agreement (MBO APA). The MBO APA requires shareholder approval, the…

Oishii Street Kitchen in Norwich enters liquidation

The directors of Oishii Street Kitchen, in Distillery Square, off Dereham Road, have put the company into liquidation due to rising costs, blaming “unfair pressure” on the hospitality industry. Its head chef, Danielle Wadsworth, and sous chef, Abigail Turner-Evans, will take over the running of the restaurant, with the company’s existing four directors retaining ownership of…

Award-winning Norfolk restaurant enters liquidation

An award-winning Asian fusion restaurant in Norwich has entered liquidation – but will remain open, with its chefs taking over the popular burger joint. The directors of Oishii Street Kitchen, in Distillery Square, off Dereham Road, have put the company into liquidation due to rising costs, blaming “unfair pressure” on the hospitality industry. Its head…

Supreme Court Bars Housing Societies, RWAs from Intervening in Developer Insolvency

The Supreme Court on Thursday, January 15, 2026 ruled that homebuyers’ societies or Resident Welfare Associations (RWAs) ordinarily constituted for maintenance and management of common facilities in a housing project cannot intervene in the insolvency proceedings of the developer company. A bench of justices JB Pardiwala and R Mahdevan, which upheld the insolvency proceedings related…

Lifeline for MSMEs or a Risky Gamble?

Economy & Nation Reliance Industries Reports Modest Growth in Q3FY25-26, Earnings Moneylife Digital Team 17 January 2026 In Q3FY25-26 Reliance Industries Limited (RIL) reported sales ₹2,64,905 crore up 10.38% year-on-year (y-o-y), driven by growth across digital services, oil-to-chemicals (O2C) and… Read the original article here

Homebuyers’ societies and RWAs cannot intervene in developer insolvency process, rules Supreme Court

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