After bankruptcy, retail chain liquidates stores, seeks buyer – TheStreet
After bankruptcy, retail chain liquidates stores, seeks buyer TheStreet Read the original article here
Vernon Hudson’s Bay indebted $286K amid massive liquidation
The company that owns the Village Green Shopping Centre is owed roughly $283,000 from The Bay. Smaller amounts are owed to the City of Vernon and a local plumbing company Hudson’s Bay, Canada’s oldest company, is in the process of liquidating almost all of its department stores, and creditors for its Vernon location have been…
Jetline Travel enters administration – itij.com
Jetline Travel enters administration itij.com Read the original article here
Preserve emails in Byju’s insolvency case: HC
BENGALURU : Granting limited indulgence, the Karnataka High Court Thursday passed an interim order directing the Resolution Professional in the M/s Think and Learn Private Limited, i.e., Byju’s case, to preserve all the emails of conversations between all the stakeholders in the case at hand. These emails would be required for the Corporate Insolvency Resolution…
LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – March 2025
1 COMM SYSTEMS LIMITED 100WATT DESIGN LIMITED 1016 DEVELOPMENTS LIMITED 10761645 LTD 11220212 LTD 11557975 LTD 141 PARK LANE LIMITED 1CSS LTD 21ST CENTURY WASTE SOLUTIONS LTD 2ASB LTD 2MANYWINES LTD 3P EFFECTS DECORATING LTD 4M BUSINESS LIMITED 500 HAVERSTOCK HILL LIMITED 500 LONDON LIMITED 500 NOTTING HILL GATE LIMITED 500 PORTOBELLO ROAD LIMITED 56…
Autostrade Meridionali S.p.A. Approves Interim Liquidation Balance and Remuneration Policy – TipRanks
Autostrade Meridionali S.p.A. Approves Interim Liquidation Balance and Remuneration Policy TipRanks Read the original article here
Eternal begins liquidation of Dutch subsidiary Zomato Netherlands
Eternal, the company that owns the food‑delivery giant Zomato, has begun liquidating Zomato Netherlands B.V., a step‑down subsidiary with no active business and a net worth of about Rs 32 lakh. In a filing with the stock exchanges, the company said the unit “is not a material subsidiary,” so closing it will not affect revenue. The…
AZB, SAM and Khaitan act on Vadraj Cements insolvency process
Soummo Biswas Shardul Amarchand Mangaldas & Co (SAM), AZB & Partners and Khaitan & Co have worked on various aspects of the insolvency proceedings for Vadraj Cements. The National Company Law Tribunal approved the INR18 billion (USD209.3 million) resolution plan in Mumbai on 1 April 2025. SAM advised the committee of creditors of Vadraj Cements,…
India's Corporate Insolvency Resolution Process recognised in Singapore for the first time – Ashurst
India’s Corporate Insolvency Resolution Process recognised in Singapore for the first time Ashurst Read the original article here
Zomato share price rises 3% after firm informs of liquidation of its Netherlands subsidiary
Shares of Zomato surged 3% on Friday after the company said it is proceeding with the liquidation of its subsidiary Zomato Netherlands B.V. “…we wish to submit that Zomato Netherlands B.V. (‘Zomato Netherlands”), a step-down subsidiary of Eternal Limited (formerly known as Zomato Limited) (‘the Company”) situated in the Netherlands, has initiated the process of…