Kate Moss‘ Cosmoss has officially filed to close all its operations. The skin care and wellness business, launched by the 51-year-old British supermodel in 2022, entered into liquidation proceedings on June 24, according to the company filing. According to the filing, Cosmoss owed about $3 million to its creditors; the majority of which was owed…
Homeplus initiates sale process amid fierce acquisition competition and liquidation concerns – CHOSUNBIZ Chosun Biz Read the original article here
SBI tags Reliance Communications’ loan as ‘Fraud’, names Anil Ambani in letter to RBI MSN Read the original article here
Home Business Big win for Gautam Adani, this tribunal approves Rs 20000000000 plans, clears bid for 2 assets of… The CoC initially rejected this proposal, however, reversed its stance in September 2021 after objections from home buyers. Gautam Adani (File Image) The National Company Law Tribunal (NCLT) has approved Adani Properties’ resolution plans for two…
Melbourne building collapses into voluntary administration – leaving projects in the lurch MSN Read the original article here
NCLT Approves Adani Properties Bid For Two HDIL Assets In Mumbai NDTV Profit Read the original article here
State Bank of India has decided to classify the loan account of Reliance Communications Ltd. as ‘fraud’, a move that dates back to transactions from August 2016, according to an exchange notification. The bank will also report the name of Anil Dhirajlal Ambani, erstwhile director of the defunct telecom operator and head of the Anil…
The move comes as RCom is currently under the corporate insolvency resolution process as per the Insolvency and Bankruptcy Code Anil Ambani: From the 6th richest in the world to Rs.31,580 cr ‘fraud’ tag by State Bank State Bank of India (SBI) has decided to classify the loan account of beleaguered telecom firm Reliance Communications…
Insolvencies steady but companies face ‘significant headwinds’ for rest of the year MSN Read the original article here
The future appears bleak for Esoteric Festival, which has entered into voluntary administration following an unfortunate deadlock with authorities. “This is by far the hardest thing I’ve ever had to write,” explains festival co-founder and Sam Goldsmith in an open letter. The annual event, he continues, has ceased trading after entering voluntary administration with effect…