Shares of Bhavish Aggarwal-led Ola Electric Mobility Ltd tumbled 7% in intraday trade on Monday to hit their lowest amid an insolvency petition filed in National Company Law Tribunal’s (NCLT’s) Bengaluru Bench against its subsidiary by operational creditor Rosmerta Digital Services Ltd. The insolvency plea, seeking initiation of the corporate insolvency resolution process (CIRP) against…
Bluechiip Limited Enters Voluntary Administration TipRanks Read the original article here
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Canadian department store retailer Hudson’s Bay Company said on Friday it has failed to secure sufficient financing to go ahead with a restructuring transaction under the Companies’ Creditors Arrangement Act. Hudson’s Bay The Toronto-based company said it has only secured limited debtor-in-possession financing that will require the full liquidation of the entire business, added that a store-by-store liquidation process will…
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Canada’s oldest company seeking to liquidate Global News Kingston Read the original article here
Sharvain Facades goes into voluntary administration MSN Read the original article here
NEW YORK – The US operator of fast-fashion retailer Forever 21, a brand that once attracted droves of young women and girls to shop for cheap, trendy clothing, filed for Chapter 11 bankruptcy for the second time in six years. The move likely means liquidation for the company, which was unable to find a buyer for its…
Sharvain Facades goes into voluntary administration MSN Read the original article here
Last Updated:March 17, 2025, 10:37 IST Ola Electric Mobility’s shares dropped 3.8% following the disclosure of an insolvency petition filed against its subsidiary, Ola Electric Technologies Ola Electric Scooter. (File photo) Ola Electric Shares: Shares of Ola Electric Mobility fell 3.8%, hitting an intraday low of Rs 48.61 on the BSE on Monday, March 17,…