Workers at JCT Ltd, one of Punjab’s oldest textile manufacturers, have welcomed the National Company Law Tribunal’s (NCLT) decision to initiate the Corporate Insolvency Resolution Process (CIRP) against the debt-ridden company. Advertisement The ruling, issued by the Chandigarh bench of the Tribunal on Tuesday, marks a significant shift in the company’s management and raises hopes…
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Australian company The Shoe Group has expressed interest in a possible acquisition of Wittner and has entered into a period of exclusivity with the voluntary administrators. The Shoe Group’s chairman Ian Unwin said the business felt excited about the opportunity to bring Wittner into the group. Women’s shoe brand Wittner has become the latest retail…
Environmental Protection Authority tips fast-track-listed Energy Farms into liquidation BusinessDesk | NZ Read the original article here
Once celebrated as India’s most valuable startup, Byju’s has entered a dramatic phase of financial collapse. Amid bankruptcy proceedings in a Delaware court, the edtech giant has sold two of its high-profile U.S. acquisitions: Epic! and Tynker, for a combined $97.2 million (Rs. 831 Crores), a fraction of the nearly $700 million (Rs. 5987 Crores)…
Holiday-makers have been left thousands of dollars out of pocket — and others stranded overseas — following the collapse of an Australian travel company, prompting warnings from industry experts about the risks of booking through unaccredited agents. Melbourne-based Traveldream, which operated solely online, has been placed into administration, leaving customers scrambling for refunds on pre-paid…
SAN ANGELO, TX — A new liquidation store is preparing to open in San Angelo in a building that previously housed two nightclubs. Bin Deals, a discount retail store, is setting up shop at 2581 Sunset Drive in the former Concho Palace building, which was also once home to Midnight Rodeo. Signage posted at the…
Third Harmonic Bio Approves Liquidation and Dissolution Plan TipRanks Read the original article here
Association of Insolvency and Restructuring Advisors Announces CIRA Certification Award Winners cnhinews.com Read the original article here
Stockholders overwhelmingly approved liquidation and dissolution of the Company at the June 5, 2025 Annual Meeting Initial distribution currently expected in the range between approximately $5.30 and $5.35 per share of common stock, expected in the third quarter of 2025 THB335 demonstrated 85% serum tryptase reduction with an encouraging safety profile in an additional Phase…