Doha – Hassan Abkari, former Director General of Tanger Med Port Authority (TMPA), has liquidated the Spanish company that led to his dismissal. Following the revelation of his business activities in Valencia, Abkari has dissolved New Port Consulting 2024, the firm he established in one of Tanger Med’s competitor port cities. According to Economia Digital,…
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Renowned Fife bagpipe company RT Shepherd & Sons liquidated Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope.
NCLAT overrules NCLT’s liquidation order for Prabhat Technologies, citing natural justice violations in the case | Image Source: Wikipedia (Representative) Mumbai: The National Company Law Appellate Tribunal (NCLAT) has set aside an order of the Mumbai bench of the National Company Law Tribunal (NCLT) that had directed liquidation of Prabhat Technologies (India) Ltd. The appellate…
NCLT’s move reportedly came after a request was filed by Solicitor General Tushar Mehta, seeking restraint from issuing any directives. Mehta, who is representing the union government and other stakeholders, requested the NLCT bench to permit the former BPSL promoter to first identify and implead all necessary parties before the hearing is formally started. He…
A Glasgow-based water supplier has petitioned for another firm to be wound up. Clear Business Water Limited, located on Bothwell Street, submitted the petition at the Edinburgh Sheriff Court on April 23. The company is seeking the liquidation of Longscott Limited, which is registered in Edinburgh. The full public notice can be viewed at bit.ly/42VMvbu The petition…
The National Company Law Tribunal (NCLT) on Tuesday postponed the insolvency case of Bhushan Power & Steel Ltd (BPSL) to May 30, when it is likely to issue directions on a petition submitted by former promoter Sanjay Singal. This comes following a request by Solicitor General Tushar Mehta, who represents the union government and various…
Menhaden PLC to make first cash distribution post-liquidation By Investing.com Investing.com India Read the original article here
Menhaden PLC to make first cash distribution post-liquidation Investing.com Read the original article here
The Institute of Chartered Accountants of India (ICAI) has proposed a series of strategic reforms to strengthen the Insolvency and Bankruptcy Code (IBC), 2016, emphasising the need for stricter adherence to timelines and improved value realization in the Corporate Insolvency Resolution Process (CIRP). In its latest study, ICAI highlighted that while the IBC has significantly…