Mining giant Vedanta has sought the Competition Commission of India’s approval for its proposal to acquire 100% in stressed infrastructure firm Jaiprakash Associates (JAL). Vedanta has emerged as the highest bidder to acquire JAL under the corporate insolvency resolution process (CIRP) with a net present deal value of Rs 12,505 crore, beating Adani Group’s offer.…
Court orders throw Sh1bn Multiple Hauliers rescue deal into doubt Business Daily Read the original article here
Greenfold Systems Ltd (GSL) operated from Pitreavie Business Park, providing manufacturing and assembly services to the commercial vehicle sector. It entered liquidation in July, after a key contract with then troubled bus company Alexander Dennis Ltd (ADL) was withdrawn. ADL had announced intentions to close its Scottish operations in Falkirk and Larbert, with plans to…
Escalating debt of over £250k has forced healthier cookie start-up Jnck Bakery into voluntary liquidation. The move by the Wokingham-based company comes just seven months after smashing a crowdfunding target of £200k by 30% alongside £190k from private backers the year before. The latest £260k raise completed via the Crowdcube platform was aimed at supporting…
Job opportunities Celtic Leisure c£40, 0000pa + pension + benefits location: Port Talbot, Wales, United Kingdom JK Group UK & Ireland £Competitive salary + uncapped monthly OTE + car allowance location: Home-based, United Kingdom more jobs Box 12, supplier of boxing studios and programming, is going into voluntary liquidation, with Begbies Traynor Group appointed as…
REVEALED: Latest business liquidations in Toowoomba The Chronicle | The Chronicle Read the original article here
Food Chain’s $5.9m in unsecured claims won’t be paid, receivers say ThePost.co.nz Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
National Company Law Appellate Tribunal, New Delhi: In the present case, a company appeal was filed by the Regional P.F. Commissioner, Employees Provident Fund Organization (‘Appellant’), challenging the impugned order passed by the National Company Law Tribunal, Ahmedabad (‘Adjudicating Authority’), which had rejected an interim application seeking directions to release the payment of Provident Fund…
Precision Camshafts Limited has announced its decision to dispose of 100% shareholding in its material subsidiary by initiating insolvency proceedings. This move was decided during a board meeting held on September 8, 2025. The decision is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resolution involves the disposal…