Burger chain eyes Christchurch, despite owner having 10 companies in liquidation – The Press
Burger chain eyes Christchurch, despite owner having 10 companies in liquidation The Press Read the original article here
Insolvency professional takes charge at JCT Ltd as workers’ hope renewed
In a significant development in the corporate insolvency proceedings of Jagatjit Cotton Textile Mills (JCT) Ltd, Insolvency professional Hasti Mal Kachhara officially assumed charge of the company’s affairs on Friday at its Phagwara premises. Appointed by the National Company Law Tribunal (NCLT), Mr. Kachhara arrived with his resolution team, marking the formal start of efforts…
NCLT directs insolvency against Gensol, Gensol EV Lease; appoints IRP – Deccan Herald
NCLT directs insolvency against Gensol, Gensol EV Lease; appoints IRP Deccan Herald Read the original article here
NCLT admits insolvency plea against Gensol Engineering
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has admitted an insolvency petition against Gensol Engineering Limited filed by state-owned lender Indian Renewable Energy Development Agency Limited (IREDA). The petition cites a massive default of ₹510.10 Crore on loan facilities extended for various solar and electric vehicle (EV) projects. Key Findings of the Tribunal Proven Debt & Default: The NCLT Bench,…
NCLT directs insolvency against Gensol, Gensol EV Lease; appoints IRP – MSN
NCLT directs insolvency against Gensol, Gensol EV Lease; appoints IRP MSN Read the original article here
MBK Partners selling struggling Korean retail chain Homeplus
(June 13): South Korea’s troubled retail chain Homeplus Co opened itself up to a takeover as its private equity owners seek to avoid the firm’s liquidation. MBK Partners Ltd is seeking to find a buyer for Homeplus after a recent review showed the company’s liquidation value exceeds its going-concern value, according to an MBK Partners…
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NCLT Admits Insolvency Against Gensol Engineering Over Rs 510 Cr Loan Default – outlookbusiness.com
NCLT Admits Insolvency Against Gensol Engineering Over Rs 510 Cr Loan Default outlookbusiness.com Read the original article here
Liquidators urge customers to get in touch after Stirling pram store closure
Staff and expectant mums were caught off guard after the established Stirling business went into liquidation Stirling Pram, most recently operating from STEP’s business park in Stirling, closed its doors suddenly Liquidators dealing with the fallout after a Stirling city centre pram business collapsed are asking worried customers to get in touch. Mums-to-be were left…
Highly rated Co Down seafood restaurant on the market after court approves liquidation order – The Irish News
A highly rated south Down seafood restaurant is on the market just weeks after a court approved an application to wind up the business. The Harbour Inn, located in the village of Annalong, had been operated by the award winning chef Trevor Orr for the past decade. Originally recruited as head chef in 2014, the…