The bankruptcy court in Mumbai has allowed an application filed by the liquidator of Gitanjali Gems to exclude about 260 days from the liquidation process of fugitive diamantaire Mehul Choksi-promoted firm’s liquidation process. The company’s liquidator Santanu T Ray has sought exclusion for almost nine months due to ongoing investigations and proceedings under the PMLA…
New Delhi: Insolvency process against Coffee Day Enterprises Ltd (CDEL), which owns the Cafe Coffee Day chain, has resumed as appellate tribunal NCLAT could not pass the order within the specified deadline of February 21, set by the Supreme Court. Last week, the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) completed the…
Beston to be liquidated after last ditch rescue bids fails The Weekly Times Read the original article here
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Trump Live Updates: Elon Musk’s Federal Worker Ultimatum, Macron’s White House Visit and More The New York Times Read the original article here
The Tribunal viewed that when section 42 of the code provided a clear remedy against the rejection or acceptance of the claims by the liquidator which has not been availed of, the Appellant cannot now seek the same relief by invoking the provisions of 60(5) of the code The National Company Law Appellate Tribunal (NCLAT)…
Seafarms Group Supports Transition of Project Sea Dragon to Voluntary Administration TipRanks Read the original article here
Update: Joann Fabrics to Close All Locations Nationwide, Including Hesperia Store Victor Valley News – VVNG Read the original article here
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News | Crafts chain Joann will now shut all its stores in liquidation CoStar Group Read the original article here