Zomato shares zoomed in the intraday trading session on Tuesday, March 14. This comes to pass after some major developments surrounding the company. Zomato’s Unpaid Dues After a major insolvency plea against Ola Electric last week, another company has come under the scanner for the same reason. Nona Lifestyle, a Gurgoan-based uniform supplier, moved the…
Home Business Bad news for Deepinder Goyal as Zomato faces insolvency plea over alleged Rs 16400000 dues, company is… Currently, the market cap of Zomato stands at Rs 1.85 lakh crore, as of March 18. Bad news for Deepinder Goyal as Zomato faces insolvency plea over alleged Rs 16400000 dues, company is… Food delivery giant…
Hudson’s Bay liquidation of all stores could start as soon as Tuesday MSN Read the original article here
Zomato faces an insolvency plea from Nona Lifestyle over alleged unpaid dues of Rs 1.64 crore. The NCLT has adjourned the case to April 3 for further clarification. Zomato has rejected these claims, stating that Nona Lifestyle repeatedly missed agreed-upon delivery deadlines, resulting in penalties as per their contract. Food delivery giant Zomato is facing…
Shoppers say it’s sad to see what’s happened to the venerable Canadian department store Hudson’s Bay. Canada’s oldest company is waiting for court approval on a full liquidation, which could begin a few days from now and last for up to 12 weeks, but Hudson’s Bay is still holding out hope that it will find…
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More than 350 locations will undergo liquidation sales as Forever 21 begins the bankruptcy process. WASHINGTON — More than 350 Forever 21 clothing stores are beginning liquidation sales across the country as the company files for Chapter 11 bankruptcy protection amid declining mall traffic in the U.S. According to bankruptcy paperwork filed Monday by F21…
Hudson’s Bay at Pen Centre faces closure as company prepares for liquidation Niagara This Week Read the original article here
Sharvain Facades goes into voluntary administration MSN Read the original article here