In a recent judgment, the National Company Law Appellate Tribunal (NCLAT) overturned an order by the National Company Law Tribunal (NCLT), Chandigarh Bench, directing Punjab National Bank (PNB) to refund ₹4.50 crore to the liquidation estate of Vegan Colloids Ltd. The ruling reinforces the primacy of the Insolvency and Bankruptcy Code (IBC), 2016, in ensuring…
The company that owns the Village Green Shopping Centre is owed roughly $283,000 from The Bay. Smaller amounts are owed to the City of Vernon and a local plumbing company Hudson’s Bay, Canada’s oldest company, is in the process of liquidating almost all of its department stores, and creditors for its Vernon location have been…
The company that owns the Village Green Shopping Centre is owed roughly $283,000 from The Bay. Smaller amounts are owed to the City of Vernon and a local plumbing company Hudson’s Bay, Canada’s oldest company, is in the process of liquidating almost all of its department stores, and creditors for its Vernon location have been…
After bankruptcy, retail chain liquidates stores, seeks buyer TheStreet Read the original article here
The company that owns the Village Green Shopping Centre is owed roughly $283,000 from The Bay. Smaller amounts are owed to the City of Vernon and a local plumbing company Hudson’s Bay, Canada’s oldest company, is in the process of liquidating almost all of its department stores, and creditors for its Vernon location have been…
Jetline Travel enters administration itij.com Read the original article here
BENGALURU : Granting limited indulgence, the Karnataka High Court Thursday passed an interim order directing the Resolution Professional in the M/s Think and Learn Private Limited, i.e., Byju’s case, to preserve all the emails of conversations between all the stakeholders in the case at hand. These emails would be required for the Corporate Insolvency Resolution…
1 COMM SYSTEMS LIMITED 100WATT DESIGN LIMITED 1016 DEVELOPMENTS LIMITED 10761645 LTD 11220212 LTD 11557975 LTD 141 PARK LANE LIMITED 1CSS LTD 21ST CENTURY WASTE SOLUTIONS LTD 2ASB LTD 2MANYWINES LTD 3P EFFECTS DECORATING LTD 4M BUSINESS LIMITED 500 HAVERSTOCK HILL LIMITED 500 LONDON LIMITED 500 NOTTING HILL GATE LIMITED 500 PORTOBELLO ROAD LIMITED 56…
Autostrade Meridionali S.p.A. Approves Interim Liquidation Balance and Remuneration Policy TipRanks Read the original article here
Eternal, the company that owns the food‑delivery giant Zomato, has begun liquidating Zomato Netherlands B.V., a step‑down subsidiary with no active business and a net worth of about Rs 32 lakh. In a filing with the stock exchanges, the company said the unit “is not a material subsidiary,” so closing it will not affect revenue. The…