NCLT initiates insolvency proceedings against Ansal API over debt dispute – Prop News Time
NCLT initiates insolvency proceedings against Ansal API over debt dispute Prop News Time Read the original article here
East Imperial owes $22.2m as liquidators forgo chasing foreign debtors
The liquidator’s report shows that East Imperial owes an estimated $22.2 million to creditors before the costs of liquidation. Inland Revenue is the sole preferential creditor and is owed roughly $213,000, with secured creditors owed $60k, although a distribution of $60,112 has been made. A further $604k is owed to unsecured creditors based on claims…
Aussie patients offered dubious cannabis grown by liquidated Chch firm
Cannabis of questionable quality grown by a Christchurch company in liquidation is being sold in Australia at record low prices. Aether Pacific Pharmaceuticals, formerly known as Medical Kiwi, was placed into liquidation earlier this month with creditors claiming more than $8.7 million. Subscribe to continue reading Already have an account? Sign In. Unlimited access Newsroom…
Intersport Spain seeks voluntary administration to ensure business continuity
Translated by Nazia BIBI KEENOO Published February 27, 2025 … Read the original article here
Casting agency to Doctor Who and Peaky Blinders being liquidated – Wales Online
Casting agency to Doctor Who and Peaky Blinders being liquidated Wales Online Read the original article here
NCLT Approves ACME Cleantech’s Resolution Plan For Reliance Big Private Limited
The Tribunal noted that the CoC had approved the plan with a 100% majority after considering concerns regarding compliance and inter-se distribution. The Resolution Plan for Reliance Big Private Limited, which was submitted by ACME Cleantech Solutions Private Limited, has been authorized by the National Company Law Tribunal (NCLT), Mumbai bench, which is composed of…
Intersport Spain seeks voluntary administration to ensure business continuity
Translated by Nazia BIBI KEENOO Published February 27, 2025 … Read the original article here
Intersport Spain seeks voluntary administration to ensure business continuity
Translated by Nazia BIBI KEENOO Published February 27, 2025 … Read the original article here
Is Strategy on the Brink of Forced Bitcoin Liquidation?
Is forced liquidation looming for Bitcoin’s biggest corporate believer? Strategy’s stock is crumbling, Bitcoin is struggling, and debt is piling up. Could the company’s aggressive strategy backfire? Forced liquidation fears explode For months, Strategy (formerly MicroStrategy) had been riding high, propelled by Bitcoin’s (BTC) relentless rally and renewed optimism in crypto markets following pro-crypto Donald…
B. Riley Secures $160M Oaktree Financing, Joins $2B JOANN Liquidation Venture
Retires Nomura Senior Secured Credit Facility Makes Strategic Investment and Loan in Joint Venture Overseeing JOANN’s Liquidation LOS ANGELES, Feb. 27, 2025 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ: RILY) (“B. Riley” or the “Company”), a diversified financial services company, today announced that it has entered into a new $160 million senior secured debt facility…