Shares of Coffee Day Enterprises jumped 20 percent to hit the upper circuit at Rs 25.65 apiece on March 3, after an exchange filing on February 28 said that the Chennai-bench of National Company Law Appellate Tribunal (NCLAT) has ruled in its favour, dismissing the bankruptcy plea against the company by IDBI Trusteeship involving a Rs…
Insolvency firm’s advice for small business directors MSN Read the original article here
S’pore-registered companies forced to wind up hit 15-year high in 2024: MinLaw data The Straits Times Read the original article here
In August last year, the Bengaluru Bench of the NCLT had ordered insolvency proceedings against CDEL while hearing a petition filed by its financial creditor IDBI Trusteeship Services Limited (IDBITSL) over an alleged non-payment of dues of ₹228 crore. The tribunal had ordered to appoint an interim resolution professional to take care of the operation of the debt-ridden…
Elaine Wilkins, from Antony Batty & Company, said directors often find themselves in a cycle of liquidation and business restart. She said: “‘What am I going to do for work if I have to liquidate my company?’ is a question I am frequently asked by directors seeking to start anew after a liquidation. “I always…
Learn more about the construction companies that have fallen into administration after tough times in 2025 2025 poses its own challenges for the construction industry- the UK economy forecasts modest growth, whilst rising international tensions put strain on supply chains. 16% of companies that filed for administration in 2022 were in the construction industry, dropping…
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Australia’s retail industry has been hit by another blow with major chain Ally Fashion collapsing and up to 185 stores across Australia impacted. It is understood the fashion chain has more than 1000 staff. News.com.au can reveal that the retailer was ordered to be wound up by the Federal Court of Australia on Friday due…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…