Reliance Big Creditors Get Just Rs3.5 Crore Out of Rs483 Crore Debt as NCLT Approves Resolution Plan Moneylife Read the original article here
Genesis interested in buying SolarZero, but there are caveats BusinessDesk Read the original article here
The National Company Law Tribunal (NCLT) has admitted the application for commencement of corporate insolvency resolution process against AVIOM India Housing Finance. Company Value Change %Change On January 27, the Reserve Bank had superseded the board of AVIOM owing to governance concerns and defaults in meeting various payment obligations, and appointed Ram Kumar, ex-CGM of…
Massive ‘liquidation sale’ as shoppers flock to Galway business Galway Beo Read the original article here
Shuang Yun Holdings Faces Liquidation and Potential Delisting TipRanks Read the original article here
Bankruptcy trustee for B.C.-based Epicure has sold $4.2M of products – Business News Castanet.net Read the original article here
The receivers appointment on 19 February occurred alongside FSG’s board resolving to appoint Barry Wright and Daniel Juratowitch of Cor Cordis as voluntary administrators. Control of the group now rests with the receivers who intend to continue to trade on a business-as-usual basis while pursuing sale options or a recapitalisation through the voluntary administration process. …
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Number of provisions have been altered by the 2016 Amendments to the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations Through Notification No. IBBI/2024-25/GN/REG122, dated 03.02.2025, the Insolvency and Bankruptcy Board of India ( IBBI ) has proposed changes to the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The purpose of these modifications…
New Look to close 26 Irish stores amid running losses and liquidation challenges Apparel Resources Read the original article here