DFS Secretary Shri M. Nagaraju chairs review meetings to address key operational challenges and enhance efficiency of resolution mechanisms through NARCL and NCLT PIB Read the original article here
NCLAT dismisses Jaiprakash Associates’ plea, upholds insolvency proceedings Prop News Time Read the original article here
Company behind 120-unit QT development faces liquidation BusinessDesk Read the original article here
IBBI has proposed a Creditor-Led Resolution Process, or CLRP, as a new approach to address challenges in corporate insolvency read more The Insolvency and Bankruptcy Board of India (IBBI), recognising the growing need for an out-of-court resolution mechanism within the existing insolvency framework, has proposed a Creditor-Led Resolution Process (CLRP) as an alternative model for…
INPS supplies the Vision clinical IT system used by the majority of GP practices in Scotland. READ MORE: Those currently using alternative systems such as EMIS are also in the process of transitioning to Vision, throwing up uncertainty as to whether GP practices will have to find a replacement supplier if the company cannot be rescued. Cegedim…
Last week, it was announced that IH Sydney had been placed into voluntary administration, citing the ongoing uncertainty surrounding the ESOS Amendment Bill, the impact of Ministerial Direction 107, and the rising costs of visa fees as contributing factors. Now, it has been revealed that the VET and ELICOS provider has ceased operations, as of…
Plantify Foods Begins Liquidation of Subsidiary Amidst Challenges TipRanks Read the original article here
Vancouver, British Columbia – TheNewswire – December 11, 2024 – Plantify Foods, Inc. (TSXV: PTFY) (“Plantify Foods” or the “Company“) reports that its wholly owned subsidiary, Peas of Bean Ltd. (“POB”), has filed a request (file number 28001/12/24) (the “Request”) with the district court of Nof Hagalil-Nazareth, Israel (the “Court”) to open proceedings in accordance with the…
YHA goes into liquidation Stuff Read the original article here
(Bloomberg) — An arm of gym chain Physical Beauty & Fitness received a liquidation petition from a major mall operator in the city, following the shuttering of its branches earlier this year. The wind-up petition against Physical Health Centre (TST) Ltd. was filed by Link Properties Ltd., according to a court document dated Dec. 6,…