Plant-based food manufacturer Sustainable Foods now in liquidation – Waikato Times
Plant-based food manufacturer Sustainable Foods now in liquidation Waikato Times Read the original article here
‘Big shock’: SolarZero CEO speaks out on liquidation – Stuff
‘Big shock’: SolarZero CEO speaks out on liquidation Stuff Read the original article here
Dr Michelle Dickinson’s Nanogirl Labs in liquidation
Global education design company Nanogirl Labs, founded by Kiwi couple Michelle Dickinson and Joe Davis, has gone into liquidation. Nanogirl Labs was placed into liquidation as funding for science education dried up, BusinessDesk reported. “Michelle and I and the amazing people who’ve worked with us over the last eight years have poured our heart and…
NCLAT Dismisses Petition for Insolvency Proceedings Against Amazon Wholesale (India)
New Delhi, Nov 27 (KNN) In a pivotal decision, the National Company Law Appellate Tribunal (NCLAT) Delhi has dismissed the petition seeking to initiate insolvency proceedings against Amazon Wholesale (India). The appellate tribunal upheld the earlier ruling by the National Company Law Tribunal (NCLT), which in March 2023 had rejected the insolvency plea filed by Multiplier…
SolarZero hits a big BlackRock – BusinessDesk
SolarZero hits a big BlackRock BusinessDesk Read the original article here
Raheja Developers appeals against insolvency ruling amidst delivery defaults in Gurugram project
Raheja Developers filed an appeal with the National Company Law Appellate Tribunal (NCLAT) to contest the initiation of insolvency proceedings against the company due to defaults related to the non-delivery of its Shilas project in Gurugram. This follows the Principal Bench of the National Company Law Tribunal (NCLT) admitting a petition from over 40 flat…
NCLT appoints Satish Kumar Gupta as liquidator, ET LegalWorld
Highlights Satish Kumar Gupta has been appointed as the liquidator of Jet Airways India Limited. The NCLT has lifted the moratorium imposed on Jet Airways. The NCLT has ordered the liquidation of Jet Airways, following a plea by the Jet Airways Cabin Crew Association. The National Company Law Tribunal, Mumbai has appointed Satish Kumar Gupta…
TuSimple co-founder demands liquidation, sues company for control of his shares
Xiaodi Hou, the co-founder and former CEO of self-driving truck startup TuSimple, is demanding that the board immediately liquidate the company and return all remaining funds – roughly $450 million – to shareholders “on a pure pro-rata basis, regardless of share class,” according to a letter that TechCrunch has viewed. Hou is also suing TuSimple…
Australia Post small business advisory board liquidated and reworked as licensees face downturn
Australia Post is changing the way it negotiates with its small business licensees, after quietly liquidating the advisory forum it has used for more than 20 years. The government-owned postal giant now says it will ‘reinvigorate’ its relationship to thousands of licensed post office (LPO) operators. But some industry representatives fear it won’t do enough…
Resolution Cases Near 41K by September-End: NCLT
Chennai: A total of 40,943 cases have been filed with National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, till 30 September, 2024. Of this, 1068 cases under Corporate Insolvency Resolution Process were resolved and have realised Rs 3.55 lakh crore. Of the total 40,943 cases filed with NCLT, 2336 cases were filed…