New Delhi, May 12 (PTI) The National Company Law Appellate Tribunal (NCLAT) has dismissed an insolvency petition against PepsiCo India Holdings after observing that provisions of IBC cannot be turned into a debt-recovery proceeding. The appellate insolvency tribunal has upheld the earlier order passed by the Chandigarh bench of the National Company Law Tribunal (NCLT),…
Troubled Christchurch preschool placed in liquidation The Press Read the original article here
Aussie brides await delivery of gowns as luxury bridal brand enters administration St George & Sutherland Shire Leader Read the original article here
Aussie brides await delivery of gowns as luxury bridal brand enters administration Glen Innes Examiner Read the original article here
One of the joint venture partners chosen to build Perth’s new maternity hospital has entered voluntary administration after months of uncertainty, but the Western Australian government is adamant the project remains on track. Global management firm FTI Consulting has been appointed to examine the financial position of builder Roberts Co and its parent entity, RCAH…
Updated May 14, 2025 22:04 IST Photo : ET Now Digital Rs 510 crore setback for BluSmart parent Gensol Engineering! What happened now – IREDA connection? IREDA-Gensol Engineering insolvency, bankruptcy plea: In just a month of capital market regulator SEBI’s interim order against Gensol Engineering , a lot has happened at and with the BluSmart…
Economic uncertainty often acts as a stress test for Canadian businesses. For some, it reveals opportunities to adapt and grow stronger. For others, it exposes vulnerabilities that were previously manageable in better times. For those on the edge, it can accelerate financial decline — especially when business leaders wait too long to respond.…
Shandong Fengxiang Updates on GMK Finance Liquidation Assets TipRanks Read the original article here
Indian green energy financier IREDA files bankruptcy petition against Gensol Engineering over a ₹510 crore loan default amid fund misuse allegations. IREDA Files Bankruptcy Plea Against GensolIn a formal application submitted on 14 May 2025, IREDA sought to initiate corporate insolvency resolution proceedings against Gensol Engineering under Section 7 of India’s Insolvency and Bankruptcy Code…
New Delhi: The state-run Indian Renewable Energy Development Agency (Ireda) on Wednesday filed an insolvency application against Gensol Engineering Ltd for a default of ₹510 crore, according to an exchange filing by the clean energy-focused lender. The development comes nearly three weeks after Ireda filed a complaint with the Economic Offences Wing (EOW) of the…