Pride Group co-founders secure financing to buy a portion of the trucking business out of liquidation

Open this photo in gallery: Transport trucks near the Port of Vancouver.DARRYL DYCK/The Canadian Press Part of the original Pride Group Holdings Inc. trucking empire will live on after liquidation. The company’s original co-founders, brothers Sam and Jas Johal, have secured financing to repurchase Pride Group Logistics Ltd. for $54.5-million, according to a report from…

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IBBI Enhances Liquidation Process for Transparency & Efficiency: Rediff Moneynews

The Insolvency and Bankruptcy Board of India (IBBI) has amended regulations to improve the liquidation process, including streamlined auctions, enhanced reporting, and improved fund management. New Delhi, Feb 3 (PTI) The Insolvency and Bankruptcy Board has amended regulations on liquidation process to streamline the auction procedure, improving reporting requirements, and ensuring better fund management. The…