How Abengoa Group impacted the Spanish economy – EY
How Abengoa Group impacted the Spanish economy EY Read the original article here
‘Difficult decision’: Premium spa business sinks with $1.7m shortfall – The Press
‘Difficult decision’: Premium spa business sinks with $1.7m shortfall The Press Read the original article here
NCLT admits Aviom India Housing to insolvency resolution on RBI’s plea
On January 30, the RBI filed an application before the NCLT in New Delhi to initiate the CIRP under Section 227 and clause (zk) of sub-section (2) of Section 239 of the Insolvency and Bankruptcy Code (IBC) and the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority)…
Creditors take 99% haircut in Reliance Big insolvency resolution case
Financial creditors of Reliance Big Private Limited, formerly promoted by Anil Ambani, are set to face a 99% haircut as part of the approved resolution plan in its insolvency case. The National Company Law Tribunal (NCLT), Mumbai Bench, has given its nod to the resolution plan submitted by Manoj Kumar Upadhyay through his affiliate firm,…
Evergrande Subsidiary Faces Winding-Up Order Amid Continued Trading Suspension – TipRanks
Evergrande Subsidiary Faces Winding-Up Order Amid Continued Trading Suspension TipRanks Read the original article here
Haydale places “loss-making” US arm into corporate insolvency process – Insider Media
Haydale places “loss-making” US arm into corporate insolvency process Insider Media Read the original article here
Anil Ambani’s Reliance Big sold to AMCE Group for Rs 3.5 crore
The financial creditors of would take a 99.5% haircut in the resolution of erstwhile Anil Ambani-promoted Reliance Big Private Limited’s insolvency case. The National Company Law Tribunal (NCLT), Mumbai Bench, has approved the resolution plan submitted by Manoj Kumar Upadhyay through his affiliate firm ACME Cleantech Solutions Private for the revival of Reliance Big Private…
What we know so far about the dramatic Whyalla Steelworks administration – The New Daily
What we know so far about the dramatic Whyalla Steelworks administration The New Daily Read the original article here
Philly Shipyard ASA Announces Dividend and Liquidation – TipRanks
Philly Shipyard ASA Announces Dividend and Liquidation TipRanks Read the original article here
Ban for building firm directors
The former bosses of a building company which went into liquidation have been banned from being directors. Dorset Council Trading Standards has taken action against Samuel Conway, the former director of Nova Building and Developments, under part 8 of the Enterprise Act 2002. The authority’s trading standards team said it received numerous complaints regarding the…