New Delhi: Stressed companies ending up with liquidation orders under the insolvency law, including large ones, have had assets worth less than 5% of the amount they owe to their lenders, showed the bankruptcy regulator‘s data.This brings to the fore the question of due diligence by banks while lending, on top of value erosion caused…
Rites announces voluntary liquidation of Indian Railway Station Development Corporation Business Standard Read the original article here
Board of hydrogen truck maker Hyzon votes to dissolve loss-making company as money runs out Hydrogen Insight Read the original article here
14:22, 27 December 2024, Bishkek – 24.kg news agency , by Baktygul OSMONALIEVA Kara-Balta Passenger Motor Transport Company has announced its liquidation. The website of the Kyrgyz Stock Exchange says. An extraordinary meeting of shareholders of Kara-Balta Passenger Motor Transport Company OJSC was held, at which a decision was made to terminate the company’s activities. The quorum was 87.77 percent of the voting…
Over 1,400 businesses in South Africa shut their doors in 2024 – these were the hardest-hit BusinessTech Read the original article here
SDAI Limited Updates on Subsidiary Liquidation TipRanks Read the original article here
Bensons collapse adds to construction sector gloom The Australian Read the original article here
Restaurant in liquidation after 33 years in central Auckland Stuff Read the original article here
In 2023, Alabama had the highest personal bankruptcy filing rate in the United States. In Alabama 346.72 inhabitants per 100,000 had filed for bankruptcy. In comparison, Alaska had the lowest bankruptcy filing rate, where 25.77 inhabitants per 100,000 filed for bankruptcy. Filing for bankruptcy Bankruptcy is a legal process that occurs when a person, business,…
Landmark Cross-Border Insolvency Case Sees Court Vary Summons and Order Trustees to Pay Security for Costs Lexology Read the original article here