For sharing news, please enter the email address of you and the receiver, then press SEND button. Enter email addresses, separated by semicolon (;). E.g. [email protected];[email protected] Dubai’s Largest Food Company IFFCO Enters Provisional Liquidation Dubai’s largest food company IFFCO is set to enter provisional liquidation after restructuring talks reached a stalemate, complicated by disputes among…
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NCLAT Rules in Favour of Embassy Developments, Sets Aside CIRP Admission and Closes Insolvency Proceedings scanx.trade Read the original article here
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New Delhi: Adani Group’s resolution plan for Jaiprakash Associates Limited (JAL) has received approval from the National Company Law Appellate Tribunal (NCLAT), which dismissed Vedanta’s appeal challenging the process. A Bench comprising Chairperson Justice (Retd.) Ashok Bhushan and Technical Member Barun Mitra upheld the earlier order of the National Company Law Tribunal (NCLT), and said…
New Delhi [India], May 4 : The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea filed by Vedanta in connection with the ongoing insolvency proceedings of Jaiprakash Associates Limited (JAL), bringing closure to a prolonged legal contest over the resolution process. While pronouncing its judgment, the appellate tribunal observed that it did not…
DALLAS, TX — The bright yellow planes that once defined budget travel in America are now permanently grounded. At 1:08 a.m. local time Saturday, May 2, 2026, Spirit Airlines flight NK1833 touched down at Dallas-Fort Worth International Airport from Detroit. It was the final commercial landing for a carrier that spent 34 years disrupting the…
A UK-based airline has abruptly ceased operations, cancelling all scheduled flights and entering liquidation after what insiders describe as ‘unsustainable fuel and operating costs’, leaving staff jobless and raising fresh concerns over the stability of the aviation sector with the ongoing fuel shortages due to the Iran war. The carrier, identified as Ascend Airways, halted…
Administrators have been appointed to a UK financial firm, an official notice has revealed. LCM Family Limited went into administration on April 28 after agreeing to a voluntary requirement with the Financial Conduct Authority (FCA). Louise Longley and Gary Shankland of BTG Begbies Traynor (Central) LLP were appointed as joint administrators of the firm, and…
The UK meat supplier company is facing a winding-up petition and has entered liquidation with an outstanding charge after being in business for a decade, it has been revealed 04:26, 04 May 2026Updated 04:26, 04 May 2026 The meat supplier has plunged into liquidation(Image: Getty Images) A UK meat supplier has plunged into liquidation after…