Hindusthan National Glass and Industries (HNGIL) has issued a default notice to B9 Beverages under Section 8 of the Insolvency and Bankruptcy Code for alleged unpaid dues of ₹11.77 crore, PTI reported today. HNGIL is an operational creditor of B9 Beverages, it added. This is a mandatory step before filing an application for commencement of…
B9 Beverages, maker of India’s first craft beer is facing bankruptcy. Only in July it heaved a sigh of relief after protracted legal wrangling when promoter Ankur Jain was made to quit B9 Beverages under pressure from lenders and employees. But now new trouble has cropped up. … Read the original article here
Orchard company with huge debts ‘may well have traded insolvently’ Stuff Read the original article here
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A North Yorkshire business has gone into liquidation owing more than £500,000. Yorkshire Exhibition Solutions of 23 Victoria Avenue, Harrogate, entered voluntary liquidation, following a vote to wind up the business. Leeds-based Clough Corporate Solutions were subsequently appointed liquidator. Companies House lists Robert James Wilcock and Jemma Louise Wilcock as the company’s only directors. RECOMMENDED…
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Sydney Housing construction giant Bathla Group Enters Administration with Over $3 Billion in Debt Sydney Times Read the original article here
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