The Supreme Court has held that a Committee of Creditors (CoC) cannot withdraw its approval to a resolution plan merely because the corporate debtor’s financial position improves while the plan awaits approval from the National Company Law Tribunal (NCLT). The Bench of Justice J.B. Pardiwala and Justice K. Vinod Chandran ruled that a resolution plan…
Putin touts climate for Western firms after nationalizing Nestlé and Auchan The New Voice of Ukraine Read the original article here
Quality Bites, established in May 2013, was a halal frozen food brand that offered a range of ethnic frozen foods including samosas, kebabs, and crispy chicken. The company described itself as “one of the leading manufacturers of ethnic foods in the UK”. Quality Bites worked with retailers, wholesalers, and distributors nationwide, supplying products to more than…
Quality Bites, established in May 2013, was a halal frozen food brand that offered a range of ethnic frozen foods including samosas, kebabs, and crispy chicken. The company described itself as “one of the leading manufacturers of ethnic foods in the UK”. Quality Bites worked with retailers, wholesalers, and distributors nationwide, supplying products to more than…
Torsion Projects Limited, based in Leeds, specialised in the delivery of care home schemes across the UK. It was incorporated in 2015 and employed 54 members of staff, having been a part of the wider Torsion Group. Torsion Projects enters administration after 11 years PROJECT UPDATE: Lancaster Wharf, Birmingham Our 23-story, 266-apartment development. Façade work…
VXL Instruments adjourns 39th AGM due to lack of quorum scanx.trade Read the original article here
AS Painting Contractors of 20, Esplanade was incorporated in 2019 and went into voluntary administration on September 9. Companies House lists Aaron Simpson, Andrew Simpson and Beverley Simpson as its directors. Gateshead-based KRE (North) Ltd were appointed liquidators, and they have produced a report detailing the company’s finances known as a statement of affairs. RECOMMENDED…
Jaypee Group’s Rise and Fall: The Untold Story of Land Deals and Corporate Collapse By Anurag Tiwari | Business Connect Magazine Introduction: The Beginning of a Controversial Land Battle It was May 7, 2011. In Bhatta Parsaul village in Greater Noida, Uttar Pradesh, farmers had been protesting for nearly four to five months. Their demand…
Punters assured as Amused Group enters administration amid speculation it owes millions to racing Betsy.com.au Read the original article here
ASX listed financial services Group Finexia has confirmed that Shared Beginnings, its early learning subsidiary, has been placed in voluntary administration. The Group, which consists of seven centres located across Queensland (2), Victoria (3) and the ACT (2) and traded under the Shared Beginnings brand originally came under Finexia’s stewardship after the collapse of Genius Early Learning…