SpiceJet has received some relief in its insolvency battle after the National Company Law Tribunal (NCLT) allowed aircraft lessor Aviator ML to withdraw its insolvency plea against the airline following a settlement between the two sides. However, the tribunal also imposed a fine on both SpiceJet and Aviator ML for informing it about the settlement…
Bobble AI is facing a formal insolvency process after its operating company, Talent Unlimited Online Services Private Limited, was admitted into the Corporate Insolvency Resolution Process by the National Company Law Tribunal (NCLT), New Delhi. The development was first reported by Entrackr, based on regulatory filings and records available with the Registrar of Companies. At…
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Reading Time: 2 minutes Liquidators are investigating whether produce company Kiwi Crunch Exports Ltd traded while it was insolvent. The Hawke’s Bay-based company was placed in both liquidation and receivership on August 11. In their first report, liquidators Raymond Cox and Gareth Hoole from ECOVIS KGA, said they are investigating whether Kiwi Crunch traded while…
In the first instalment of this series, ‘Crossroads: A Guide to Corporate Distress in the Cayman Islands’, we explored statutory demands and one of the tools available to creditors seeking payment of outstanding debts. However, not every company reaches the end of its life due to financial difficulties, disputes or insolvency. In fact, most Cayman…
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Gravitilab UK goes bust | Advanced Television Gravitilab UK goes bust August 19, 2026 By Chris Forrester … Read the original article here
Ganado Advocates Wednesday, 19 August 2026, 07:32 Last update: about 9 minutes ago A company can only act through its organs. Its board of directors manages it, and the shareholders (through the general meeting) appoint the board. Where a director’s seat is vacated, a new director…
Wells Fargo & Company Declares Cash Dividends on Preferred Stock wellsfargo.com Read the original article here