The agreement provided that in case of a delay in payment, NMRC would be liable to pay compound interest at the rate of 9 per cent per day. The NCLT has dismissed an insolvency petition filed by Empire Transport Services Ltd (ETSL) against Noida Metro Rail Corporation observing that there were ‘genuine’ pre-existing disputes between…
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Liquidation plan at FREIT (OTC: FREVS) targets $24.44–$30.03 per share Stock Titan Read the original article here
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported second-quarter results for the three months ended April 30, 2026, with revenue of $7.63M, net income attributable to common equity of $0.616M and diluted EPS of $0.08. Revenue rose modestly year‑over‑year while net income and EPS declined versus the year‑ago quarter. Financial Highlights Revenue: $7.63M…
First Real Estate Investment reported results for the fiscal quarter ended April 30, 2026, with total real estate revenue of approximately $7.6 million and GAAP net income attributable to common equity of $0.6 million, or $0.08 per share. Adjusted funds from operations (AFFO) were $1.21 million, or $0.16 per share, for the quarter. The company’s…
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Huntingdon-based packaging company enters liquidation after just two-and-a-half years of trading Peterborough Telegraph Read the original article here
Childrenswear brand Tutto Piccolo goes into liquidation after insolvency proceedings FashionNetwork India Read the original article here
Byron Bay Bluesfest may have been trading while insolvent for months before it collapsed, according to a new report from the liquidator. The iconic northern New South Wales music festival, which had been running for more than 30 years, went into liquidation in March with debts exceeding $10 million. Of that, $7.4 million is owed…
On 8 June 2026, the Insolvency and Bankruptcy Board of India notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2026 to amend the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. All you need to know about the amendment: A…