Azerbaijani leasing company announces its liquidation

BAKU, Azerbaijan, December 7. Azerbaijan’s Micro Leasing and Factoring Limited Liability Company (LLC) has announced its liquidation, Trend reports via the “Taxes” online newspaper of the State Tax Service under the Ministry of Economy. The creditors were required to contact the following address within two months: AZ1122, Baku city, Yasamal district, Hasanbek Zardabi Ave., building…

Bombay HC Quashes ED’s Attachment Order Against V Hotels, Grants Relief Under IBC Immunity

Mumbai: In a major relief to V Hotels (formerly M/s. Tulip Hospitality Services Ltd), the Bombay High Court has quashed an attachment order issued by the Adjudicating Authority under the Prevention of Money Laundering Act (PMLA). This order followed a provisional attachment issued by the Enforcement Directorate (ED). V Hotels had challenged the provisional attachment…