Infosys previously had plans to sell the e-commerce firm in 2019 but had it declassified as “held for sale.” The software company instead opted to repurpose the firm’s business as they didn’t expect a sale to materialise in the expected time period. Together, these assets amounted to Rs 2,060 crore (or $316 million), and liabilities…
New Delhi: The Committee of Creditors (CoC) of the bankrupt airline Go First has voted to appoint Dinkar Venkatasubramanian as the liquidator for the airline’s liquidation proceedings. The resolution professional counsel submitted the CoC’s recommendation to the National Company Law Tribunal (NCLT) for approval on Thursday. However, the NCLT did not pass the approval order…
The Taxpayers’ Union has criticised the Govenment’s investment loss in SolarZero, a solar energy company that went into liquidation calling it a “disgraceful waste.” The investment was made by the Crown-owned New Zealand Green Investment Finance (NZGIF), a fund established in 2019 under the Labour-led government of Prime Minister Jacinda Ardern to support low-emission projects.…
Update Energica: liquidation in progress | thepack.news | THE PACK – Electric motorcycle news We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkRead more Read the original article here
Hellenic Dynamics Hellenic Dynamics is facing down its second petition for compulsory liquidation this year as it continues to endure funding delays. This week, Hellenic published an update to investors stating that a new petition for compulsory liquidation had been filed on November 01 by a shareholder. According to the petition, which is now due…
Ex-Chinese autonomous truck CEO urges $450m firm liquidation Tech in Asia Read the original article here
Aussies scoop up cheap gifts from sports company liquidation Illawarra Mercury Read the original article here
The counsel for resolution professional of debt-ridden Go First told the Delhi bench of the National Company Law Tribunal on Thursday that its committee of creditors has approved the name of Dinkar Venkatasubramanian as the liquidator of the airline. The tribunal asked the counsel to amend its prayer in its petition where they had earlier…
Beacon Energy Navigates Subsidiary Liquidation with Future Plans TipRanks Read the original article here
Aussies scoop up cheap gifts from sports company liquidation The Canberra Times Read the original article here