NCLAT modifies insolvency order against Vatika, confines it to Gurugram-based Project Aspirations realty.economictimes.indiatimes.com Read the original article here
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Cotton On clarifies Asia operations unchanged amid misleading reports on Singapore entity liquidation The Online Citizen Read the original article here
Cotton On Singapore is not closing stores. On March 31, the group said reports of an Asia exit were misleading. A members’ voluntary liquidation applies to an inactive holding entity, not the operating companies. Shops, staff, and suppliers remain unaffected. For Singapore, where the brand runs more than 30 outlets, this clarification eases concerns about…
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Cotton On says not closing stores or exiting Asia, liquidated entity was inactive holding company AsiaOne Read the original article here
Cotton On has denied speculation that it is exiting Asia, after a notice triggered reports that the fashion retailer was closing its operations in the region. On 30 March, a notice published in the Government Gazette stated that Cotton On Asia had entered members’ voluntary liquidation under Singapore’s Insolvency, Restructuring and Dissolution Act 2018. The…
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