Adani & JSW among big names lining up for insolvent supply chain and logistics infrastructure firm Arshiya

Mumbai: A diverse group of companies including Adani Ports and Special Economic Zone, JSW Infrastructure, Horizon Industrial Parks and Transindia Real Estate Ltd have shown interest in acquiring listed supply chain and logistics infrastructure firm Arshiya Ltd, which is undergoing a corporate insolvency resolution process.Investors such as Authum Investment & Infrastructure Ltd, Dickey Alternative Investment…

Liberated Begins Liquidating Billabong, Quiksilver, Volcom, Honolua Stores

Liberated Brands began liquidation sales at its U.S.-based retail fleet Thursday, including many Volcom, Quiksilver, Billabong, Honolua and RVCA stores. The company is working with retail liquidation experts Gordon Brothers on the process, SESO has learned. Liberated operates about 100 stores in the region after adding former Boardriders-owned stores to its existing Volcom store fleet.…

KAIJU! Emerge From Administration – The Crafty Pint

KAIJU! Beer have emerged from voluntary administration after creditors unanimously approved a Deed of Company Arrangement put forward by the founders. It means Callum and Nat Reeves will keep control of the brewery they launched with their family, with Callum saying in a media statement that they were excited about the opportunities ahead for the indie brewery. …

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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…

Supreme Court Mandates CCI Approval Before Insolvency Resolution Plans Involving Mergers

New Delhi, Jan 30 (KNN) In a game-changing ruling, India’s Supreme Court has significantly altered the country’s insolvency landscape by mandating that any Resolution Plan involving mergers or acquisitions (termed “combinations”) must first obtain approval from the Competition Commission of India (CCI) before being reviewed by the Committee of Creditors (CoC). This decision, passed by…