CoC recommends EY honcho as new liquidator in Go First case

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…

“Disgraceful waste” Taxpayers’ Union criticises $115 million loss in SolarZero collapse

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.…

Synbiotic Acquires Greensby, Stenocare Offloads Cultivation Operations, & Hellenic Faces Second Liquidation Petition

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…