Busy Bee Airways Pvt Ltd, a company backed by EaseMyTrip co-founder Nishant Pitti and unsuccessful bidder for Go First (Mumbai International), is challenging the January 20 National Company Law Tribunal ruling allowing the liquidation of the low-cost carrier. As reported by CNBCTV 18, Busy Bee’s counsel, Apoorv Aggarwal, argues his client should be allowed to…
Data breaches and ransomware attacks in the US are increasing companies’ risk of financial losses, in many cases dragging them into bankruptcy or putting them out of business altogether. Data breaches cost companies across the world on average about $4.9 million, and nearly double that amount in the US, according to a 2024 study by…
Family’s ‘torturous’ four years of dealing with pool company Stuff Read the original article here
Indian Institute of Corporate Affairs (IICA) inaugurates sixth batch of its flagship Post Graduate Insolvency Programme (PGIP) PIB Read the original article here
After 39 years in business, high-end fashion retailer Harrolds was placed into liquidation earlier this month with debts of $http://www.businessnewsaustralia.com/12.5 million, but a message on the company’s website has alluded to a possible resurrection of the business. Andrew MacNeill, of SMB Advisory, was appointed liquidator to four subsidiaries of the Melbourne-based Harrolds Group on 3…
(Bloomberg) — Hong Kong gym chain Physical Beauty & Fitness Holdings Ltd. received a liquidation order in Hong Kong after the judge said the company is insolvent. The company’s assets, mainly gym and beauty equipment after adjustments, are worth just over HK$15 million ($1.9 million), Judge Linda Chan said at a court hearing on Monday.…
Hong Kong Gym Chain Physical Heads to Liquidation After Hearing Bloomberg Read the original article here
Hong Kong Gym Chain Physical Heads to Liquidation After Hearing Bloomberg Read the original article here
A High Court judge will decide whether the companies should be liquidated following a hearing scheduled for February 4. If liquidation occurs, liquidators’ reports should shed more light on the companies’ outstanding debts. In the meantime, Inland Revenue declined to comment. In a statement, Mills said he had spent the past eight months negotiating with…
Sky high lifeline for Rex Airlines 815ee3948d7958dc7ccd698b37780412 … Read the original article here