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Airline enters liquidation, cancels all flights PennLive.com Read the original article here
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In a determined effort to expedite insolvency resolutions, the Department of Financial Services Secretary M Nagaraju led a crucial review meeting on Monday. Officials from the DFS, heads of Public Sector Banks, and representatives from the Insolvency and Bankruptcy Board gathered to assess the progress of unresolved cases at the National Company Law Tribunal…
UK cargo company collapses leaving Evri parcels undelivered Oxford Mail Read the original article here
UK railway firm enters liquidation after 74 years with all operations stopped Stroud News and Journal Read the original article here
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A company which ruled over swathes of India has closed for a second time. The original East India Company was founded by Royal Charter in 1600 and continued until 1874 when it was dissolved by the British Government. In 2010, the company was revived by Indian entrepreneur, Sanjiv Mehta, who bought the rights to the…