Thank you for reading this post, don’t forget to subscribe! The Supreme Court recorded Aakash Educational Services Ltd’s undertaking to secure 25.7% stake held by Byju’s parent company till NCLAT decides the dispute. The top court also granted time to Think & Learn Pvt Ltd to subscribe to the second tranche of the Rs 240…
Arshiya Limited Submits Delayed SEBI Compliance Certificate for Q3FY25 Amid Insolvency Proceedings scanx.trade Read the original article here
Blue Blends India Emerges from Insolvency, But Financial Shadows Linger Blue Blends (India) Limited has taken a significant step by officially exiting the Corporate Insolvency Resolution Process (CIRP) on December 6, 2024, and has since reported its unaudited financial results for the quarters ending June 30, September 30, and December 31, 2024. The company has…
The Indian Institute of Corporate Affairs (IICA) has renewed its Memorandum of Understanding (MoU) with NALSAR University of Law, Hyderabad, for another five years, strengthening their long-standing academic and research partnership. The MoU was formally signed by Shri Gyaneshwar Kumar Singh, Director General & CEO, IICA, and Prof. Srikrishna Deva Rao, Vice-Chancellor, NALSAR…
Rooftop Gardens Ltd, one of several companies involved in running the venue in Rose Lane, appointed liquidators on February 5. In total, the company owes creditors more than £2.6 million, including £1.8 million to its sole director and shareholder, Antonia Hillier, according to its statement of affairs on Companies House. The 50-year-old is also the…
Aban Offshore Navigates Complex Insolvency Path Amidst Settlement Hopes Aban Offshore Limited, a key player in India’s offshore drilling services sector, remains deep in its Corporate Insolvency Resolution Process (CIRP). The latest development comes from the National Company Law Appellate Tribunal (NCLAT), Chennai, which has pushed back a crucial hearing to March 27, 2026. This…
Restructuring our insolvent state-owned enterprises: A rescue from collapse The Business & Financial Times Read the original article here
Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 4% when compared to December 2025to 1,744 in January 2026, but 14% lower than the same month in the previous year (2,028 in January 2025). The insolvency data consisted of 256 compulsory liquidations, 1,323 creditors’…
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Choice International’s Material Subsidiary Declared Successful Resolution Applicant for Feedback Infra scanx.trade Read the original article here