Appeal court upholds Cytonn liquidation to recover Sh11bn assets – Business Daily
Appeal court upholds Cytonn liquidation to recover Sh11bn assets Business Daily Read the original article here
Planet Marathi OTT Enters Insolvency: IRP Takes Over Amid Financial Turmoil
Insider reports reveal that the company’s Mumbai office has been shuttered since last year, with the bulk of its workforce having departed. In a pivotal ruling, the National Company Law Tribunal (NCLT) Mumbai Bench-VI has placed Planet Marathi Seller Services Private Limited (PMSSPL) into the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy…
NCLAT Affirms NCLT’s Dismissal of Appeals [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has affirmed the dismissal of appeals filed by the appellants against the rejection of their claims in the corporate insolvency resolution process (CIRP) of Monarch Brookfields LLP. The appellants had challenged orders of the National Company Law Tribunal (NCLT), Mumbai, which refused to admit…
The Crypto Market Meltdown Has Erased $1 Trillion in Value Since October
Bitcoin cratered on Thursday, falling sharply alongside other risk assets after the stock market saw a huge reversal following an earlier rally. The latest downward moves in crypto have now erased more than $1 trillion in market value since early October, when the crypto market cap was about $4.2 trillion. On Thursday, that figure was…
Crypto liquidations near $2 billion as bitcoin rout deepens
Crypto markets faced another massive washout on Friday, with almost $2 billion in leveraged positions liquidated as Bitcoin plunged as low as $82,000. The collapse pushed total crypto market capitalization down to roughly $2.9 trillion, marking its first break below the $3 trillion threshold since spring. CoinGlass data shows that more than 396,000 traders were…
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REVEALED: Latest business liquidations in Logan – The Courier Mail
REVEALED: Latest business liquidations in Logan The Courier Mail Read the original article here
Couple left in lurch after $600k liquidation of tiny home business – Stuff
Couple left in lurch after $600k liquidation of tiny home business Stuff Read the original article here