Rolling stock withdrawal plans altered after Unimetal liquidation – Rail Magazine
Rolling stock withdrawal plans altered after Unimetal liquidation Rail Magazine Read the original article here
No Cookies | Daily Telegraph
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Oxford Blanchford business in liquidation after 87 years
Headington-based Blanchford Building Supplies closed down earlier this year after 87 years of trading after underperformance and a cash flow issue had rendered it unable to buy essential stock. Administrators were called and revealed Blanchford, which also had sites in Bicester, Wallingford, Princes Risborough and Haddenham, had racked up debts of more than £3.3m to…
Isle of Wight business Lighthouse Travel closes amid liquidation
Lighthouse Travel, previously Island Coach Services LTD, closed last month (November). In a statement on its now-shut down website, the business blamed the ‘economic climate’ for its closure. Before shutting, the company had provided school transport for the likes of Ryde School. It is described as an executive private hire and school contract provider on…
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NBFI liquidation sparks tension in stock market
It is a hard time to be a stock investor, especially if your money is tied up in banks and non-bank financial institutions (NBFIs). Sentiment had already been fragile after the merger of five banks wiped out an estimated Tk 4,500 crore in shareholder value, leaving many retail investors increasingly cautious. Now, with the regulator…
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Secretary, DFS chairs review meeting to discuss issues related to pending IBC cases at NCLT – pib.gov.in
Secretary, DFS chairs review meeting to discuss issues related to pending IBC cases at NCLT pib.gov.in Read the original article here
Big legal win for THIS Tata Group company! NCLAT rejects insolvency plea, upholds NCLT order – Details – Companies
NCLAT order came over a petition filed by Air Wave Technocrafts, which provided services for the operation and maintenance of HVAC systems to Voltas’ clients, seeking to initiate CIRP under Section 9 of the Insolvency and Bankruptcy Code. The NCLAT bench upheld the earlier rulings by the Mumbai bench of the National Company Law Tribunal…