Ketraco under pressure to pay Sh10bn contractor debt – Business Daily
Ketraco under pressure to pay Sh10bn contractor debt Business Daily Read the original article here
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OCBC files to wind up TT International
SINGAPORE – OCBC has filed a winding-up application against consumer electronics trader TT International, whose debts are being restructured under a scheme of arrangement. The company owes OCBC at least $21.7 million, according to a bourse filing by TT International on Nov 20. Of this sum, $21.5 million is in unsecured debt and around $294,000…
Company Behind pro-Qatar Campaign Linked to Netanyahu Aides Shuts Down
The Israeli company behind a pro-Qatari influence campaign devised by close aides to Israeli Prime Minister Benjamin Netanyahu – Israel Einhorn and Yonatan Urich – is shutting down, Haaretz has learned. The company, Koios, which worked to improve the Gulf nation’s image ahead of the 2022 FIFA World Cup, filed a request for voluntary liquidation…
Imperium Crown Limited Reports October 2025 Financial Update Amid Liquidation
TipRanks Black Friday Sale Imperium Crown Limited ( (SG:5HT) ) has provided an announcement. Imperium Crown Limited, currently in creditors’ voluntary liquidation, has released its monthly financial update for October 2025. The company reported net liabilities of S$3,506, with cash and cash equivalents remaining at S$1,000. The update also includes information on the proposed sale…
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Midland Energy Limited Enters Liquidation, Issues Notice To Creditors
Midland Energy Limited has formally entered liquidation, with Christopher Ndirangu Kirathe appointed to oversee the process. According to a gazette notice dated November 28, the appointment followed a Liquidation Order issued on February 28, 2024, under Insolvency Petition No. E14 of 2018, administered by the High Court of Kenya. “I, Christopher Ndirangu Kirathe, of P.O.…
IBC Moratorium Cannot Be Used as a Shield for Non-Performance in Urban Redevelopment Projects: Supreme Court
The Supreme Court of India has ruled that development rights validly terminated prior to the initiation of the Corporate Insolvency Resolution Process (CIRP) do not constitute “assets” of the Corporate Debtor protected under the moratorium provisions of Section 14 of the Insolvency and Bankruptcy Code, 2016 (IBC). In a significant judgment delivered on November 28,…