The Mumbai bench of the National Company Law Tribunal (NCLT) has dismissed the special resolution applicant’s (SRA) plea to treat Rs 350 cr as the Corporate Insolvency Resolution Process (CIRP) cost in the liquidation of Jet Airways. In June 2021, the resolution plan submitted by the Jalan–Fritsch consortium was approved by the NCLT. The plan…
Why Saks Fifth Avenue could face Chapter 11 or liquidation thestreet.com Read the original article here
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Struggling whiskey and vodka company shuts down, no bankruptcy thestreet.com Read the original article here
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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
Once a high flyer, Greensboro-based Jet It files for liquidation bankruptcy The Business Journals Read the original article here
A long-standing York business owed more than £1 million to creditors after entering liquidation, new documents have revealed. Elcocks, a tool hire, sale and repair business, ceased trading on Wednesday, November 12, 2025, and entered liquidation on Wednesday, December 10, 2025, resulting in 10 job losses. The company was founded almost five decades ago and…
Elcocks, a tool hire, sale and repair business, ceased trading on Wednesday, November 12, 2025, and entered liquidation on Wednesday, December 10, 2025, resulting in 10 job losses. The company was founded almost five decades ago and had its headquarters in the Fulford Industrial Estate, off Hospital Fields Road, and operated another site in Driffield.…