In a recent ruling, the National Company Law Tribunal ( NCLT ), Mumbai Court-II, allowed an application under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, ordering the liquidation of Unitech Transformers Pvt. Ltd. based on an application filed by the Resolution Professional. The application was filed by Resolution Professional, Mr. Pravin R. Navandar,…
MT Educare Discloses Rs 32.33 Crore Default Amid Ongoing Insolvency Process scanx.trade Read the original article here
Once a beloved destination for dessert lovers, Singapore’s bakery cafe chain, Twelve Cupcakes, has entered a temporary state of liquidation. This unfortunate circumstance has led to the immediate closure of all its 20 establishments and the termination of approximately 80 employees. The announcement, made on October 29, marks the end of a 14-year-long chapter in…
REVEALED: Latest business liquidations in Wyndham Herald Sun Read the original article here
SINGAPORE: The decision by bakery chain Twelve Cupcakes to cease operations was made without advance notice, the union said on Thursday (Oct 30), criticising the sudden move as “completely unacceptable and unfair” to workers. About 80 employees have been affected, including rank-and-file workers, executives and managers. Twelve Cupcakes announced its closure on its website, saying…
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Mahindra & Mahindra’s Aerospace Subsidiary in Australia Voluntarily Liquidated scanx.trade Read the original article here
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REVEALED: Latest business liquidations in Mildura Herald Sun Read the original article here