Why Eratos founder Steve Taitoko was happy the day he lost his startup – Startup Daily
Why Eratos founder Steve Taitoko was happy the day he lost his startup Startup Daily Read the original article here
Canada's oldest company to liquidate all but 6 stores starting Monday – MSN
Canada’s oldest company to liquidate all but 6 stores starting Monday MSN Read the original article here
Canada's oldest company to liquidate all but 6 stores starting Monday – MSN
Canada’s oldest company to liquidate all but 6 stores starting Monday MSN Read the original article here
Canada’s oldest company to liquidate all but 6 stores starting Monday
TORONTO (AP) — An Ontario court on Friday gave Hudson’s Bay, Canada’s oldest company, permission to start liquidating all but six of its stores on Monday. The approval from Ontario Superior Court Judge Peter Osborne allows the retailer, which dates back to 1670, to begin selling off inventory at most of its 80 Hudson’s Bay…
Lease Hold Rights Existing In Favor Of Corporate Debtor Cannot Be Terminated During Moratorium Period U/S 14 Of IBC: NCLAT
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Arun Baroka (Technical Member) and Mr. Barun Mitra (Technical Member) has held that an order terminating the lease cannot be passed during the moratorium period under Section 14 of the Insolvency and Bankruptcy Code, 2016 (Code), particularly when…
WA childcares go into administration after mass resignations – The West Australian
WA childcares go into administration after mass resignations The West Australian Read the original article here
Banks write off Rs 16.35 lakh crore in bad loans over last 10 years
Banks have written off a total of Rs 16.35 lakh crore in non-performing assets (NPAs) or bad loans over the past decade, Parliament was informed on Monday. The highest write-off occurred in FY 2018-19, amounting to Rs 2,36,265 crore, while the lowest was in FY 2014-15, with Rs 58,786 crore written off, news agency PTI…
IBBI’s discussion paper: The Case for a Legislative Framework for Group Insolvency
The Insolvency and Bankruptcy Board of India’s (IBBI) recent discussion paper of 4-2-2025 on “Streamlining Processes under the Code: Reforms for Enhanced Efficiency and Outcomes” demonstrates a commitment to address operational challenges in the insolvency resolution process.1 It touches upon several important issues in making the Insolvency and Bankruptcy Code, 2016 (IBC)2 more robust, viz:…
No Cookies | NT News
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…
La Baie D’Hudson Begins Liquidation While Saving Six Stores
La Baie d’Hudson, Canada’s oldest retail chain, is set to begin liquidating most of its stores effective March 24, 2025, while managing to keep six locations operational thanks to recent sales boosts. After a week of intense negotiations and deliberations, the Ontario Superior Court, led by Judge Peter Osborne, granted the retailer permission to proceed…