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The report showed each entity had been paid $56,734 in the liquidation process, representing 1.13 cents on the dollar for their claims. Claims totalling $253,801 from former QE Health employees were fully paid out. No payments had been made for secured claims of $218,499, preferential claims of $347,580 from Inland Revenue and unsecured claims of…
The National Company Law Appellate Tribunal (NCLAT) has upheld an order passed by the NCLT, directing insolvency proceedings against a personal guarantor of Mumbai-based Nyka Steel. A two-member bench of the appellate tribunal upheld a February 3, 2026 order of the National Company Law Tribunal (NCLT), Mumbai, which had admitted UCO Bank’s plea to initiate…
Barred syndicate goes into liquidation amid allegations of non-payment of prize-money Racing Post Read the original article here
NCLAT upholds insolvency proceedings against Nyka Steel personal guarantor in UCO Bank case Moneycontrol.com Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…
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The Prudential Authority has withdrawn its application to have the state-owned development financier Ithala liquidated. Ithala Development Finance Corporation/Facebook Be among those who shape the future with knowledge. Uncover exclusive stories that captivate your mind and heart with our FREE 14-day subscription trial. Dive into a world of inspiration, learning, and empowerment. You can only…
REVEALED: Latest business liquidations in Albany The Daily Telegraph Read the original article here