Ron Crouch Transport (RCT), a longstanding regional freight carrier with a 47-year history, has been placed into voluntary administration, with Managing Director Geoff Crouch describing the decision as one made “with the heaviest of hearts.” In a statement issued yesterday, Crouch stressed the move was a voluntary step taken to provide clarity for employees, customers…
Today’s Outlook According to PANews, Bloomberg reports that the median stock price of DAT companies listed in the U.S. and Canada has dropped by 43% this year. Michael Saylor has released Bitcoin Tracker information again, and may disclose additional holdings data this week. Data: The total supply of USDT has surpassed 19 billion, reaching a…
REVEALED: Latest business liquidations in Yarra Herald Sun Read the original article here
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The National Company Law Tribunal (NCLT), New Delhi Bench, has approved a resolution plan worth ₹3,800.14 crores for the insolvent Sinnar Thermal Power Limited (STPL). The successful bidder is a consortium of two public sector giants—Maharashtra State Power Generation Company Limited (MAHAGENCO) and NTPC Limited. The plan, approved under the Insolvency and Bankruptcy Code (IBC), aims to…
German corporate bankruptcies to surge to a decade high in 2025 whbl.com Read the original article here
The Mumbai Bench of the National Company Law Tribunal (NCLT) has dismissed six interlocutory applications filed by former employees of Yes Bank Limited, holding their claims for salary dues, provident fund, and other benefits were time-barred and filed after the corporate resolution plan had already been approved. The Tribunal, comprising Judicial Member K.R. Saji Kumar…
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