NCLT approves ₹110 crore plan for Reliance Innoventures

The National Company Law Tribunal (NCLT), Mumbai Bench, has approved Sagacious Capital Private Limited’s resolution plan for Reliance Innoventures Private Limited, marking the end of a protracted insolvency process. The bench, comprising Member (Judicial) Mohan Prasad Tiwari and Member (Technical) Charanjeet Singh Gulati, sanctioned the plan in an order pronounced on Tuesday. The approval concludes…

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Beloved clothing chain prepares to close down

A BELOVED clothing chain is closing down years after filing for bankruptcy, and the employees had no idea. Francesca’s, the women’s specialty chain, is shutting all of its locations and liquidating all of its assets, according to a company spokesperson. Sign up for the Money newsletter Thank you! Francesca’s is closing all of its stores…

UK travel company closing down after plunging into liquidation – all holidays cancelled | Travel News | Travel

A travel firm that sold flight and hotel holiday packages for Europe and Southeast Asia destinations has gone into liquidation. Regen Central Ltd lost its Air Travel Organisers’ Licensing (ATOL) on January 13 and has gone into liquidation, as shown by the Companies House website. “Regen Central Ltd- ATOL 11020 has ceased trading as an ATOL holder…