The National Company Law Tribunal (NCLT) Delhi on Thursday dismissed an insolvency plea filed against food delivery giant Zomato by uniform supplier Nona Lifestyle over an alleged payment default of ₹1.64 crore. The tribunal rejected the petition on maintainability grounds, citing drafting errors, and refused the operational creditor’s request to allow its restoration. Read this…
Liquidation report reveals how many millions owed by The Body Shop Stuff Read the original article here
File pic Photo: Getty Images / Ian Forsyth The Body Shop NZ has been placed into liquidation The closure of the beauty brand’s NZ business was signalled in January The company thanked customers for its “support throughout the years” The Body Shop New Zealand has been placed into liquidation, with all stores closed and around…
Hachi Hachi companies fold amid $2.5m hospo collapse The Press Read the original article here
Fake Trustpilot reviews of FBA Brand Builder posted after controversial company is liquidated Belfast Telegraph Read the original article here
Government has Strengthened IBC with Six Amendments and 122 Regulatory reforms since its inception Over 8,000 CIRPs initiated, rescuing 3,485 debtors and realization of ₹3.58 lakh crore The legislative intent of the Insolvency and Bankruptcy Code, 2016 (IBC) is to provide a consolidated framework for reorganization, insolvency resolution and liquidation of corporate…
A former director of a once prominent meat exporting firm, currently under liquidation, was arrested last month for allegedly swindling money taken as loan in the name of the company and selling homes on mortgaged land, the Delhi Police said on Wednesday. The police identified the accused as Moshin Mohammad, the former director of MK…
Sigma Finance Corporation – RNS Announcement Business Wire Read the original article here
13,000 Kansas policies impacted after liquidation order against insurance company KSNT 27 News Read the original article here
ATR Sawmill Ltd, which has a registered address at Dunnock Drive, is linked to disgraced businessman Neville Taylor. In January he was banned from being a company director for nine years for his involvement in a scheme that saw £7.6 million of assets go missing. At Dunfermline Sheriff Court on March 26, a petition was…