The National Company Law Tribunal, Mumbai Bench-I (NCLT) recently approved a resolution plan worth ₹3.4 crore submitted by M/s Priyam Projects (I) Pvt. Ltd. for the corporate debtor M/s Steadfast Shipping Pvt. Ltd. (Steadfast Shipping) – a ship leasing company. The Tribunal approved the resolution plan after noting that the plan had secured 100 percent…
Actor Salman Khan has withdrawn his insolvency appeal against gym equipment manufacturer Jerai Fitness Limited before the National Company Law Appellate Tribunal (NCLAT), following a settlement between the parties. [Salman Khan v. Jerai Fitness] On October 6, Khan’s counsel informed the Appellate Tribunal that consent terms had been executed. The coram of Chairperson Justice Ashok…
The National Company Law Tribunal (NCLT) has approved KGS Sugar & Infra Corporation’s acquisition by edible oil and spirit maker Grainotch Industries Ltd. Nashik-based KGS Sugar Infra Corporation has admitted liabilities of Rs 556 crore. The company was admitted under the corporate insolvency resolution process (CIRP) in October 2019 on an application filed by Canara…
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New liquidation for developer with $100m-plus in company debts ThePost.co.nz Read the original article here
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
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REVEALED: Latest business liquidations in Whitehorse Herald Sun Read the original article here
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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…