Manchester Pride enters voluntary liquidation process

Manchester Pride, the annual festival that brought hundreds of thousands of visitors, and hundreds of millions of pounds, to the city’s streets each year, has started the process of voluntary liquidation. Reports emerged last week that the event was facing financial difficulties, with performers from last year’s event still unpaid and fundraising efforts falling short.…

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Manchester Pride ‘will take place next August’ despite organisers entering voluntary liquidation

The council said the event had become ‘unsustainable’ Manchester Council has responded to the news that Manchester Pride has entered liquidation(Image: Manchester Evening News) Manchester Council has issued a statement after it was announced that Manchester Pride has started the legal process of voluntary liquidation – and has said the next event will still take…

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NCLT approves Reliance Retail’s ₹171 crore resolution plan for Future Supply Chain Solutions

The Corporate Insolvency Resolution Process (CIRP) against FSCSL was initiated on January 5, 2023 following a petition filed by DHL Ecommerce (India) Pvt. Ltd. under Section 9 of IBC. Rajan Rawat was appointed as the Interim Resolution Professional (IRP) and subsequently confirmed as the Resolution Professional (RP). After several rounds of reconstitution and extensions, the…