Insolvency Guardian Media Centre
Ola Electric shares sink over 70 pc from peak after insolvency petition against subsidiary IANS Business
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Govt blamed for another school lunch provider insolvency The Post
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Zomato shares zoomed in the intraday trading session on Tuesday, March 14. This comes to pass after some major developments surrounding the company.
Zomato’s Unpaid Dues
After a major insolvency plea against Ola Electric last week, another company has come under the scanner for the same reason.
Nona Lifestyle, a Gurgoan-based uniform supplier, moved the National Company Law Tribunal (NCLT). The B2B uniform seller initiated the corporate insolvency resolution process against Zomato.
These insolvency proceedings were initiated over alleged non-payment of dues, for an amount to the tune of Rs 1.64 crore. This…
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Zomato Faces Potential Insolvency Plea as Nona Lifestyle Moves NCLT for Petition Restoration Times Now
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Currently, the market cap of Zomato stands at Rs 1.85 lakh crore, as of March 18.
Food delivery giant Zomato is currently facing insolvency plea which is file by uniform supplier Nona Lifestyle. The B2B apparel manufacturer has approached the…
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Hudson’s Bay liquidation of all stores could start as soon as Tuesday MSN
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Zomato faces an insolvency plea from Nona Lifestyle over alleged unpaid dues of Rs 1.64 crore. The NCLT has adjourned the case to April 3 for further clarification. Zomato has rejected these claims, stating that Nona Lifestyle repeatedly missed agreed-upon delivery deadlines, resulting in penalties as per their contract.
Food delivery giant Zomato is facing an insolvency plea from uniform supplier Nona Lifestyle, alleging unpaid dues of Rs 1.64 crore, as reported by Bar and Bench on March 17.
The National Company Law Tribunal (NCLT) has adjourned the case to April 3, requesting the petitioner to clarify its next steps.
According to the report, B2B apparel manufacturer Nona Lifestyle has approached the NCLT to initiate the corporate…
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Shoppers say it’s sad to see what’s happened to the venerable Canadian department store Hudson’s Bay. Canada’s oldest company is waiting for court approval on a full liquidation, which could begin a few days from now and last for up to 12 weeks, but Hudson’s Bay is still holding out hope that it will find a lifeline. (March 17, 2025)
…
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:
1. Open the settings menu by clicking the hamburger menu in the top right
2….
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.
This can be done through the following steps:
1. Open the settings menu by clicking the hamburger menu in the top right
2. Choose “App Settings” from the menu
3. Turn on the option “Links Open Externally” (This will use…
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More than 350 locations will undergo liquidation sales as Forever 21 begins the bankruptcy process.
WASHINGTON — More than 350 Forever 21 clothing stores are beginning liquidation sales across the country as the company files for Chapter 11 bankruptcy protection amid declining mall traffic in the U.S.
According to bankruptcy paperwork filed Monday by F21 OpCo, which runs Forever 21 stores, the company will wind down business in the U.S. while determining if the brand can continue with a partner, or whether it will sell off some or all of its assets.
Forever 21 stores are located in 43 states and the U.S….
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Hudson’s Bay at Pen Centre faces closure as company prepares for liquidation Niagara This Week