The National Company Law Tribunal (NCLT) has dismissed a fresh insolvency plea filed by Exotel Techcom Pvt. Ltd. against Dunzo Digital Pvt. Ltd., noting that the Bengaluru-based hyperlocal delivery startup has already been admitted into the Corporate Insolvency Resolution Process (CIRP).

Exotel, an operational creditor, had moved the tribunal under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking initiation of CIRP against Dunzo. However, the bench observed that Dunzo had already been admitted to insolvency on August 6, 2025, in a petition filed by Velvin Packaging Solutions Pvt. Ltd. in CP (IB) No.36/BB/2024. An Interim Resolution Professional (IRP) has already been appointed in that matter.

The…

By Sara Beth Williams–
A family-owned thrift store in Citrus Heights is going out of business, according to an estate sales company that is handling the liquidation of the store’s merchandise.

The Family Outpost thrift store posted a liquidation sale sign on the front entrance last week, indicating that a liquidation sale would be taking place from Thursday, Sept. 4, through Sunday, Sept. 7. A phone number for the store was no longer operational as of Thursday.

Martin Acero with Martin’s Estate Sales said the store owner, Dustin Powell, and his family are “moving on to bigger and better things” and have decided to move out of…

04 Sep 2025

By Craig Darling, Partner, Corporate at Gilson Gray. 

Scotland’s SME sector has shown impressive resilience over recent years. However, for lenders, particularly challenger banks, alternative funders and asset-based lenders – 2026 will be critical in balancing opportunity with risk.

The end of government support schemes has exposed the underlying pressures many businesses are facing: ongoing cash flow constraints, elevated input costs, legacy debt burdens and a persistently difficult economic environment. In this climate, the role of responsive, flexible finance providers has never been more important.

The Current Landscape

Official insolvency statistics in Scotland continue to show a gradual rise in corporate…

Think & Learn Private Limited, the parent company of embattled edtech giant Byju’s, has officially called for potential investors to express their interest in acquiring the firm. The company’s Resolution Professional, Mr. Shailendra Ajmera, issued a formal “Invitation for Expression of Interest” (EOI) September 1, 2025, marking a crucial step under the Corporate Insolvency Resolution Process (CIRP) governed by the Insolvency and Bankruptcy Code (IBC).

According to the public notice, potential resolution applicants have until September 24, 2025, to submit their initial EOIs. The process outlines a tight timeline, with the final list of eligible bidders to be published on October 19. These shortlisted parties will…

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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:

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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

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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 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….

Mohegan Sun, a popular Connecticut casino, is suing a former Universal Studios executive over nearly $2.8 million in gambling debt.

Ronald Meyer, the former president and COO of Universal Studios, co-founder of Creative Artists Agency and vice chairman of NBCUniversal, is accused of racking up a large gambling debt.

On Oct. 13, 2017, Meyer lost $5 million in a one-day gambling spree at the massive Connecticut casino. Now, Mohegan Sun is suing him to repay the remaining debt, amounting to nearly $2.8 million.

HOW FOOTBALL PREDICTION MARKETS ARE ‘MUCH DIFFERENT’ THAN SPORTS BETTING

Mohegan Sun, a popular Connecticut casino, is suing a former Universal Studios executive over nearly $2.8 million in gambling debt.

Ronald Meyer, the former president and COO of Universal Studios, co-founder of Creative Artists Agency and vice chairman of NBCUniversal, is accused of racking up a large gambling debt.

On Oct. 13, 2017, Meyer lost $5 million in a one-day gambling spree at the massive Connecticut casino. Now, Mohegan Sun is suing him to repay the remaining debt, amounting to nearly $2.8 million.

HOW FOOTBALL PREDICTION MARKETS ARE ‘MUCH DIFFERENT’ THAN SPORTS BETTING

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An update from JBF Industries Limited ( (IN:JBFIND) ) is now available.

JBF Industries Limited has announced that its 43rd Annual General Meeting (AGM) will be held on September 30, 2025, via video conferencing in compliance with regulations from the Ministry of Corporate Affairs and SEBI. The company is currently under a Corporate Insolvency Resolution Process, and the AGM will include the adoption of financial statements and the declaration of dividends on preference shares. The Annual Report for the financial year 2024-2025, along with the…

A FREE event to help people in Redditch who are struggling with debt will take place at the Foodbank on Church Green East from 1.30pm to 3pm on Friday, September 12, writes Oliver Cureton-Phillips. 

The welcoming community building ‘Cake with CAP’ has been organised by Christians Against Poverty (CAP).

Participants will be able to get together to enjoy cake and experience the healing power of human connection.

CAP’s latest study revealed 85 per cent of its clients felt isolated and more than half (52 per cent) were afraid to leave homes.

The figures illustrate the emotional and psychological barriers often experienced by those facing financial hardship.

Cake with CAP aims to break the isolation and build supportive…