The National Company Law Tribunal (NCLT), on Friday, rejected IDBI Bank’s insolvency plea against Zee Entertainment. The bank had applied for insolvency to recover dues of 149.60 crore. Also Read: Indiabulls Real Estate to challenge NCLT order withholding its merger with Nam Estates, Embassy One Notably, IDBI Bank appelaed to the NCLT in December last…
TuSimple, the once high-flying autonomous trucks company that went public in 2021, is restructuring and laying off about 30% of its global workforce as it works to preserve cash and stay in business. All of the layoffs will occur in TuSimple’s U.S. workforce. Prior to the layoff, TuSimple had about 550 employees in the U.S.…
On 17 May 2023, Thai Airways International Public Company Limited (THAI) held a creditor committee’s meeting that reached a resolution in favor of the company’s restructuring of business operation in aviation as proposed by the Plan Administrators and THAI management.AttachmentsOriginal LinkOriginal DocumentPermalinkDisclaimerThai Airways International pcl published this content on 17 May 2023 and is solely…
If you have found yourself on the brink of bankruptcy it is easy to feel hopeless and want immediate guidance. But working with a traditional debt relief company can carry risks of its own. Before taking that step consider the following alternatives to get control of your debt without further damaging your credit. 1. Budget…