At todays Annual General Meeting (AGM), EFL Clubs voted to approve several changes to the EFL Regulations that will come into effect immediately. These include: OWNERS AND DIRECTORS TEST New disqualifying conditions have been added to the Owners and Directors Test (OADT) to ensure that the EFL and Premier Leagues tests remain aligned. The list…
Having resolved these issues, the NCLT examined the Section 10 application on its merits. It observed that all the necessary requirements under Section 10 were fulfilled, including the presence of debt, occurrence of default, completeness of the application, and the Corporate Applicant’s eligibility. Consequently, the NCLT admitted the Section 10 application, imposed a moratorium under…
State regulators to discuss Citizens Insurance rate hike If a double-digit rate hike for Citizens Insurance policy holders is approved it would impact one million Floridians. Kellie Cowan reports. TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation will meet Thursday afternoon to discuss proposed rate hikes from state-backed Citizens Insurance. Citizens policyholders could see…
Credit: Peter Wendt / Unsplash. UK fresh produce company MyFresh has entered administration less than one year after its acquisition by potato business Tuber Group. Previously owned by the William Jackson Food Group, MyFresh has hired Conrad Alan Beighton and Dane OHara from Leonard Curtis to act as administrators. The company was declared insolvent on…
The cash-strapped Go-First airline announced the suspension of its flight operations till 12 June citing operational reasons. The airline updated the information on its official Twitter handle. Passengers who made their flight bookings, will receive refund on the original mode of payment shortly, said the airline in its official notification. Also Read: Go First must…
June 8 (Reuters) – Russian internet firm Yandex (YNDX.O) on Thursday said it had been granted permission to retain its Nasdaq Stock Exchange listing provided the restructuring and divestment of its Russian business is concluded by the end of 2023. Often dubbed “Russia’s Google”, Yandex is making progress on a corporate restructuring plan that should…
French fashion label Casablanca, founded by Charaf Tajer is looking towards a different business direction to grow its business. Industry reports have indicated that Casablanca Clothing Ltd. has been acquired by a newly established Casablanca Paris Ltd for an undisclosed amount. The reasoning is due to a restructuring deal that is set to help further…