NCLT admits insolvency plea against two Essel Group companies on Indiabulls Housing plea – The Economic Times

The bankruptcy court on Thursday admitted two Essel Group entities Primcomm Media Distribution Ventures Ltd and Essel Homes Pvt Ltd under the Corporate Insolvency Resolution Process (CIRP) after Gnex Realtech Pvt Ltd, an affiliate entity, defaulted on its dues of Rs 260 crore where these companies provided corporate guarantee.Empower Your Corporate Journey with Strategic Skill…

Boris Becker discharged from bankruptcy: lawyer – Yahoo Sport – Yahoo Eurosport UK

Former tennis player turned coach Boris Becker has been released from bankruptcy, his lawyer said on Thursday. (Dimitar DILKOFF) Former German tennis star Boris Becker has been discharged from bankruptcy by a London court following a deal with his debtors, the 56-year-old’s German lawyer said Thursday. “As a result of an agreement with his insolvency…

More than 100 people evicted from senior care facility due to bankruptcy – ABC Action News Tampa Bay

TAMPA, Fla. More than 100 local senior citizens are scrambling to find new homes after their senior living facility declared bankruptcy. The ABC Action News I-Team has uncovered financial troubles at the facility date back years and some of the residents being kicked out invested hundreds of thousands of dollars. Im pretty upset about it…

Disgraced horse trainer gambled $2m before bankruptcy – Otago Daily Times

A disgraced former horse trainer gambled more than $2 million before filing for bankruptcy and collecting almost $10,000 in Government-backed wage subsidies. Today, former harness trainer Mitchell Paul Kerr was sentenced in Christchurch District Court after his conviction for providing misleading statements and hiding crucial information from the Official Assignee of New Zealand when he applied for self-adjudicated bankruptcy.…

Ex-England and Liverpool footballer John Barnes banned as company director – GOV.UK

Former Premier League footballer and international manager disqualified as director for three-and-a-half years John Barnes has been banned as a company director after his company did not pay tens of thousands of pounds in both VAT and corporation tax  Insolvency Service investigations began after his John Barnes Media Limited company went into liquidation in 2023 …

Horse trainer Mitchell Kerr sentenced after hiding information during bankruptcy proceedings – New Zealand Herald

Mitchell Kerr is back on home detention after his latest bout of offending. A disgraced former horse trainer gambled more than $2 million before filing for bankruptcy and collecting almost $10,000 in Government-backed wage subsidies. Today, former harness trainer Mitchell Paul Kerr was sentenced in Christchurch District Court after his conviction for providing misleading statements…

Sad day: EV fast-charging company Tritium says it is insolvent, receivers to seek buyers – The Driven

The troubled Australian electric vehicle fast charging company Tritium is facing financial collapse after its directors declared it to be insolvent, calling in voluntary administrators while its lenders also appointed a receiver to take control of the assets and seek buyers. In a statement issued overnight to the Nasdaq stock exchange in New York, where…