KSK Mahanadi to NCLT: Change of circumstances calls for fresh bidding – The Economic Times

KSK Mahanadi Power Company through its Resolution Professional’s (RP) counsel informed NCLT, Hyderabad, on Monday, that a change of circumstances warrants a fresh invitation of bids under the corporate insolvency resolution process (CIRP) for KSK Mahanadi Power, which was admitted into insolvency in October 2019.One of the prospective resolution applicants (PRAs) of KSK Mahanadi, Megha…

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Bankruptcy spiral UK greenhouse after client rejections – hortidaily.com

The financial downfall of UK greenhouse company UK Salads Limited (UKSL) was triggered by a series of significant challenges, resulting in the company owning its creditors almost 18m when it went into administration. This is revealed by the recently published Statement of administrator’s proposal. In December 2022, the company’s largest client rejected a substantial number…

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Tecnotree completes the global business rationalisation and personnel-related restructuring. – Tecnotree – Cision News

Following our global cost efficiency announcement on 28 March 2024, Tecnotree has concluded its personnel-related restructuring, which started on March 14, 2024, and ended on May 02, 2024. This restructuring project encompassed personnel in Finland, India, Middle East, and rationalising the non-telco resources in North America, and has resulted in a total reduction of 116…

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Pioneers in the Corporate Restructuring Service Market : Envisioning Business Trajectories, Essential Persp… – WhaTech

Corporate Restructuring Services are in high demand as businesses navigate economic challenges and seek to optimize operations. With expertise in strategic planning and organizational restructuring, these services help companies adapt to changing market dynamics, drive efficiency, and ensure long-term sustainability, fostering growth in the corporate restructuring market. Corporate Restructuring Service Market size is projected to…

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