Creditors

An ambulance carrying the mortal remains of Art Director Nitin Desai to J.J. Hospital Mumbai passes by at Navi Mumbai, in Raigad district, on August 2, 2023. | Photo Credit: PTI Maharashtra…

Failed grocery delivery startup honestbee has no funds available to settle outstanding debts to former staff, vendors, and other unsecured creditors, amounting to S$319.9 million, according…

Bankrupt crypto exchange FTX received US bankruptcy court permission on Thursday to sell its LedgerX business for $50 million (nearly Rs. 408 crore), raising additional funds to repay…

FTX has listed four of Singapore’s government agencies as creditors in a court filing, which was submitted on January 25. The Prime Minister’s Office (PMO), Ministry of Sustainability and…

In the quarterly update, Openpay chief executive Dion Appel said the company’s credit performance remained within its target threshold and historical range.“While credit performance has…

Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen as a result of hacks.Some $323 million (roughly Rs. 2,640…

What happens when you buy something at a retailer? For most transactions, the answer is simple and straightforward — the retailer provides you with goods, and in exchange, you pay them with…

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Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Davide Barbuscia and Samuel Shen and Xie Yu Publishing date: Dec 01, 2022  •  0 …

Once India’s biggest private carrier, Jet stopped flying in April 2019 after running out of cash and was taken to a bankruptcy court by creditors who were owed about ₹180 billion ($2…