Petron Engineering Construction Ltd. – Corporate Insolvency Resolution Process (CIRP)-Replacement of Interim … – The Hindu BusinessLine

Liquidation

Further to our letter No. PECL/NS/LEGAL/BSE-NSE/2018 dated 11th April, 2018 enclosing therewith copy of the Order dated 23.03.2018 passed by the Honble NCLT, Mumbai Bench, appointing CA Rajeev Mannadiar, having IP Regn. No. IBBI/IPA-001/IP-P00212/2017-18/10412 as the Interim Resolution Professional , please find attached herewith certified copy of the Order dated 6.08.2018 issued by the Honble…

Amtech restructuring solar business as Chinese cell producers delay expansion plans – PV-Tech

Restructuring

Specialist PV manufacturing equipment supplier Amtech Systems is restructuring its solar cell manufacturing equipment business with job losses after China-based customers have pushed-out capacity expansion plans after government cuts were made to downstream solar installation targets as deployments far exceeded goals.  Fokko Pentinga, Chief Executive Officer of Amtech said, In our solar business, recent changes…