The IBC has almost completed two years of enactment, and has seen multiple amendments through ordinances. The enactment of the Insolvency and Bankruptcy Code (IBC) has created a paradigm shift in the regulatory framework and processes governing corporate insolvency. The IBC has almost completed two years of enactment, and has seen multiple amendments through ordinances.With…
We would like to inform you that with a shorter notice vide the Notice dated 26 August 2018 issued by CA Vishal Ghisulal Jain, Interim Resolution Professional, the 1st meeting of the Committee of Creditors of Sterling International Enterprises Limited was held at The Orchid, 70/C, Nehru Road, Adjacent to Domestic Airport, Vile Parle (E),…
S.E.S.s Shoo has reportedly taken out a loan to pay off her gambling debts, as well as to finance other expenses such as legal fees as she faces her lawsuit. It was recently reported that the celebrity took out a loan of 345 million won (approximately $310,000), with the house that she and her family…
Construction firm HCC‘s real estate firm Lavasa Corporation will face insolvency proceedings with the NCLT on August 30 admitting plea of lenders of the debt-ridden realty firm. Lavasa Corporation is developing a hill city ‘Lavasa’ near Pune in Maharashtra. In a filing to the BSE, the HCC today said that the National Company Law Tribunal…
JOSEPH JOHNSON/STUFF Students from Avonmore Tertiary Institute are considering their next moves after the college announced its voluntary liquidation on Thursday. A Christchurch training college has gone into voluntary liquidation, leaving about 140 students and 25 staff in tears and unsure of their futures. Avonmore Tertiary Institute told staff, students, and government agencies on Thursday that it “can no longer…