Abg Shipyard Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

Dear Sir / Madam, We would like to inform you that meeting of 16th Committee of Creditors of ABG Shipyard Limited is scheduled to be held on Monday, 03rd September 2018 at 02:30 P.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Worli Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra. You are requested to take…

Sterling Biotech Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

Dear Sir / Madam, We would like to inform you that meeting of the 03rd Committee of Creditors of Sterling Biotech Limited is scheduled to be held on Tuesday, 04th September 2018 at 03:00 P.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. You are requested to…

Bad debt manager China Cinda to help top regulator tackle peer-to-peer lending risks – South China Morning Post

China Cinda Asset Management, one of the countrys four biggest state-owned bad debt managers, said on Thursday it would proactively help the government tackle peer-to-peer (P2P) lending risks, after confirming Chinas top financial regulator had recently met the big four asset management companies on the issue following several protests in the past few weeks by…

Maggie Beer makes losses but a hint of optimism grows: Longtable Group – The Australian Financial Review

The Maggie Beer Products gourmet foods business remains immersed in red ink but a restructuring program has prompted a glimmer of optimism from 48 per cent owner Longtable Group that the maker of ice-creams, pate, quince pastes and sauces can eventually make a profit. Longtable, which also owns the Paris Creek premium dairy business, revealed…

WAFL: West Perth creditors told to see cents after voluntary administration analysis – Community Newspaper Group

WEST Perth creditors can get back 4 per cent of what they are owed or get nothing. That is essentially the message after administrator KordaMentha released its recommendations this week into the finances of the Joondalup WAFL club, which went into voluntary administration last month with about $790,000 debt. It means if the Falcons owe…

Govt to crackdown on phoenixed firms – FT Adviser

The Government will give new powers to the Insolvency Service to crack down on reckless directors who phoenix their firms. The Department for Business, Energy & Industrial Strategy (BEIS) has unveiled a series of new measures on corporate governance and insolvency which include new powers for the Insolvency Service to investigate directors of dissolved companies where they are suspected of…

Foodora Australia left town owing tax, superannuation and $28 million to its parent company – Business Insider Australia

Foodora announced it would close operations in Australia on August 2, but 15 days later was placed in voluntary administration. Its believed that concerns over outstanding tax liabilities to both the NSW and federal governments led the German parent company, Delivery Hero, to pull its support for the business, hastening its demise. Delivery Hero, worth…