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…

Katie Price is hit by claims she ‘has a room full of unopened parcels after spending THOUSANDS funding online … – Daily Mail

Bankruptcy

Katie Price is hit by claims she ‘has a room full of unopened parcels after spending THOUSANDS funding online shopping obsession’ amid her financial crisis By Charlotte Dean For Mailonline Published: 05:58 AEST, 10 August 2018 | Updated: 06:05 AEST, 10 August 2018 e-mail 43 View comments Katie Price has been hit by claims that she…

Personal bankruptcies on the rise, say new federal government figures – Newcastle Herald

Bankruptcy

NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…

HELLA restructures aftermarket business – Automotive World (press release)

Restructuring

The lighting and electronics specialist HELLA is restructuring its aftermarket business. HELLA will thus align its aftermarket activities even more consequently along its own original equipment competencies especially in the areas of lighting and electronics while closely linking them to the companys great workshop equipment expertise. In this context, the successful repair solutions business will…