Supreme court had earlier reserved its order on “interim reliefs” sought by various stakeholders (File) New Delhi: In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from…
MONTREAL, Aug. 9, 2018 /CNW Telbec/ – BioAmber Inc. (OTCPK: BIOAQ) announces that following a court order issued on July 31, 2018, the company, along with its monitor, PricewaterhouseCoopers (PWC), has initiated a liquidation process pursuant to which offers will be solicited from liquidators and/or strategic buyers to proceed with the liquidation of the company’s assets or…
Dear Sir / Madam, We would like to inform you that meeting of 15th Committee of Creditors of ABG Shipyard Limited was held on Wednesday, 08th August 2018 at Mayfair Banquets, 254-C Dr. Annie Besant Road, Worli Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra. The Meeting commenced on 02.30 P.M. IST and concluded on 07.30 P.M.…
A crisis-hit council is expected to cut vital services after being effectively declared bankrupt. Northamptonshire County Council will meet today to discuss a radical cost-cutting proposal in response to its £70 million budget shortfall. Proposals to be discussed include redundancies and radical cuts to areas including childrens services, road maintenance and waste management. Anne Longford, the…
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…
Ah, falling in love! Such a special, happy time. Until it’s not. Dating can be a minefield, with information bombs dropping at every candle-lit corner. And learning about your new love interest’s relationship with money can be a bombshell, especially if they’re carrying a tonne of debt. Imagine: you’re quietly splitting a dessert when they…
In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from participating in the fresh bidding process. A bench headed by Chief Justice Dipak Misra said the limitation…
If you are star banker, the move in the last decade has been to hang out your own shingle. A document filed in the legal fight between boutique bank Perella Weinberg Partners (PWP) and a team of dismissed restructuring bankers shows us why. If you did not read the 2016 FT Big Read, heres a…
In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from participating in the fresh bidding process. A bench headed by Chief Justice Dipak Misra said the limitation…
GEORGE HEARD/STUFF Tama Skipper is left with a dodgy car he bought from Cars Under $7990 before it closed. Unsecured creditors of a liquidated Christchurch car firm shouldn’t expect to get a cent. Cars Under $7990 Ltd operated a large car yard in Moorhouse Ave and closed in March. In June the company changed its…