MILAN (Reuters) – U.S. President Donald Trump told the Italian Prime Minister Giuseppe Conte in a recent meeting in Washington the United States was ready to offer Italy help in funding its public debt next year, Il Corriere della Sera reported on Friday. FILE PHOTO: U.S. President Donald Trump reaches out to Italy’s Prime Minister…
Advertising Feature Money worries: Nearly one in three Australians are feeling financially stressed, so if you are drowning in debt, the first step is to work out if bankruptcy is right for you. If you are facing severe money-troubles, in no way are you alone. In fact, according to The Australian Financial Security Authority, there…
SINGAPORE (Reuters) – Singapore-listed Noble Group Ltd (NOBG.SI) faces a make-or-break shareholders meeting on Monday as investors vote on a $3.5 billion debt restructuring plan that its creditors and board say is vital to prevent insolvency. FILE PHOTO: Noble Group founder Richard Elman at the company’s Hong Kong offices/File Photo The company, once a global…
Dear Sir/Madam, This is to inform you that Metalyst Forgings Limited (“MFL”) is undergoing the Corporate Insolvency Resolution Process under the provisions of the Insolvency and Bankruptcy Code, 2016 (“Code”), in terms of order passed by the Honble National Company Law Tribunal (“NCLT”), Mumbai Bench, with effect from 15.12.2017. Mr. Dinkar T. Venkatasubramanian was initially…
As the Reserve Bank of Indias (RBI) deadline to resolve large stressed assets ends on Monday, as many as 60 stressed loan accounts worth over Rs 3 lakh crore stare at insolvency proceedings. This is a direct impact of the central banks circular released on February 12. Bankers are attempting to resolve the non-performing assets…
V Rishi Kumar The National Company Law Tribunal (NCLT), Hyderabad has extended the duration of the corporate insolvency resolution process period for IVRCL Ltd by an additional 90 days beyond the original 180 days. The decision follows a resolution passed in a meeting of the Committee of Creditors (CoC) of the Hyderabad-based construction and infrastructure…
German shipbuilder Nordseewerke Emden Shipyard (NES) had filed for insolvency as its deal to provide cruiseship hull blocks for Meyer Werft ends. A spokesman for the district court in Aurich confirmed the Wednesday move to Gottinger Tageblatt. NES has 80 workers. Former owners of the site had declared the yard insolvent in 2012 and 2015.…
MY KITCHEN Rules star and actor Blake Davis allegedly brought a samurai sword down on rapper Jett McKee’s skull “penetrating layers of bone resulting in blood loss, in loss of brain tissue which resulted in his death”, a court has heard. Prosecutor James Ly told Newtown Local Court today that 15 eye witnesses watched Mr…
Octopus VCT 4 plc (the Company) 24 August 2018 Publication of Circular relating to the recommended proposal for Members Voluntary Liquidation. The Company today announces the publication of a circular (the Circular) relating to the recommended proposal of the Company entering into a Members Voluntary Liquidation. The Circular has today been posted to shareholders which…
Octopus VCT 3 plc (the Company) 24 August 2018 Publication of Circular relating to the recommended proposal for Members Voluntary Liquidation. The Company today announces the publication of a circular (the Circular) relating to the recommended proposal of the Company entering into a Members Voluntary Liquidation. The Circular has today been posted to shareholders which…