We would like to inform you that pursuant to an Order dated 27th September 2018 of the National Company Law Tribunal, Kolkata Bench, Corporate Insolvency Resolution Process (CIRP) has been initiated for Advance Powerinfra Tech Limited as per the provisions of the Insolvency and Bankruptcy Code, 2016. A copy of the said order is enclosed…
AUGUSTA For decades, weve heard politicians promising to attract businesses and jobs to the state to help grow the economy. While supporting small businesses and job creation is important, what Maines economy needs right now is people. Maines economic outlook has changed dramatically since the Great Recession, and the state suffers not from a lack…
Share price of Punj Lloyd fell nearly 3 percent intraday Friday after International Finance Corporation (IFC) moved an insolvency plea against company before the National Company Law Tribunal (NCLT). International Finance Corporation (IFC) has filed an application before the National Company Law Tribunal (NCLT) under Section 7 of the Insolvency and Bankruptcy Code. A two-member…
Top court also stressed the need of “time-bound” disposal of corporate insolvency resolution process New Delhi: The Supreme Court on Thursday said the time taken up by litigations during the corporate insolvency resolution process has to be excluded from the mandatory limit of 270 days in case company law tribunals uphold the plan to revive…
Staying out of debt, saving money, building a nest egg all these things sound easy, but theyre not so easy to put into practice. Last year, Americans held a record-high $13 trillion in debt, according to the New York Fed. So where do our good intentions go off the rails? And how can you stop…
Max Brenner, the v. popular and quite fancy choccie chain, has entered voluntary administration despite the fact chocolate remains one of the only pure and good things left on this accursed planet. The Sydney Morning Herald reports Max Brenner, which boasts 37 stores around the nation, appointed an administrator on Sunday to sort out the…
Company Increases Full-Year 2019 Cost Savings Reiterates Profit Outlook for Full-Year 2018 DOWNERS GROVE, Ill., Oct. 01, 2018 (GLOBE NEWSWIRE) — FTD Companies, Inc. (Nasdaq: FTD) (FTD or the Company), a premier floral and gifting company, today announced an expansion of its corporate restructuring and cost savings plan initiatives. The Company has identified incremental cost…
RALEIGH, N.C., Oct. 04, 2018 (GLOBE NEWSWIRE) — LandStar, Inc. (OTCPK: LDSR) (LandStar or the Company), the parent company of Data443 Risk Mitigation, Inc. (Data443), a leading data security and privacy company, announced the completion of joint efforts with finance partner Blue Citi LLC (Blue Citi) resulting in the favorable restructuring of debt and financing…
The Supreme Court on Thursday said the time taken up by litigations during the corporate insolvency resolution process has to be excluded from the mandatory limit of 270 days in case company law tribunals uphold the plan to revive a debt-ridden company. The top court, in an important ruling, also stressed the need of “time-bound”…
News Danny McCance 4 Oct 2018 12:10pm KPMG UK is keen to keep its restructuring business intact and has reportedly rebuffed offers from European private equity firm Permira … Read the full article at: https://economia.icaew.com/news/october-2018/kpmg-dismisses-pe-bids-for-restructuring-arm