Brian Anderson Snr (61), from Irvine, was appointed a joint director of Anderson Builders Limited in August 2014 before becoming the sole appointed director in June 2015. Anderson Builders was involved in the construction of commercial buildings but the companys performance struggled before it had to cease trading in February 2017. Independent insolvency practitioners were…
What Happened In this case, Edelweiss ARC alleged that Kothari settled a dispute with Reliance Infrastructure for Rs 9.65 crore compared with the original claim of Rs 30 crore without informing the lenders. According to the petition, Abhijeet MADC Energy in 2007 agreed to build a 271-megawatt power plant in Nagpur for the Maharashtra Airport…
One of the biggest topics as part of Activision Blizzards 2018 Q4 Quarter Earnings call was how the company plans to adjust to refocus on boosting revenue after new competition in 2018 effected the companys overall position in the gaming industry. As part of that, the company stated that they intend to lay off 8%…
Bas Lansdorp is a Dutch entrepreneur who saw his dreams of colonizing Mars crumble into red dust after his company, Mars One, declared bankruptcy. The company was made up of a not-for-profit called the Mars One Foundation and a for-profit company called Mars One Ventures. The idea behind Mars One was to colonize the red…
Brian Anderson Snr (61), from Irvine, was appointed a joint director of Anderson Builders Limited in August 2014 before becoming the sole appointed director in June 2015. Anderson Builders was involved in the construction of commercial buildings but the companys performance struggled before it had to cease trading in February 2017. Independent insolvency practitioners were…
Details have emerged of a $17 million deal that could have saved online travel company Bestjet and potentially spared thousands of customers heavy losses. A consortium claims it was in talks to buy the doomed Queensland company, five months before it collapsed, but pulled out when the operator came back to them with a list…
The Company informs your good Office that 12th, 13th and 14th Meetings of Committee of Creditors of Ricoh India Limited under Regulation 19 of the Insolvency and Bankruptcy Board of India Insolvency Resolution Process for Corporate Persons) Regulations, 2016 were held on 30 January 2019, 8 February 2019 and 11 February 2019. This is a…
NEW YORK, Feb. 12, 2019 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yangtze River Port and Logistics Limited (NASDAQ: YRIV) from February 2, 2016 through December 5, 2018, inclusive (the Class Period) of the important March 4, 2019 lead plaintiff deadline in the first…
A small Dutch company which promised to establish a permanent colony on Mars, self-funding the unprecedented project with reality television deals, has been declared bankrupt. The Mars One project was announced in 2012 with the aim of putting the first four humans on Mars in 2024. It claimed to have attracted interest from 200,000 peoplewho…
The Rio Olympics debts have spiralled out to more than $159 million, almost three years since the Olympic flame was extinguished at the Maracana Stadium. In yet another body blow warning for any global city considering bidding to host the worlds most prestigious sporting event, a report from Brazil claims the Rio Organising Committees debts…