Petron Engineering Construction Ltd. – Corporate Insolvency Resolution Process (CIRP)-Replacement of Interim … – The Hindu BusinessLine

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…

BioAmber Provides Update on Liquidation Process – Markets Insider

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…

Abg Shipyard Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

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.…

Supreme Court asks NCLT to deal with insolvency proceedings against Jaypee group – Economic Times

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…

CQ builder investigation finds claims of insolvent trading – Rockhampton Morning Bulletin

INVESTIGATIONS are continuing into the collapse of CQ builder Metro Builders, including claims the business made unfair preference payments and traded while insolvent. Liquidator Jirsch Sutherland was appointed after Metro Builders closed on June 8 leaving debts of almost $5 million and 40 homes unfinished. Jirsch Sutherland partner Chris Baskerville said he hoped to reach…