MUMBAI: The Mumbai bench of the bankruptcy court is scheduled to hear on Monday insolvency petitions filed against Jet Airways by two of its suppliers, a development that could hurt the efforts of banks to cobble together a deal with investors to revive the grounded airline. Banks have so far tried to keep Jet out…
newsletters, editors-pick-list, vallec, tobias McCosker, liquidation, electrical, Toby McCosker, Sydney Swans A HUNTER electrical company that sponsored the Sydney Swans AFL team has gone into liquidation owing more than $3 million, including more than $250,000 in entitlements to 14 employees. Vallec, Vallec EP and Vallec MP were voluntarily placed in the hands of a liquidator…
About 100 retirees caught up in a corporate collapse fear they will be left homeless after investing millions of dollars in a complex retirement scheme which offered to pay their rent for life. Sterling First, the flagship of a sprawling WA group of property management and investment companies behind the scheme, collapsed last month, leaving…
The Company has received a Notice from National Company Law Tribunal (NCLT), Mumbai Bench on June 07, 2019 via an email, regarding an application filed by one of the Financial Creditors of the Company i.e. Corporation Bank to initiate Corporate Insolvency Resolution Process under Section 7 of Insolvency and Bankruptcy Code, 2016 read with rule…
This is to inform you that the 19th Meeting of Committee of Creditors (CoC) was held on 04th June, 2019. In the said meeting the Resolution Plan of H1 qualified Resolution Applicant i.e. Som Distilleries Pvt. Ltd. was put to vote by COC members and the same was not approved by 100% voting share. The…
SUPPLIED Arrow International owners and directors Bob Foster and Ron Anderson attended a watershed creditors meeting. Arrow International was placed in liquidation by creditors after a resounding vote at a watershed meeting held by voluntary administrators at accounting firm BDO. DirectorsRon Anderson of Dunedin and Bob Foster from Christchurch attended one of the four simultaneous…
It is, hereby, informed that Honble National Company Law Tribunal New Delhi Bench, vide order dated May 24, 2019 (copy of order is received on June 06, 2019), after considering Progress Report on Resolution Process by the Resolution Professional, has extended CIRP time period by 90 days i.e. upto September 07th, 2019 in respect of…
Sub: Outcome of 13th CoC Meeting of M/s. Southern Online Bio Technologies Limited scheduled on 6th June, 2019. With reference to the subject cited above, I would like to inform you that the 13th CoC meeting got cancelled and will be scheduled again on 17th June, 2019 since the decision on approval of resolution plan…
To,The Deputy General Manager,Corporate Relationship Department,Bombay Stock Exchange Limited1st Floor, New Trading Ring,Rotunda Building, P. J. Towers,Dalal Street, Mumbai – 400 001 Ref: Script Code 502223 Ref : Intimation of Second Meeting of Committee of Creditors of Excel Glasses limited under Regulation 30 of SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) read with…
Ms Soutsakhorn Chanthabouly (known as Nicole Khammenathy) of Carnes Hill, NSW, has been convicted and sentenced after pleading guilty to charges related to illegal phoenix activity. She was a shadow director of MK Asbestos Removal Pty Ltd ACN 142 918 590, which operated a business of asbestos removal services in New South Wales. Ms Chanthabouly…