Brief Analysis of the Major Amendments to Insolvency and Bankruptcy Code, 2016 (Code) in 2018 – Legal Desire News Network

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Introduction: The Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as IBC) undergoes to second amendment to ensure enforcement of the provisions of the Code aiming towards the fulfilment of its objective of time-bound resolution process. These amendments will make easier effective implementation and obtain desired results. Following are the significant amendments introduced in the…

Ceres Agricultural Company placed in voluntary administration – Queensland Country Life

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STAFF at troubled farm business Ceres Agricultural Companyhave been told to expect significant job losses after the company was placed in voluntary administration with advisory groupGrant Thornton. In an internal memo sent to all staff from owner Garrick Hawkins on Thursday, staff were told the current business was unsustainable and Ceres would be closed. It…

Ceres Agricultural Company placed in voluntary administration – Queensland Country Life

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STAFF at troubled farm business Ceres Agricultural Companyhave been told to expect significant job losses after the company was placed in voluntary administration with advisory groupGrant Thornton. In an internal memo sent to all staff from owner Garrick Hawkins on Thursday, staff were told the current business was unsustainable and Ceres would be closed. It…

Uttam Value Steels Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

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Sub: Outcome of the 12th Meeting of Committee of Creditors of Uttam Value Steels Limited Dear Sir,This is in reference to the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, we would like to bring to your notice that the 12th meeting of the Committee of Creditors (CoC)…

Southern Online Bio Technologies Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

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Notice of 7th Meeting of Committee of Creditors ofSOUTHERN ONLINE BIO TECHNOLOGIES LIMITEDNotice along with Agenda and Notes to Agenda for the 7th Meeting of theCommittee of Creditors of Southern Online Bio Technologies Limited(under Corporate Insolvency Resolution Process) under the provisions ofThe Insolvency and Bankruptcy Code, 2016 read with Insolvency andBankruptcy Board of India (Insolvency…

Majority of Corporate Insolvency Cases Settled, Next Move is to Resolve Personal Insolvency: Injeti Srinivas – – Accommodation TAccimes

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Image for representation By Accommodation Times Bureau NEW DELHI: Injeti Srinivas, Secretary, Ministry of Corporate Affairs on Monday said the majority of corporate insolvency, which has led to a burgeoning of NPAs, has been settled and the accent is now on resolving personal insolvency. He was speaking at CII-British High Commission organised National Conference on…