Punj Lloyd Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

Sub: Extension of time for filing of Audited Financial Results to the Stock Exchanges under Regulation 33 of SEBI (LODR) Regulations 2015 Dear Sir/Madam, Request for seeking extension of time to submit Financial results under Regulation 33 of SEBI(LODR) Regulations, 2015, for Financial Year 2018 – 2019 due to appointment of IRP/RP in the Company…

Reliance Communications Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) and in accordance with the requirements of sub-clause 16(g) of Clause A of Part A of Schedule III of LODR, we wish to inform you that a meeting of Committee of Creditors will be held on 30 May, 2019. You are…

Kwality Limited – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly note that the seventh meeting of CoC of Kwality Limited is schedule to be held on 30th May, 2019 at 03:30 PM at The Claridges, Viceregal Hall, 12 Dr. A P J Abdul Kalam Road, New Delhi – 110011…

Mount Shivalik Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

This is to inform you that the 17th Meeting of Committee of Creditors (CoC) was held on 24th May, 2019. In the meeting, The Resolution Professional apprised the members of the Committee of Creditors that SOM Distilleries Pvt Ltd and Kals Distilleries Pvt ltd have submitted their revised bids for the Corporate Debtor. After discussions…

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

Notice along with Agenda for the 10th Meeting of the Committee of Creditors of Southern Online Bio Technologies Limited (under corporate Insolvency resolution Process) under the provisions of The Insolvency and Bankruptcy Code, 2016 read with Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. Day & Date: Thursday 30th…

Punj Lloyd Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

Pursuant to Reg. 30(2) read with sub- cl. 16(f) of Cl. A of Part A of Sch. III of the SEBI (LODR) Regulations, 2015 and in continuation to our earlier disclosure on 16.05.2019 reg. outcome of the 3rd meeting of the Committee of Creditors (COC), whereby COC had resolved to replace the Interim Resolution Professional(IRP)…

NCLT dismisses ICICI Bank insolvency plea against Hyderabad Ring Road Projects – Business Today

The National Company Law Tribunal (NCLT) has dismissed an insolvency plea filed by ICICI Bank against Hyderabad Ring Road Projects, observing that there was “duplicacy of the claims” of the private lender. A two-member bench headed by President Justice M M Kumar said ICICI Bank has already raised the similar claims against its corporate guarantor…

Five Reasons IBC Is Less Effective Than It Could Be – BloombergQuint

Three years ago, the government passed a consolidated framework for insolvency and bankruptcy. The objectives of the code were clearresolution of corporate entities, partnership firms and individuals in a time-bound manner for: Maximisation of value of assets. Promoting entrepreneurship, availability of credit. Balancing the interests of all stakeholders. But 30 months and 1,858 cases later,…