The Twelfth meeting of the CoC of the Corporate Debtor was held on 20 September 2018 at 03:30 PM at 16t Floor, Tower 2, Grant Thornton India LLP, Indiabulls Finance Center, SB Marg, Elphinstone (W), 400013.The outcome of the meeting is summarized as herein below:1. The RP and his legal advisors apprised the COC about…
WORD ON THE STREET Charity fun runs across the country have been cancelled without warning after the company behind it went into liquidation, leaving hundreds of women who purchased tickets fuming. The Miss Muddy events, run by Events Move, is described as Australias most popular female muddy fun run with a range of fun obstacles…
Home-grown electronics retailer Newstead Technologies, which owns brands such as nbox, Digital Style, and @notebook.com is currently in liquidation. A listing onthe Accounting and Corporate Regulatory Authoritys (ACRA) Business Filing Portal indicated that the companys status wasin liquidation creditors voluntary winding up. According to The Straits Times, this refers to the process in which a…
Max Brenner will close more than half its stores for good this coming Monday, only a week after the chocolate and caf chain entered voluntary administration. The swift action follows a rapid review to identify the stores with a financial future. “The decision to close stores is always regrettable but in this case we were…
We would like to inform you that pursuant to an Order dated 27th September 2018 of the National Company Law Tribunal, Kolkata Bench, Corporate Insolvency Resolution Process (CIRP) has been initiated for Advance Powerinfra Tech Limited as per the provisions of the Insolvency and Bankruptcy Code, 2016. A copy of the said order is enclosed…
Top court also stressed the need of “time-bound” disposal of corporate insolvency resolution process New Delhi: The Supreme Court on Thursday said the time taken up by litigations during the corporate insolvency resolution process has to be excluded from the mandatory limit of 270 days in case company law tribunals uphold the plan to revive…
Max Brenner, the v. popular and quite fancy choccie chain, has entered voluntary administration despite the fact chocolate remains one of the only pure and good things left on this accursed planet. The Sydney Morning Herald reports Max Brenner, which boasts 37 stores around the nation, appointed an administrator on Sunday to sort out the…
The Supreme Court on Thursday said the time taken up by litigations during the corporate insolvency resolution process has to be excluded from the mandatory limit of 270 days in case company law tribunals uphold the plan to revive a debt-ridden company. The top court, in an important ruling, also stressed the need of “time-bound”…
Southwood Golf Course (SGC) has suddenly closed after the company that manages the course, Mack Trading, folded. The Farnborough course had been earmarked by owners, Rushmoor Borough Council , as a future source of Suitable Alternative Natural Greenspace (SANG) to support the need for housing in the borough. Despite a petition to oppose the closure,…
We would like to inform you that meeting of the 02nd Committee of Creditors of Sterling International Enterprises Limited is scheduled to be held on Thursday, 04th October 2018 at 2:00 P.M. IST at The Orchid, 70/C, Nehru Road, Near Domestic Airport, Vile Parle (East), Mumbai 400 099, Maharashtra, India. You are requested to take…