Reliance Capital COC rejects all bids, decides liquidation: Sources – Business Standard

Liquidation

The Committee of Creditors of Reliance Capital, in its meeting held on Wednesday, has decided to reject all the binding bids that it received from the bidders on Monday TopicsReliance Captial|finance sector|Companies IANS | Mumbai Last Updated at November 30, 2022 17:55 IST ‘).insertAfter(“.article-content__img”);$(“.article-content__img div”).find(‘div’).remove(); //]]> The Committee of Creditors (COC) of Reliance Capital (RCAP),…

Dixon Advisory clients to receive pittance under DOCA plan – The Australian Financial Review

Liquidation

PwC said it backed the DOCA because of the higher anticipated return to creditors and greater perceived certainty, and quicker process, while also providing a better outcome in terms of accessing insurance proceeds. While various claims have been made by investors over alleged losses suffered as a result of financial advice received from DASS, by…

`Financial creditors forego Rs 790.626 cr under insolvency resolution process’ – Daijiworld.com

Liquidation

Chennai, Nov 29 (IANS): With the debt recoverable rate going down to 30.8 per cent or Rs 243,452.5 crore (lenders foregoing Rs 70 per cent of their admitted claims of Rs 790,626.2 crore) the number of cases admitted for Corporate Insolvency Resolution Process (CIRPs) has increased since the launch of the Insolvency and Bankruptcy Code…

Metamorph business goes into liquidation | News | Law Gazette – Law Gazette

Liquidation

A business linked with the struggling Metamorph Group has gone into liquidation, it was confirmed today, as the companys former chief has made a surprise apparent return. A notice in the London Gazettestated that Beaumont ABS Ltd appointed liquidators earlier this month, following agreement by the firms creditors. The liquidation is being handled by Michael…

Grand Cinemas’ future uncertain as company enters administration – Bunbury Mail

Liquidation

Film fanatic Christopher Liffers says he’d hate to see the cinema go. Picture – Edward Scown The company which runs Bunbury’s Grand Cinemas has announced they have entered voluntary administration, leaving the future for local movie fans in the balance. One cinema regular, Christopher Liffers, said he was shocked by the news. He’s been visiting…

Grand Cinemas’ future uncertain as company enters administration – Bunbury Mail

Liquidation

Film fanatic Christopher Liffers says he’d hate to see the cinema go. Picture – Edward Scown The company which runs Bunbury’s Grand Cinemas has announced they have entered voluntary administration, leaving the future for local movie fans in the balance. One cinema regular, Christopher Liffers, said he was shocked by the news. He’s been visiting…