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

Notice of 12th Meeting of Committee of Creditors of SOUTHERN ONLINE BIO TECHNOLOGIES LIMITEDNotice along with Agenda for the 12th Meeting of the Committee of Creditors of Southern Online Bio Technologies Limited (under Corporate Insolvency Resolution Prodess) under the provisions of The Insolvency and Bankruptcy Code, 2016 read with Insolvency and Bankruptcy Board of India…

Mount Shivalik Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

This is to inform you that the 18th Meeting of Committee of Creditors (CoC) was held on 01st June, 2019. In the meeting, Authorised Representatives from SDPL and KDPL (Resolution Applicants) were invited for declaration of H 1 & H 2 bidder. On the basis of scoring as per the Evaluation matrix: Som Distilleries Private…

How Debt Impacts Merger And Acquisition Transactions In Stressed Asset Sale – Inc42 Media

In the past couple of years, India has witnessed quick resolutions for tackling non-performing stressed assets (NPAs) and debts in India, including its restructuring thereof, by providing a powerful tool to the financial and operational creditors in the form of the Insolvency and Bankruptcy Code, 2016 (the IBC, 2016). The effective reforms in the IBC,…

Liquidation of New Zealand crypto exchange reaches NYC bankruptcy court – The Block Crypto

Quick Take Cryptopia, a New Zealand based crypto exchange, filed for liquidation after suffering a serious hack and failing to recover the stolen assets The exchange stored its customer data with Arizona-based company PNAP, but after liquidation, did not receive satisfactory assurance that the data would remain secure without payment Cryptopia filed a Motion for…

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

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and in accordance with the requirements of sub-clause 16(g) of Clause A of Part A of Schedule III of Listing Regulations, we wish to inform you that the First meeting of the Committee of Creditors (CoC) was conducted on 30…

Jaihind Projects Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

This is to inform you that, the 7th meeting of the Committee of Creditors of Jaihind Projects Limited is held on today, Friday, May 31, 2019 at 3.00 P.M. IST at 5A Vardan Tower, Near Vimal House, Lakhudi Circle, Ahmedabad 380014 and decided to extend the time for submission of Resolution Plans by the resolution…

Silver Oak Commercial Ltd. – Corporate Insolvency Resolution Process (CIRP)-Appointment of Interim Resolution Professional (IRP) – The Hindu BusinessLine

We hereby intimate you that CIRP has been initiated in respect of Silveroak Commercials Limited (the company) under the provisions of Insolvency and code 2016 (IBC) by an order of National Company Law Tribunal with effect from 2nd May 2019.As per section 17 of IBC 2016, the powers of the board of directors stands suspended,…