Hyderabad: The National Company Law Tribunal (NCLT) ordered an initiation of corporate insolvency process in respect of Indu Projects Ltd. The company is accused in at least half a dozen CBI and Enforcement Directorate (ED) cases in YS Jaganmohan Reddy disproportionate assets episode. However, the order is likely to result in further litigation from ED,…
American Assets Investment Management Llc increased its stake in Macquarie Infrastructure Cor (MIC) by 33.33% based on its latest 2018Q3 regulatory filing with the SEC. American Assets Investment Management Llc bought 10,000 shares as the companys stock declined 13.35% with the market. The institutional investor held 40,000 shares of the oil refining and marketing company…
NEWCASTLE law firm Roberts Legal has expanded and opened a city base close to the NSW Courts complex in Hunter Street. Husband and wifeand company co-directors Sam and Anna Roberts opened the firm in 2007 in Adamstown. The company will keep its Brunker Road operation but has relocated its corporate and commercial division to premises…
SMALL business owners have expressed concerns they may be locked into long-standing contracts after the closure of a Coast company which provided “free social media and digital marketing services. Rebl Corp staff walked out of its Nicklin Way office building yesterday morning after reportedly being told they had lost their jobs. When the Daily visited…
HOME Fundraising has today (1 March) announced that it is entering into voluntary administration, after more than 16 years of delivering door-to-door fundraising services for charities across the UK. All 16 regional offices have suspended operations and HOMEs staff base of over 600 employees have today entered into a redundancy consultation. Administrators from H W…
Insolvency Solicitor NQ+ PW/1059 Our client is a longstanding and highly regarded commercial firm in Lancashire. It is a firm that has continued to defy the myth that high quality work can only be the preserve of large city practices. The firm has grown organically over the years but represents a real key player in…
Update on the voting results of the 17th meeting of the Committee of Creditors of Viceroy Hotels Limited (CoC). This is to inform you that the e-voting on the resolutions put to vote at the 17th meeting of the CoC of the Company commenced on 28 February 2019 at 02:00 p.m. and concluded on 01…
This is to inform you that the application filed by Anchor Leasing Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016 read with rule 4 of Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 before National Company Law Tribunal, Mumbai Bench has been admitted by the Honble Tribunal vide its Order…
UPDATE: Creditors have voted to place Sporties Dubbo into liquidation, the administrators say. The decision was made at a meeting of creditors held at Dubbo on Wednesday. It comes just over three months since the Erskine Street venue entered voluntary administration. Aaron Lucan and Graeme Beattie, partners of Worrells Solvency and Forensic Accountants NSW &…
27-02-2019ToThe GMDepartment of Corporate Services,BSE Limited,Mumbai.Dear Sir,Sub: Outcome of 5th CoC Meeting of M/s. Southern Online Bio Technologies Limited scheduled on 27th February, 2019.With reference to the subject cited above, I would like to inform you that the following matters are the outcome of the 5th Committee of Creditors Meeting of M/s. Southern Online Bio…