newsGP – ‘Scary’ co-op failure sets off ‘alarm bells’ for general practice – RACGP

Liquidation

News GPs are calling for widespread primary care funding reform after a not-for-profit bulk-billing co-operative servicing 30,000 patients went into voluntary administration. Pure bulk-billing clinics are becoming less and less sustainable. The National Health Co-operative (NHC), which runs eight not-for-profit bulk-billing clinics in the ACT, reportedly entered voluntary administrationdue toan insurmountable forecast deficit following the…

Cyril Amarchand Mangaldas advises on corporate insolvency resolution process of Dewan Housing Finance Corporation – ANI News

Liquidation

ANI | Updated: Jun 22, 2021 15:54 IST New Delhi/Mumbai [India], June 22 (ANI/NewsVoir): Cyril Amarchand Mangaldas (Firm) acted as the legal counsel to Committee of Creditors (CoC) of Dewan Housing Finance Corporation Limited (DHFL) on DHFL’s corporate insolvency resolution process. The CoC of DHFL comprises of banks, financial institutions, and authorised representatives acting on…

Cyril Amarchand Mangaldas Advises on Corporate Insolvency Resolution Process of Dewan Housing Finance Corporation – Outlook India

Liquidation

(Eds: Disclaimer: The following press release comes to you under an arrangement with Newsvoir. PTI takes no editorial responsibility for the same.) Delhi | Mumbai, India (NewsVoir) Cyril Amarchand Mangaldas (Firm) acted as the legal counsel to Committee of Creditors (CoC) of Dewan Housing Finance Corporation Limited (DHFL) on DHFLs corporate insolvency resolution process. The…

NORTHSTAR FINANCIAL SERVICES (BERMUDA) INVESTOR ALERT: KlaymanToskes Investigates Investor Losses in Light of Company’s Chapter 15 – GlobeNewswire

Liquidation

MIAMI, June 21, 2021 (GLOBE NEWSWIRE) — National investor fraud law firm, KlaymanToskes (KT), announces an investigation on behalf of investors in Northstar Financial Services (Bermuda) Ltd. following its recent bankruptcy and order to liquidate by the Bermuda government. Northstar Financial Services was a Segregated Accounts Company regulated by the Bermuda Monetary Authority, and touted…

National Health Co-operative enters voluntary administration – The RiotACT

Liquidation

Canberras National Health Co-op was a groundbreaking healthcare model. Photo: File. UPDATED 9.50am: Administrators for the National Health Co-operative say they are confident the embattled health service can continue trading for at least three months, given the cash flow. Speaking to ABC Radio, Michael Slaven from Slaven Torline said that he was hopeful the NHCs…

National Health Co-op goes into voluntary administration – The Canberra Times

Liquidation

The National Health Co-op, which runs eight not-for-profit clinics in Canberra, has gone into voluntary administration. In a message to staff on Monday, administrators Slaven Torline said the end of JobKeeper and “recent staff changes” had left an “insurmountable” forecast deficit. “The board and management have looked at further ways to address the NHC’s financial…

Easier dilution norms for large IPOs where post-listing m-cap tops Rs 1 trn – Business Standard

Liquidation

Move seen as precursor to LIC IPO; 5% minimum public shareholding compulsory on IBC relisting TopicsIPO|LIC |market cap Easier dilution norms for mega initial public offerings (IPOs) have come into effect. Companies with post-listing market capitalisation (m-cap) of more than Rs 1 trillion will not be required to dilute a minimum of 10 per cent.…