We would like to inform you that with a shorter notice vide the Notice dated 26 August 2018 issued by CA Vishal Ghisulal Jain, Interim Resolution Professional, the 1st meeting of the Committee of Creditors of Sterling International Enterprises Limited was held at The Orchid, 70/C, Nehru Road, Adjacent to Domestic Airport, Vile Parle (E),…
JOSEPH JOHNSON/STUFF Students from Avonmore Tertiary Institute are considering their next moves after the college announced its voluntary liquidation on Thursday. A Christchurch training college has gone into voluntary liquidation, leaving about 140 students and 25 staff in tears and unsure of their futures. Avonmore Tertiary Institute told staff, students, and government agencies on Thursday that it “can no longer…
The Hyderabad Bench of the National Company Law Tribunal has permitted corporate insolvency proceedings against Ind-Bharat Energy (Utkal Limited), as per the provisions of the Insolvency and Bankruptcy Code, 2016 paving the way for resolution. The Tribunal, while delivering its order on petitions filed by Bank of Baroda and Macquarie arm MAIF Investment India pte…
Dear Sir/Madam, This is to inform you that Castex Technologies Limited (“CTL”) is undergoing the Corporate Insolvency Resolution Process under the provisions of the Insolvency and Bankruptcy Code, 2016 (“Code”), in terms of order passed by the Honble National Company Law Tribunal (“NCLT”), Chandigarh Bench, with effect from 20th December,2017. Mr. Dinkar T. Venkatasubramanian was…
The National Company Law Tribunal vide its order dated 30/08/2018 has admitted a plea filed by operational creditors who initiated Corporate Insolvency Resolution Process (CIRP) against Lavasa Corporation Limited under the Insolvency and Bankruptcy Code 2016 (IBC). NCLT has appointed Mr. Devendra Prasad as Interim Resolution Professional under the provisions of the IBC. Lavasa Corporation…
Dear Sir / Madam, We would like to inform you that meeting of 16th Committee of Creditors of ABG Shipyard Limited is scheduled to be held on Monday, 03rd September 2018 at 02:30 P.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Worli Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra. You are requested to take…
Dear Sir / Madam, We would like to inform you that meeting of the 03rd Committee of Creditors of Sterling Biotech Limited is scheduled to be held on Tuesday, 04th September 2018 at 03:00 P.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. You are requested to…
WEST Perth creditors can get back 4 per cent of what they are owed or get nothing. That is essentially the message after administrator KordaMentha released its recommendations this week into the finances of the Joondalup WAFL club, which went into voluntary administration last month with about $790,000 debt. It means if the Falcons owe…
Foodora announced it would close operations in Australia on August 2, but 15 days later was placed in voluntary administration. Its believed that concerns over outstanding tax liabilities to both the NSW and federal governments led the German parent company, Delivery Hero, to pull its support for the business, hastening its demise. Delivery Hero, worth…
Prominent Albany construction business Tectonic Construction Group entered liquidation last week with immediate effect. At a company general meeting on August 22, it was agreed the business, which started in 1987, would be wound up. The decision came only months after the business finished the Albany Tourism and Information Hub earlier this year, after comfortably…