Sterling Biotech Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution … – The Hindu BusinessLine

Dear Sir / Madam, We would like to inform you that 07th meeting of Committee of Creditors of Sterling Biotech Limited was held on Tuesday, 06th November 2018 at 11.00 A.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. You are requested to take the same on…

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Five Sugar Millers Among 26 Companies The Government Is Selling To Offset Debt – KahawaTungu (press release) (blog)

IMAGE/ COURTESY The government is set to sell its stake in 26 companies to private investors in a bid to fund the budget deficit, and repay debt. Among those to be sold include36 companies owned by the government were declared insolvent by the 2015-16 government audit report. The companies according to the audit report required…

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Aegean Marine Petroleum Network Inc. Files for Chapter 11 to Implement Restructuring Transaction with Mercuria … – Business Wire (press release)

NEW YORK–(BUSINESS WIRE)–Aegean Marine Petroleum Network Inc. (NYSE:ANW) (Aegean or the Company) announced today that the Company and certain of its subsidiaries (the debtors) filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code in the Bankruptcy Court for the Southern District of New York. The debtors enter this process with the…

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Parabolic Drugs Ltd – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

This is to inform you that pursuant to the provisions of Regulations 17, 19 and 20 of the IBBI(Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the second meeting of Committee of Creditors (“CoC”) of the corporate debtor is scheduled to be held on Saturday, 3rd November, 2018 at 11 A.M. at Hold K.C. Residency,…

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Shareholders of ABLV Bank, AS in Liquidation Approve 2017 Financial Report – GlobeNewswire (press release)

Riga, Latvia, 2018-11-06 09:07 CET (GLOBE NEWSWIRE) — On 5 November 2018, a scheduled general meeting of shareholders of ABLV Bank, AS in liquidation took place, where the consolidated and separate financial report of the company for 2017 was approved. In 2017, the banks operating income totalled EUR 101.4 million, while the profit amounted to…

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NCLT to take up Essar Steel insolvency case on Nov 28 – The Hindu BusinessLine

The National Company Law Tribunal (NCLT) is set to hear all the caveats filed by the operational creditors and aggrieved parties together in the Essar Steel insolvency case starting November 28. Apart from the three separate cases already filed against the ArcelorMittal resolution approved by Committee of Creditors, some operational creditors are planning to move…

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