k1 Ventures to undertake proposed members’ voluntary liquidation – The Business Times

Fri, Jan 12, 2018 – 8:15 PM INVESTMENT holding company k1 Ventures Limited (k1) announced on Friday that it intends to undertake a proposed members’ voluntary liquidation of the company. This comes after k1 completed the disposal of its entire interests in Chicago-based financial services and investment management holding company Guggenheim Capital for approximately US$221…

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DocuTap lays off multiple employees in ‘strategic restructuring’ – Sioux Falls Argus Leader

Buy Photo DocuTap in downtown Sioux Falls, S.D., Tuesday, June 7, 2016.(Photo: Emily Spartz Weerheim / Argus Leader)Buy Photo A health technology firm in Sioux Falls laid off multiple employees Wednesday. DocuTap confirmed the layoffs Thursday, although it didn’t confirm the number of employees who lost their jobs.  “We did do a strategic restructuring yesterday,”…

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IVRCL extends gains after lender initiates corporate insolvency resolution process – Business Standard

IVRCL was locked at 5% upper circuit at Rs 6.45 at 15:00 IST on BSE, with the stock extending surge triggered by the company announcing that its lender, State Bank of India has initiated corporate insolvency resolution process against the company. The announcement was made during market hours yesterday, 11 January 2018. The stock…

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Indian tribunal orders liquidation of Gujarat NRE Coke – Kitco News

Reuters Friday January 12, 2018 3:25 AM Kitco News Share this article: Jan 12 (Reuters) – India’s National Company Law Tribunal (NCLT) has ordered liquidation of Gujarat NRE Coke Ltd after the company’s debt resolution plans failed. The Kolkata benc… Read the full article at: http://www.kitco.com/news/2018-01-12/Indian-tribunal-orders-liquidation-of-Gujarat-NRE-Coke.html

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Who is Dominic Chappell and what’s his net worth? The man who bought BHS for £1 found guilty of pension crisis … – The Sun

DOMINIC Chappell purchased British high street chain BHS for £1 from Sir Philip Green in 2015 just over a year before its collapse with a multi-billion pensions black hole. Dominic Chappell has since been found guilty of failing to provide information to the Pensions Regulator after the chain went bust – but who is he…

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Videocon-Dish TV merger may get affected by insolvency case against Videocon Industries – Livemint

Dish TV and Videocon d2h had announced a merger in November 2016. Photo: Mint Mumbai: Direct-to-home (DTH) operator Dish TV India Ltd on Thursday pointed to the ongoing insolvency proceedings against Videocon group in the context of the delay in its planned merger with Videocon d2h. Dish TV and Videocon d2h had announced a merger…

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SBI initiates insolvency proceedings against IVRCL; shares up 4.7% – Hindu Business Line

Hyderabad, Jan 12:   State Bank of India has initiated corporate insolvency proceedings against IVRCL Ltd. In a regulatory filing made with the BSE, the Hyderabad-based infrastructure company has informed that the provisions of Insolvency and Bankruptcy Code 2016 (IBC) have been invoked by the lender. The debt laden company said that SBI had initiated Corporate…

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