More share buttons Share with your friends Share on Pinterest Prime Minister Gaston Browne of Antigua and Barbuda addresses the general debate of the General Assemblys seventy-second session. (Photo Credit: UN/Cia Pak) NEW YORK, United States, Friday September 22, 2017 Faced with a bill expected to run into the millions to rebuild Barbuda which…
DetailsNot so long, all the creditors, as well as the debtors were welcoming the move of the legislature in introducing the now most complicated Insolvency and Bankruptcy Code, 2016 (Code) but now everybody has realized that the code which is well defined procedurally is actually having many issues which need to be settled. The most…
DetailsROCKWELL Diamonds has gone into provisional liquidation after the Kimberley High Court granted an order to discontinue the services of the stricken firms business rescue practitioner Metis Strategic Advisors. According to a note sent to Rockwell employees by Peter van den Steen, a director of Metis Strategic Advisors, there was still a chance the company…
DetailsScandal-plagued Acquire Learning goes into administration exit The shakeout of Australia’s privatised vocational education market has claimed one of its biggest players. Acquire Learning, a company which once boasted former AFL boss Andrew Demetriou as chair of its advisory council, went into voluntary administration on Friday on the verge of insolvency. Back in 2014 the…
DetailsBHUBANESWAR: Members of the banned CPI (Maoist) have allegedly damaged Essar Steel‘s 273-km iron ore slurry pipeline from Dantewada in Chhattisgarh to Visakhapatnam in Andhra Pradesh near Odisha-Andhra border. The pipeline is critical for Essar‘s Visakhapatnam steel plant, bringing 22,000 tonnes of iron ore daily from state miner NMDC’s Bailadila mines in Dantewada to the…
DetailsThe country best known for its stunning temples and turbulent social history welcomed the regions gamblers after a recent change of heart. But with its neighbours also beginning to loosen gaming laws, what does the future hold? The history of gambling in the Kingdom of Cambodia could kindly be described as chequered. Completely banned under…
DetailsGeneral Electric Co. is nearing an agreement to sell its industrial-solutions business to ABB Ltd. in a deal valued at $2.5 billion to $3 billion, people with knowledge of the matter said. The companies are likely to announce an accord by next week, said the people, who asked not to be identified because the talks…
DetailsTsvetan Vassilev. Photo: Medija centar A Serbian court on Wednesday declared the bankruptcy of the Serbian Glass Factory company, linked to the exiled Bulgarian tycoon Tsvetan Vassilev, who is wanted in Bulgaria for the collapse of his Corporate Commercial Bank, CCB, in 2014. The Commercial Court in Kragujevac, Serbia, told Beta news agency that the…
DetailsAdvertisementThe U.S. Trustee assigned to the Kid Brands case filed with the U.S, Bankruptcy Court a motion to convert the Companys Chapter 11 reorganization to a liquidation under Chapter 7. Advertisement The motion explains, The Debtors have failed to comply with the United States Trustee Operating Guidelines and Reporting Requirements for…
DetailsSep 22, 2017 12:23 PM IST | Source: CNBC-TV18 Mukand stock has been buzzing around. The company produces both alloy steel as well as stainless steel. In an interview to CNBC-TV18, Rajesh V Shah, Co-Chairman & MD of Mukand spoke about the latest happenings in the company and his outlook going ahead. Mukand stock has…
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