Reid & Taylor India (RTIL) has been admitted for insolvency and bankruptcy proceedings at the National Company Law Tribunal (NCLT) bench here. The Corporate Insolvency Resolution Process has begun and the 180-day deadline for a resolution plan set in. Edelweiss Asset Reconstruction Company (ARC) and Finquest Financial Solutions had filed…
Having concluded hearing from all the parties in the Essar Steel insolvency case, the Ahmedabad bench of National Company Law Tribunal (NCLT) is likely to pronounce the order no later than April 12. On Friday, legal counsels of VTB-backed Numetal, ArcelorMittal, resolution professional (RP) and Essar Steel’s Committee of Creditors (CoC) presented their concluding…
Back in Sydney Erica and the kids have been staying at the impressive Vaucluse mansion Coolong, the beachfront residence of expats Ivan and Marina Ritossa, which set a record back in 2008 when they bought it for a reported $44 million from the late Allco founder David Coe. Indigo and Jackson Packer fom a private…
Dubbo Regional Council has defended its original decision to appoint Shearer Contracting Pty Ltd which has now been placed in voluntary administration to deliver the Boundary Road extension. Work on the project was suspended this week, after Mitchell Griffiths and Chad Rapsey, of Rapsey Griffiths Insolvency and Advisory, were appointed joint and several administrators of Shearer Contracting…
Los Angeles, her “roots”. Back in Sydney Erica and the kids have been staying at the impressive Vaucluse mansion Coolong, the beachfront residence of expats Ivan and Marina Ritossa, which set a record back in 2008 when they bought it for a reported $44 million from the late Allco founder David Coe. Previous tenants of…
Pastor Stephen Hayes announced to his church on Easter Sunday that they helped cancel $10 million in debt for veterans and families in the DFW area. (Covenant Church) … Read the full article at: http://www.foxnews.com/us/2018/04/06/texas-church-helps-forgive-10-million-in-medical-debt-for-veterans-local-families.html
The National Company Law Tribunal (NCLT) in Mumbai dismissed a petition filed by F J Elsner Trading GMBII against Jyoti Structures Ltd, providers of turnkey solutions in the field of power transmission, who were the first referred to the NCLT by State Bank of India (SBI) back in August 2017. …
2:15 pm Gainers: Titan Company, BPCL, HPCL, Lupin and Sun Pharma are biggest gainers, rising up to 4 percent. HDFC Bank, ITC, Bajaj Finance, IOC, Tata Motors and Reliance Industries were up 0.2-0.9 percent. 2:08 pm Market Update: Benchmark indices continued to consolidate around previous day’s closing values amid US-China trade war. Investors await corporate…
SALIM Mehajer is wasting now time getting back on the social media wagon after his release from prison. The controversial former Auburn deputy mayor posted the image of himself with the caption Back to busy-ness (sic) … WASTING NO TIME on Thursday night to his Instagram story. He could be seen in the picture smiling,…
Share price of Binani Industries gained 8 percent in the early trade on Friday as company filed an application to terminate CIRP of its subsidiary. The company filed an application for termination of the company insolvency and resolution proceedings (CIRP) of its subsidiary Binani Cement. Binani Industries has received an offer from the Aditya Birla…