Southern Online Bio Technologies Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of … – The Hindu BusinessLine

Liquidation

sub: Outcome of 1st CoC Meeting of M/s. Southern Online Bio Technologies Limited on 2nd November, 2018 We of herewith attaching the outcome through attachment of pdf file as per the subject. For Southern Online Bio Technologies Ltd., (Kapana G)Interim Resolution ProfessionalIBBI Registration No.: IBBI/IPA-001/IP-POO756/2017-2018/11288 cc To 1) All the Directors of the suspended Board2)…

Radio Host Craig Carton Goes on Trial for Alleged Ticket-Scam Fraud to Pay Gambling Debt – Casino.Org News

Gambling

The fraud trial of New York radio personality Craig Carton got underway on Tuesday. The sports jock once one half of WFANs Boomer and Carton show with former NFL quarterback Boomer Esiason is accused of scamming investors in a bogus ticket-reselling business in order to fund a multimillion-dollar gambling habit. He pleads not guilty. Craig…

Resolution professional gets till Jan 15 to resolve Aircel asset sale – Economic Times

Liquidation

KOLKATA: The bankruptcy court has given the resolution professional overlooking asset monetisation of debt-laden Aircel more time – till January 15 -to complete the corporate insolvency resolution process (CIRP), failing which the telco may go under liquidation. “as informed by the Ld. Resolution Professional, I am of the view that a period of 90 days…

USA Today: Reverse Mortgages Can Help Manage Retirement Mortgage Debt – Reverse Mortgage Daily

Debt Help

Carrying a mortgage into a retirement can present a number of concerns for homeowners, so many experts recommend paying off this debt during the working years. This isnt always possible though, and experts in a recent NerdWallet article that was republished by USA Today, offered ways to help mortgage-carrying retirees. In the article Why you…

Siemens says Sh45bn at stake in Kenya firm row – Business Daily (press release) (blog)

Bankruptcy

Companies Thursday, November 1, 2018 8:26 By GALGALLO FAYO Technicians relocate power transmission cables. FILE PHOTO | NMG Local operators of global technology firm Siemens AG, which is building 1,000km high voltage direct current lines between Ethiopia and Kenya, is seeking the courts protection to stop a firm that is threatening to file an insolvency…