NCLT Delhi okays resolution plan submitted by JSW Steel – Economic Times

KOLKATA: National Company Law Tribunal (NCLT), New Delhi has approved the resolution plan submitted by JSW Steel as approved by the Committee of Creditors of Vardhman Industries Limited (VIL), which has been undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016, according to a notification by JSW Steel to the BSE on…

Bestjet director claims collapse caused by $3.2m payment that did not materialise – The Guardian

The director of the collapsed flight booking service Bestjet has told a meeting of the companys creditors that he was forced to go into voluntary administration after he did not receive a promised $3.2m payment from the companys former owners. Last week Guardian Australia reported the Queensland-based budget airfare company Bestjet had gone into voluntary…

Glancy Prongay & Murray LLP Reminds Investors of the Deadline in the Class Action Lawsuit Against Yangtze River Port and Logistics Limited – Business Wire

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (GPM)reminds investors of the March 4, 2019deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Yangtze River Port and Logistics Limited (Yangtze River or the Company) (NASDAQ:YRIV) securities between February 2, 2016 and December 5, 2018, inclusive (the ‘Class…

Amalgamation deal between Maitland Leagues Club and Club Maitland City is off – The Maitland Mercury

maitland leagues club, club maitland city, ian martin, jeff shute, shaw gidley, administration, clubs The much touted amalgamation between Maitland Leagues Club and Club Maitland City has been axed after creditors were told the historic club will now be placed into liquidation. Maitland Leagues Club went into voluntary administration earlier this year owing creditors, including…