Electricity pylons stand in Johannesburg, South Africa, 26 February 2009. EPA/JON HRUSA There has been much speculation in the media on the pending restructuring and unbundling of Eskom. It is expected that President Cyril Ramaphosa will be giving some direction in this regard in his state-of-the-nation address on Thursday. For more than a year, in…
One of Tomorrowlands key stage design associates, Neverland Themepark Projects, has declared bankruptcy. The company, which was founded in 1997, had been working with Tomorrowland since the EDM event was launched in 2005. Last week, however, it was reported that the company would no longer be providing its services to the festival or any other…
news, local-news, Waggas branch of the Napoleon Perdis makeup store chain has beenpermanently closedabout a week after its parent company went into voluntary administration. The citys Wagga Marketplace store, which was temporarilyshuton Thursday for a stocktake, was one of 28 stores marked for closure by the administrators on Monday. Administrator Simon Cathro from the Worrllls…
news, local-news, Waggas branch of the Napoleon Perdis makeup store chain has beenpermanently closedabout a week after its parent company went into voluntary administration. The citys Wagga Marketplace store, which was temporarilyshuton Thursday for a stocktake, was one of 28 stores marked for closure by the administrators on Monday. Administrator Simon Cathro from the Worrllls…
One simple change that can help pay off your credit card debt The average household with credit card debt owes more than $16,000. The Mid-South is no different with nearly every person who is carrying debt owing thousands. The holiday season is one that is particularly tough for families. Americans racked up more than $1,000…
An oppressive amount of debt can feel like a heavy weight on your shoulders. Every month the problem can seem to get worse as interest accrues and bills continue to fill the mailbox. And it can affect people in several ways: According to a study by the American Psychological Association in 2015, some 72% of…
West Australians are making more calls per capita to the National Debt Helpline than residents in any other state, as the legacy of a mining construction and housing downturn continues to bite. Key points: The WA branch of the helpline received on average 7080 calls per day last month 30 per cent of calls…
What The Directors Want The directors sought that the CoCs decision to back ArcelorMittal India Pvt. Ltd.s bid should be quashed and set aside. They also asked the NCLT to direct the resolution professional and the CoC to provide them with all documents necessary for deliberations and discussions during meetings. But most importantly, the directors…
Dear Sir, This is in reference to the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, we would like to bring to your notice that the 7th meeting of the Committee of Creditors (CoC) of Uttam Value Steels Limited (the Company) was held on January 30, 2019 to…
The inter-se claims by parties over assets of the corporate debtor cannot be determined by the Adjudicating Authority under the Insolvency and Bankruptcy Code, held the National Company Law Appellate Tribunal. The NCLAT was dealing with appeals by two companies, who contended that the Resolution Professional had wrongly treated the articles handed over by them…