Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) and in accordance with the requirements of sub-clause 16(g) of Clause A of Part A of Schedule III of LODR, we wish to inform you that a meeting of Committee of Creditors will be held on 30 May, 2019. You are…
Sub: Extension of time for filing of Audited Financial Results to the Stock Exchanges under Regulation 33 of SEBI (LODR) Regulations 2015 Dear Sir/Madam, Request for seeking extension of time to submit Financial results under Regulation 33 of SEBI(LODR) Regulations, 2015, for Financial Year 2018 – 2019 due to appointment of IRP/RP in the Company…
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly note that the seventh meeting of CoC of Kwality Limited is schedule to be held on 30th May, 2019 at 03:30 PM at The Claridges, Viceregal Hall, 12 Dr. A P J Abdul Kalam Road, New Delhi – 110011…
“As markets contemplate the drag of a global trade dispute, and the consequent more accommodative stance from central banks, bonds yields are trading near eighteen-month lows. The Japanese yen is another beneficiary, although gold is yet to join the party. Stocks are under pressure.” Downer EDI lost 9.1 per cent to close at $7.16 after…
news, local-news, There were 21 insolvencies declared in the Dubbo region in the the first three months of 2019, according to the latest Australian Financial Security Authority (AFSA) figures. Four were business related insolvencies and 17 were non-business related or not stated. The numbers differ only slightly from those reported in the last three months…
Telstra has announced it will record $500 million in impairments in its FY19 results as it writes off its legacy IT assets, and increased its forecast annual restructuring costs due to expedited job cuts. Telstra CEO Andy Penn.Credit:Peter Rae Like other legacy telecom firms around the world, Telstra is finding it hard to battle cutthroat…
Los Angeles, 28 May 2019 International law firm Hogan Lovells is pleased to announce that David Simonds has joined the firms Business Restructuring and Insolvency (BRI) practice as a partner based in the firms Los Angeles office. I am very excited to expand my practice both nationally and internationally at Hogan Lovells, said Simonds. Ive…
This is to inform you that the 17th Meeting of Committee of Creditors (CoC) was held on 24th May, 2019. In the meeting, The Resolution Professional apprised the members of the Committee of Creditors that SOM Distilleries Pvt Ltd and Kals Distilleries Pvt ltd have submitted their revised bids for the Corporate Debtor. After discussions…
The science fiction writer William Gibson once observed the future is already here its just not very evenly distributed. This sentiment almost perfectly describes the current state of digital transformation within banking. Some operational areas, like account opening and fraud management, have seen significant changes as banks have worked to redesign legacy processes around new…
Published 27 May 2019 A High Court test case which would have significantly clarified the law around debt-for-equity personal insolvency arrangements has been struck out on a technicality. The case was brought by Start Mortgages against a personal insolvency arrangement approved in Trim Circuit Court, which saw a mans mortgage written down from almost…