Mount Shivalik Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

This is to inform you that the 18th Meeting of Committee of Creditors (CoC) was held on 01st June, 2019. In the meeting, Authorised Representatives from SDPL and KDPL (Resolution Applicants) were invited for declaration of H 1 & H 2 bidder. On the basis of scoring as per the Evaluation matrix: Som Distilleries Private…

Bringing Businesses Back From The Brink – Asian Scientist Magazine

AsianScientist (Jun. 3, 2019) By Jeremy Chan Amidst uncertainties in the global economy whether they be caused by international tensions or digital disruption companies may suddenly find themselves facing financial hardship. Should debt exceed income for extended periods of time, the likelihood of defaulting on payments to creditors rises, and the shadow of insolvency looms…