The ruling is more than a closure of a prolonged corporate rescue. In a judgment closely watched by lenders and investors, the court reaffirmed the finality of approved insolvency plans, clarified the interplay between the Insolvency and Bankruptcy Code (IBC) and the Prevention of Money Laundering Act (PMLA) once a plan is cleared, and shut…
Scheftner relaunches under new ownership following insolvency Metal Additive Manufacturing magazine Read the original article here
SDAI Limited: No New Developments in Compulsory Liquidation Update – What Should Investors Expect? Key Points from the Latest Company Update SDAI Limited has issued its monthly update regarding the compulsory liquidation of its subsidiary, KHL Marketing Asia-Pacific Pte Ltd, in compliance with Catalist Rule 704(22). There have been no further material developments since the…
Trio of tanker sales could help Scorpio eliminate debt Tradewinds News Read the original article here
Vinyl Me, Please has relaunched and is now offering credits for subscribers who missed their monthly orders during the company’s absence. The subscription-based record club, which sends a selected vinyl LP out to its members every month, entered liquidation earlier this year, following complaints filed to the Denver-based company by customers that accused them of…
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United Insurance to be liquidated after 20 years of receivership Business Daily Read the original article here
Auditor General Nancy Gathungu, in the latest report, revealed that Pyrethrum Processing Company of Kenya is insolvent. [File, Standard] The Ministry of Agriculture plans to revive the Pyrethrum Processing Company of Kenya (PCCK) amid claims of insolvency and sabotage by a section of managers. This came as Agriculture Principal Secretary Paul Ronoh and the company’s…
Auditor General Nancy Gathungu, in the latest report, revealed that Pyrethrum Processing Company of Kenya is insolvent. [File, Standard] The Ministry of Agriculture plans to revive the Pyrethrum Processing Company of Kenya (PCCK) amid claims of insolvency and sabotage by a section of managers. This came as Agriculture Principal Secretary Paul Ronoh and the company’s…
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Aspen (Group) Holdings Ltd. ( (SG:1F3) ) has provided an update. Aspen (Group) Holdings Limited has announced that there have been no significant developments regarding the liquidation…