New Delhi: Sebi plans to bring in additional disclosure requirements for listed corporates undergoing insolvency resolution process as well as amend norms pertaining to minimum public shareholding norms and other provisions for such entities, a senior official said. The proposal comes at a time when there are increasing number of cases coming up under the…
A district court in the southwestern Latvian city of Liepaja today removed Guntars Koris as insolvency administrator of KVV Liepaja Metalurgs steel company, the courts representative Velga Luka told LETA. The verdict cannot be appealed and has already come into effect. The Liepaja court will send its ruling on Koris removal to the Insolvency Administration …
Lenders to Essar Steel Ltd. today decided to reject both resolution plans submitted for the company under the insolvency and bankruptcy process, two bankers in the know have confirmed. In a meeting held in Mumbai, the committee of creditors was presented with the findings of Resolution Professional Satish Kumar Gupta on the eligibility of the…
Unibank’s sponsorship deal with Black Stars hangs by a thread after the indigenous bank was declared insolvent by the Bank of Ghana on Tuesday. In November 2016, Unibank renewed its partnership with the Ghana FA by signing a three-year deal worth US$ 1.2m. The Bank of Ghana has appointed an audit firm KPMG as Official…
PR dla Zagranicy Grzegorz Siwicki 20.03.2018 15:00 Company bankruptcies rose 8 percent in Poland in the first two months of this year compared with the same period last year, according to a report. Photo: Pixabay.com/Arcaion/CC0 Creative Commons … Read the full article at: http://thenews.pl/1/12/Artykul/354846,More-firms-folding-in-Poland-report
The Bank of Ghana (BoG) has taken over the management of uniBank Ghana Limited, an indigenous lender after it declared it insolvent Tuesday afternoon. The Bank of Ghana will now be in control of the day to day running of the local bank and has accordingly appointed KPMG as the official administrator to oversee the…
Unibank Unibank’s sponsorship deal with Black Stars hangs by a thread after the indigenous bank was declared insolvent by the Bank of Ghana on Tuesday. In November 2016, Unibank renewed its partnership with the Ghana FA by signing a three-year-deal worth US$ 1.2m. The Bank of Ghana has appointed audit firm KPMG as Official Administrator…
Unibank Unibank’s sponsorship deal with Black Stars hangs by a thread after the indigenous bank was declared insolvent by the Bank of Ghana on Tuesday. In November 2016, Unibank renewed its partnership with the Ghana FA by signing a three-year-deal worth US$ 1.2m. The Bank of Ghana has appointed audit firm KPMG as Official Administrator…
Ryanair is buying 75 per cent of an airline founded by multiple Formula One champion, Niki Lauda, in its first acquisition in 15 years. The move gives the Irish carrier a foothold in the former Air Berlin business, which Ryanair was eyeing after the German airline was declared insolvent last year. Ryanair said on Tuesday…