Updated 10:18 p.m. ET June 24 CaaStle Inc. has come tumbling down. The scandal plagued rental pioneer filed for Chapter 7 bankruptcy in Delaware, setting up a liquidation of the business less than three months after chief executive officer Christine Hunsicker left the company under a cloud. The bare-bones filing said the company had $10…
An extraordinary general meeting of Philly Shipyard ASA (under liquidation)(the”Company”) was held today as a digital meeting with online participation. Allresolutions were made in accordance with the proposals set out in the meetingnotice. The Company intends to submit an application for the delisting of its sharesfrom Euronext Expand shortly. Subject to and following Euronext Oslo…
An Essel Group company, Konti Infrapower and Multiventures, has moved the National Company Law Tribunal (NCLT) against Kotak Asset Management Company (AMC) over the fund house’s failure to honour certain contractual obligations. Claiming dues to the tune of Rs 12.99 crore, the Essel Group entity has stated that Kotak AMC, as a corporate debtor, is…
Melbourne building collapses into voluntary administration – leaving projects in the lurch MSN Read the original article here
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has held that when a successful resolution applicant fails to obtain necessary approvals within one year from the date of approval of the resolution plan, liquidation of the corporate debtor can be initiated. A Successful Resolution Applicant (SRA), the appellant, Taguda Pte Ltd.has filed a…
Rex Says Extension Of Voluntary Administration TradingView Read the original article here
The National Company Law Appellate Tribunal (NCLAT) has set aside a status quo order issued by the Adjudicating Authority, allowing the shareholders and directors of Transmissions International India Private Limited (TIIPL) to proceed with the replacement of the erstwhile liquidator, Chandra Prakash Chandra Prakash Jain, with a new appointee, Arun Gupta. The appeal was filed…
Waters of the Wimmera News “If you don’t know where you’ve been, how do you know where you’re going?” A history of the remarkable Wimmera water ways Wimmera historian Bob McIlvena 90, who has spent many years researching… Local News Tyre fires off-limits Farmers in the Wimmera Mallee are being warned afresh to be careful…
China SCE Group Withdraws Liquidation Application TipRanks Read the original article here
RUG PULLED, TRUST SHATTERED — As Tilson Technology Management accelerates its bankruptcy-driven asset sale, contractors and suppliers are left reeling. The company’s motion to sell substantially all of its assets under Section 363 of the Bankruptcy Code could strip vendors of payment while transferring valuable contracts and equipment to a new buyer, leaving behind the…