LONDON – Atrato Onsite Energy plc, a listed company, announced on Friday that its shareholders have approved a special resolution for the company to enter into members’ voluntary liquidation. The resolution was passed during a General Meeting held earlier today. The poll results showed an overwhelming majority in favor, with 99.93% of votes cast supporting…
Emperor Capital Announces Liquidation of H Cinematic TipRanks Read the original article here
Electric Guitar announced on Friday that its primary operating subsidiary 3radical was set to enter creditors’ voluntary liquidation (CVL) after failing to secure a buyer for its business as a going concern. The AIM-traded firm said that despite a marketing effort conducted with KRE Corporate Recovery, no offers were received for the subsidiary, which had…
During the pandemic, many jurisdictions amended their insolvency laws to lessen the impact of the pandemic. In some cases, these amendments operated on a temporary basis until the impact of the pandemic abated. In other cases, more permanent reforms were introduced to improve insolvency legislation generally. In Australia, as noted in the recent report of…
The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has called for urgent passage of the Insolvency Bill, which aims to bring much-needed updates on insolvency practice in the country. The president of BRIPAN, Chimezie Ihekweazu, said this at the association’s event held in Abuja on Thursday. Insolvency law is the set of rules…
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The case was subsequently overturned by the Court of Appeal. Last week, the Supreme Court refused leave to appeal the Court of Appeal’s decision. The result is that a liquidator can now exercise the statutory power to require information and documents from shareholders, creditors and others situated overseas, in some cases. The question in each…
Electric Guitar PLC’s Subsidiary Faces Liquidation Amid Financial Strain TipRanks Read the original article here
New Zealand Solar Company Backed by BlackRock Ceases Operations Bloomberg Read the original article here
Telecompaper We have been keeping professionals in the telecoms industry up-to-date since 2000. Telecompaper is a well respected, independent research and publishing company focussed on the telecommunications industry. tp:news tp:research tp:events Read the original article here