news, local-news, The ripple effects of the decline in Australias car manufacturing industry are being felt as a tidal wave in Ballaratafter metal pressing company Ceramet went into liquidation last week. Liquidatorswere appointed on Wednesdayand a source who wished to remain anonymous toldThe Courier30 staff would lose their jobs. Ceramets technical and commercial manager Stephen…
This is to inform that the Application was filed under Section 12(2) of the IBC seeking extension of CIRP period for further 90 days as unanimously decided in the 6th meeting of the Committee of Creditors held on 19/11/2018. The Jaipur Bench after hearing allowed the application and extended the period of 180 days by…
Dear Sir / Madam, We would like to inform you that meeting of the 08th Committee of Creditors of Sterling Biotech Limited is scheduled to be held on Tuesday, 04th December 2018 at 02.00 P.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. You are requested to…
This is in reference to the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, we would like to bring to your notice that the 5th meeting of the Committee of Creditors (CoC) of Uttam Value Steels Limited (the Company) was held on November 20, 2018 to discuss the…
The Davyhurst plant Latest News Eastern Goldfields has announced that it maygo into voluntary administration followingthe collapse ofa $75 million recapitalisation. The goldminer has proposed to adjourn its November 30 annual general meeting (AGM) until the end of January next year to allow its shareholders to consider the companys financial statements. The AGM was initially…
Portfolios put into run-off with Darag. New Nordic Advisors has put its wholly-owned Danish subsidiary Qudos Insurance into liquidation with immediateeffect. The unrated Copenhagen-headquartered insurer was closed to new business on 18 October. The investment management company said it had made the latest move after a review of the insurance companys position. It explained that…
Sub: Outcome of 11th Committee of Creditors Meeting Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 – Reg. With reference to the subject cited above, I would like to bring to your kind notice that the 11th Meeting of the Committee of Creditors (COC) of the Company held on…
The 15th meeting of the CoC of the Corporate Debtor was held on 02.11.2018 The outcome of the meeting is summarized as herein below:1.The RP presented and discussed 3 plans out of four plans, which were found to be compliant with reg and provisions of the IBC, 2016 with the members of the COC. An…
Sub: Notice of 11th Committee of Creditors Meeting Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 – Reg. With reference to the subject cited above, I would like to bring to your kind notice that the 11th Meeting of the Committee of Creditors (COC) of the Company is scheduled…
The insolvency law has helped in directly and indirectly addressing stressed assets worth Rs 3 lakh crore in the last two years, a senior government official said on Saturday. More than 9,000 cases have come for redressal under the Insolvency and Bankruptcy Code (IBC), which became fully operational in December 2016. Corporate Affairs Secretary Injeti…