Reliance Communications Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

In continuation of our earlier communication dated 31 May, 2019 regarding outcome of first meeting of CoC, we wish to inform you that the e-voting for the resolutions put to vote at the first meeting of the CoC of the Company commenced at 3 June, 2019, at 5:00 p.m. and concluded on 4 June, 2019…

Tayo Rolls Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

This is to inform you that in accordance with the applicable provisions of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations), the Second Meeting of the Committee of Creditors of TAYO Rolls Limited (the Company / the Corporate Debtor), will be held on Thursday, 6th June,…

Southern Online Bio Technologies Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

Notice of 13th Meeting of Committee of Creditors of SOUTHERN ONLINE BIO TECHNOLOGIES LIMITEDNotice along with Agenda for the 13th Meeting of the Committee of Creditors of Southern Online Bio Technologies Limited (under Corporate Insolvency Resolution Prodess) under the provisions of The Insolvency and Bankruptcy Code, 2016 read with Insolvency and Bankruptcy Board of India…

Ramsarup Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

The Twenty-Fifth meeting of the Committee of Creditors of the Corporate Debtor was held on 22 May 2019 at 1:00 P.M. at Ambition Room, Grant Thornton India LLP, 16th Floor, Tower II, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone (W), Mumbai 400013, India. The outcome of the meeting is summarised as herein below: 1. The…

Southern Online Bio Technologies Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

Notice of 12th Meeting of Committee of Creditors of SOUTHERN ONLINE BIO TECHNOLOGIES LIMITEDNotice along with Agenda for the 12th Meeting of the Committee of Creditors of Southern Online Bio Technologies Limited (under Corporate Insolvency Resolution Prodess) under the provisions of The Insolvency and Bankruptcy Code, 2016 read with Insolvency and Bankruptcy Board of India…

Mount Shivalik Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

This is to inform you that the 18th Meeting of Committee of Creditors (CoC) was held on 01st June, 2019. In the meeting, Authorised Representatives from SDPL and KDPL (Resolution Applicants) were invited for declaration of H 1 & H 2 bidder. On the basis of scoring as per the Evaluation matrix: Som Distilleries Private…

How Debt Impacts Merger And Acquisition Transactions In Stressed Asset Sale – Inc42 Media

In the past couple of years, India has witnessed quick resolutions for tackling non-performing stressed assets (NPAs) and debts in India, including its restructuring thereof, by providing a powerful tool to the financial and operational creditors in the form of the Insolvency and Bankruptcy Code, 2016 (the IBC, 2016). The effective reforms in the IBC,…

Liquidation of New Zealand crypto exchange reaches NYC bankruptcy court – The Block Crypto

Quick Take Cryptopia, a New Zealand based crypto exchange, filed for liquidation after suffering a serious hack and failing to recover the stolen assets The exchange stored its customer data with Arizona-based company PNAP, but after liquidation, did not receive satisfactory assurance that the data would remain secure without payment Cryptopia filed a Motion for…