Carnegie Clean Energy director Grant Mooney agrees to back collapsed wave power developer to progress rescue plan – The West Australian

One of the directors of Carnegie Clean Energy has struck a deal to help fund its operations while administrators attempt to recapitalise its wave power business. A Carnegie statement today said director and shareholder Grant Mooney, a Perth corporate adviser, along with stakeholder Asymmetric Creditor Partners had agreed in principle to provide interim funding support.…

London-based Blockchain Startup SETL Starts Corporate Reorganization – TokenMantra

Credit Agricole SA backed blockchain startup SETL has landed in troubled waters. The company recently appointed administrators to reorganize its business as noted in its corporate insolvency notice. Bloomberg reported that the company would be working with Quantuma LLP to reorganize its business. A Promising Start Leads Nowhere About two months ago, the startup appointed…

Tantia Constructions Ltd. – Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors – The Hindu BusinessLine

Pursuant to an Order dated 13 March, 2019 of the National Company Law Tribunal, Kolkata Bench, Corporate Insolvency Resolution Process (CIRP) has been initiated for Tantia Constructions Limited (the Company) as per the provisions of the Insolvency and Bankruptcy Code, 2016.A copy of the said order has been received on 15.03.2019. Mr. Kshitiz Chhawchharia, Interim…

Wave power pioneer Carnegie Clean Energy enters administration – RenewEconomy

Embattled renewables developer Carnegie Clean Energy has gone into voluntary administration, the ASX-listed company announcing on Friday that it had appointed KordaMentha Restructuring to oversee the business and its fully owned subsidiary, Energy Made Clean. The administrators are in discussions with key stakeholders to secure funding to allow the company to continue to trade whilst…

Uttam Value Steels Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

Dear Sir/ Madam, Sub: Notice of Eleventh Meeting of Committee of Creditors (CoC) of Uttam Value Steels Limited (Corporate Debtor) Pursuant to the provisions of Regulation 30 [Schedule III, Part A, Clause A (16) (g)] of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you…

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

The outcome of the 24th COC meeting is summarized as herein below: 1.The COC agreed on a Monitoring Committee constituting three representatives as per the highest voting share of the COC members and an additional member of COC in the absence of any of the above three members. The same members were also identified as…

Aussie wave energy expert Carnegie enters administration – Renewables Now

March 15 (Renewables Now) – Australian wave power specialist Carnegie Clean Energy (ASX:CCE) has entered into voluntary administration a few days after the Western Australia government cancelled a crucial financial assistance agreement. The company announced on Friday that Richard Tucker and John Bumbak of KordaMentha Restructuring were appointed as voluntary administrators. They are holding discussionswith…