news, local-news, UPDATE Liquidators say Ballarat manufacturing company Ceramet had been unprofitable for more than five years before it went into liquidation last week. Greg Andrews from GS Andrews Advisory toldThe Couriermanagement strategies to improve profit had failed. The companys closure is probably a bit of a hangover from the demise of the Australian car…
Dear Sir / Madam, We would like to inform you that 08th meeting of Committee of Creditors of Sterling Biotech Limited was 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 take the same on…
Australian retailers who stock TEAC products are today questioning the long term future of the business after the Company reported a loss of $2.04M. Questions are also being raised as to whether the Australian Securities and Investment Commission should question directors of the Australian operation, (TTA) about inter Company loans and the approval of these…
news, latest-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. A source who wished to remain anonymous toldThe Courier30 staff would lose their jobsafter liquidatorswere appointed on Wednesday. Ceramets technical and commercial manager Stephen…
OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has changed the Financial Strength Rating (FSR) to a Non-Rating Designation of F (In Liquidation) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to f from a- of Merced Property & Casualty Company (Merced) (Atwater, CA), following the announcement on Nov. 30, 2018, that the California Insurance Commissioner…
Christchurch company Corbel Construction has gone into liquidation. Corbel Construction, established in Christchurch in 2000, opened an Auckland office in 2015 and said it specialised in commercial and industrial projects, and had upgraded four schools in Christchurch and worked with district health boards in Auckland and Christchurch. The Companies Office said Andrew Oorschot of Ashton…
Christchurch company Corbel Construction has gone into liquidation. Corbel Construction, established in Christchurch in 2000, opened an Auckland office in 2015 and said it specialised in commercial and industrial projects and upgraded four schools in Christchurch. The Companies Office said Andrew Oorschot of Ashton Wheelans was appointed the liquidator of Corbel Construction on Monday. A…
Dear Sir / Madam, We would like to inform you that meeting of 18th Committee of Creditors of ABG Shipyard Limited is scheduled to be held on Thursday, 06th December 2018 at 02:30 P.M. IST at BDO India LLP, Level 9, The Ruby, North West Wing, Senapati Bapat Road, Dadar (W), Mumbai 400028, INDIA. You…
Dear Sir / Madam, We would like to inform you that the Honble National Company Law Tribunal (Mumbai Bench) vide its order dated 28th November 2018 in the matter MA 1367/2018 in C.P. No.(IB) 490 (MB)/2018, granted an extension of 90 days from 08th December 2018 for completion of Corporate Insolvency Resolution Process of Sterling…
Further to the initiation of the resolution process, the Resolution Professional, as per approval of the Committee of Creditors (COC) issued Invitation for resolution plan in Form G dated 30.10.2018, which is available on Insolvency and Bankruptcy board of India (IBBI) website at www.ibbigov.in The last date for receipt of resolution plan is 30.12.2018 from…