Marsons Limited – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – Hindu Business Line (satire) (press release) (blog)

We would like to inform you that the 2nd meeting of Committee of Creditors of Marsons Limited will be held on 27th July 2018 at 2:30 P.m at Allahabad Bank, C.R. Avenue Branch, 113/1B Central Avenue, Kolkata- 700073. The copy of notice as given by Mr. Sanjit Kumar Nayak, Resolution Professional is enclosed herewith. Pdf…

‘Business as usual’ as SumoSalad keeps on serving – 2GB

85 SumoSalad stores have been placed into administration, but administrators say its business as usual for the healthy eating food chain. Last week the stores were placed into administration, with the group appointing Peter Gothard and Morgan Kelly from financial advisory and restructuring firm Ferrier Hodgson as administrators. Last year, Founder Luke Baylis placed some stores…

Gulf-listed companies declare their exposure to the Abraaj liquidation – latest updates – The National

Ithmaar Holding, Emirates NBD Bank, First Abu Dhabi Bank, United Arab Bank, Waha Capital and Al Qudra Holding among those with a degree of exposure to private equity group Read below: updates through the week as companies declare if they have limited exposure to Abraaj UAE stock markets closed higher after the first disclosures on…

Sterling Biotech Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – Hindu Business Line (satire) (press release) (blog)

Dear Sir / Madam, We would like to inform you that meeting of the 01st Committee of Creditors of Sterling Biotech Limited is scheduled to be held on Thursday, 26th July 2018 at 10:00 A.M. at Mayfair Banquets, 254-C Dr. Annie Besant Road, Worli Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra. You are requested to take…

Why SumoSalad has placed itself into voluntary administration – SmartCompany.com.au

Australian food retailer SumoSalad has placed itself into voluntary administration in order to give the company some breathing space and help the owners restructure the business. In a statement, the company revealed its management had placed the company into administration as part of a long-term strategy to restructure and extend the brand. However they stressed…

Revive Jaypee’s insolvency process: IBBI and Jaypee to SC – Livemint

Photo: Pradeep Gaur/Mint New Delhi: The Insolvency and Bankruptcy Board of India and the insolvency resolution professional for Jaypee Infratech Limited (JIL) urged the Supreme Court on Wednesday to revive corporate insolvency resolution process for the debt-ridden company and constitute a fresh committee of creditors in the light of the peculiar facts of the case.…