In a setback to the Jaypee group, the Supreme Court on Thurssday, August 9, 2018, asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from participating in the fresh bidding process. A bench headed by Chief Justice Dipak…
MONTREAL, Aug. 9, 2018 /CNW Telbec/ – BioAmber Inc. (OTCPK: BIOAQ) announces that following a court order issued on July 31, 2018, the company, along with its monitor, PricewaterhouseCoopers (PWC), has initiated a liquidation process pursuant to which offers will be solicited from liquidators and/or strategic buyers to proceed with the liquidation of the company’s assets or…
Dear Sir / Madam, We would like to inform you that meeting of 15th Committee of Creditors of ABG Shipyard Limited was held on Wednesday, 08th August 2018 at Mayfair Banquets, 254-C Dr. Annie Besant Road, Worli Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra. The Meeting commenced on 02.30 P.M. IST and concluded on 07.30 P.M.…
In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from participating in the fresh bidding process. A bench headed by Chief Justice Dipak Misra said the limitation…
In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from participating in the fresh bidding process. A bench headed by Chief Justice Dipak Misra said the limitation…
GEORGE HEARD/STUFF Tama Skipper is left with a dodgy car he bought from Cars Under $7990 before it closed. Unsecured creditors of a liquidated Christchurch car firm shouldn’t expect to get a cent. Cars Under $7990 Ltd operated a large car yard in Moorhouse Ave and closed in March. In June the company changed its…
Golf club enters voluntary administration amid redevelopment project The six new holes under construction next to the old part of the course. The six new holes under construction next to the old part of the course. New holes under construction next to the old part of the course. New holes under construction next to the…
INVESTIGATIONS are continuing into the collapse of CQ builder Metro Builders, including claims the business made unfair preference payments and traded while insolvent. Liquidator Jirsch Sutherland was appointed after Metro Builders closed on June 8 leaving debts of almost $5 million and 40 homes unfinished. Jirsch Sutherland partner Chris Baskerville said he hoped to reach…
Golf club enters voluntary administration amid redevelopment project The six new holes under construction next to the old part of the course. The six new holes under construction next to the old part of the course. New holes under construction next to the old part of the course. New holes under construction next to the…
We also think that the petition filed by an advocate would be maintainable, as has been held in Macquarie Bank supra. The Supreme court observed that an application filed by an advocate would be maintainable under Section 7(3)(a) of the Insolvency And Bankruptcy Code, 2016. This observation was made by the bench of Justice Rohinton…