Details have emerged of a $17 million deal that could have saved online travel company Bestjet and potentially spared thousands of customers heavy losses. A consortium claims it was in talks to buy the doomed Queensland company, five months before it collapsed, but pulled out when the operator came back to them with a list…
The Company informs your good Office that 12th, 13th and 14th Meetings of Committee of Creditors of Ricoh India Limited under Regulation 19 of the Insolvency and Bankruptcy Board of India Insolvency Resolution Process for Corporate Persons) Regulations, 2016 were held on 30 January 2019, 8 February 2019 and 11 February 2019. This is a…
The Committee through e-voting held on February 12, 2019 approved to issue fresh invitation for expression of interest from interested, prospective resolution applicants as per the provisions mentioned under The Insolvency and Bankruptcy Code, 2016. The RP was authorised to keep the invitation open from February 13, 2019 to February 28, 2019 Pdf Link: BS…
Mars One Ventures the company that claimed it was going to send hundreds of people to live (and ultimately die) on the Red Planet is now bankrupt, according to Swiss financial notices. Its an unsurprising development, as many experts suspected that Mars One has been a scam for years, preying on peoples desires to travel…
Nexus Law Group has added three senior lawyers as group principals. Maria Monastiriotis, Tara Lucke, and Claudio Venegas have joined the firm. Monastiriotis and Venegas join the firms Sydney office, while Tara Lucke will be based on the Gold Coast, the firm said. All three bring their own unique insights and perspectives in their areas…
A 24-year-old windows and conservatories company in North Somerset has gone into liquidation after falling into financial difficulties. Brorn Windows, which is based in Congresbury, designs and fits windows and conservatories across the Bristol area. The company has employed an insolvency practitioner to oversee the winding up of the business and pay off its creditors.…
The twentieth meeting of the Committee of Creditors of the Corporate Debtor was held on 02 February 2019 at 11:00 AM at Ambition Room, Grant Thornton India LLP, 16th Floor, Tower II, India bulls Finance Centre, Senapati Bapat Marg, Elphinstone (W), Mumbai 400013, India. The outcome of the meeting is summarized as herein below: 1.…
We refer to the intimation made on February 04, 2019 for 16th Meeting of Committee of Creditors (COC) and would further like to inform you that the said meeting was conducted on February 06, 2019 to discuss the outcome of the e-voting held on the resolution plan. This letter may be treated as communication under…
Riga, Latvia, 2019-02-08 21:58 CET (GLOBE NEWSWIRE) — ABLV Bank, AS in liquidation (hereinafter the Company) has carried out reorganisation of the companies of the group and within the framework of the reorganisation the Companys subsidiary New Hanza Capital, AS has become an owner of 100% of shares of NHC 5, SIA. The Company retains…
We refer to the intimation made on January 28, 2019 for 15th Meeting of Committee of Creditors (COC) and would further like to inform you that the said meeting was conducted on February 02, January, 2019 to provide business and Corporate Insolvency Resolution Process (CIRP) updates and discussion was held between CoC members and the…