Banks have lost an additional income of 4,000 crore due to the delay in resolution of the initial 12 large insolvency cases referred by the RBI last June. Of the 12 large insolvency cases, only four have been resolved so far. The other cases remain unresolved even after over 450 days of their being admitted…
The Labour Party will seek to deter company directors from committing serious tax offences if elected. The Labor Party has promised to “name and shame” dodgy company directors that engage in illegal phoenixing activities if it wins the federal election next year. Under the proposed new policies, Labor would give the Commissioner of Taxation the…
The Labor Party has promised to “name and shame” dodgy company directors that engage in illegal phoenixing activities if it wins the federal election next year. Under the proposed new policies, Labor would give the Commissioner of Taxation the power to name individuals and entities as a penalty to deter directors from committing serious tax…
Dear Sir / Madam, We would like to inform you that 07th meeting of Committee of Creditors of Sterling Biotech Limited was held on Tuesday, 06th November 2018 at 11.00 A.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…
This is to inform you that pursuant to the provisions of Regulations 17, 19 and 20 of the IBBI(Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the second meeting of Committee of Creditors (“CoC”) of the corporate debtor is scheduled to be held on Saturday, 3rd November, 2018 at 11 A.M. at Hold K.C. Residency,…
Riga, Latvia, 2018-11-06 09:07 CET (GLOBE NEWSWIRE) — On 5 November 2018, a scheduled general meeting of shareholders of ABLV Bank, AS in liquidation took place, where the consolidated and separate financial report of the company for 2017 was approved. In 2017, the banks operating income totalled EUR 101.4 million, while the profit amounted to…
Dear Sir / Madam, We would like to inform you that meeting of the 07th Committee of Creditors of Sterling Biotech Limited is scheduled to be held on Tuesday, 06th November 2018 at 11.00 A.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. You are requested to…
sub: Outcome of 1st CoC Meeting of M/s. Southern Online Bio Technologies Limited on 2nd November, 2018 We of herewith attaching the outcome through attachment of pdf file as per the subject. For Southern Online Bio Technologies Ltd., (Kapana G)Interim Resolution ProfessionalIBBI Registration No.: IBBI/IPA-001/IP-POO756/2017-2018/11288 cc To 1) All the Directors of the suspended Board2)…
KOLKATA: The bankruptcy court has given the resolution professional overlooking asset monetisation of debt-laden Aircel more time – till January 15 -to complete the corporate insolvency resolution process (CIRP), failing which the telco may go under liquidation. “as informed by the Ld. Resolution Professional, I am of the view that a period of 90 days…
Marketing startup Unlockd has dropped its legal case against Google as the company faces winding-up moves from its liquidator. The company, which pushed advertising on users phones in return for rewards, went into administration in June after Google moved to block the service from its Android operating system, triggering a legal dispute over what founder…