Category Archives: Liquidation

Adlabs Entertainment Ltd – Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors – The Hindu BusinessLine

The Company has received a Notice from National Company Law Tribunal (NCLT), Mumbai Bench on June 07, 2019 via an email, regarding an application filed by one of the Financial Creditors of the Company i.e. Corporation Bank to initiate Corporate Insolvency Resolution Process under Section 7 of Insolvency and Bankruptcy Code, 2016 read with rule…

Mount Shivalik Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

This is to inform you that the 19th Meeting of Committee of Creditors (CoC) was held on 04th June, 2019. In the said meeting the Resolution Plan of H1 qualified Resolution Applicant i.e. Som Distilleries Pvt. Ltd. was put to vote by COC members and the same was not approved by 100% voting share. The…

Arrow directors front up as creditors vote for liquidation at watershed meeting – Stuff.co.nz

SUPPLIED Arrow International owners and directors Bob Foster and Ron Anderson attended a watershed creditors meeting. Arrow International was placed in liquidation by creditors after a resounding vote at a watershed meeting held by voluntary administrators at accounting firm BDO. DirectorsRon Anderson of Dunedin and Bob Foster from Christchurch attended one of the four simultaneous…

Kwality Limited – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

It is, hereby, informed that Honble National Company Law Tribunal New Delhi Bench, vide order dated May 24, 2019 (copy of order is received on June 06, 2019), after considering Progress Report on Resolution Process by the Resolution Professional, has extended CIRP time period by 90 days i.e. upto September 07th, 2019 in respect of…

Southern Online Bio Technologies Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

Sub: Outcome of 13th CoC Meeting of M/s. Southern Online Bio Technologies Limited scheduled on 6th June, 2019. With reference to the subject cited above, I would like to inform you that the 13th CoC meeting got cancelled and will be scheduled again on 17th June, 2019 since the decision on approval of resolution plan…

Excel Glasses Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

To,The Deputy General Manager,Corporate Relationship Department,Bombay Stock Exchange Limited1st Floor, New Trading Ring,Rotunda Building, P. J. Towers,Dalal Street, Mumbai – 400 001 Ref: Script Code 502223 Ref : Intimation of Second Meeting of Committee of Creditors of Excel Glasses limited under Regulation 30 of SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) read with…

ASIC secures sentence against shadow director – AccountantsDaily

Ms Soutsakhorn Chanthabouly (known as Nicole Khammenathy) of Carnes Hill, NSW, has been convicted and sentenced after pleading guilty to charges related to illegal phoenix activity. She was a shadow director of MK Asbestos Removal Pty Ltd ACN 142 918 590, which operated a business of asbestos removal services in New South Wales. Ms Chanthabouly…

Insolvency veteran becomes Partner in Quantumas London office – Consultancy.uk

Corporate rescue and restructuring specialist Quantuma has appointed Duncan Beat as a Partner to its Chelmsford and London offices. Beat arrives at the consultancy after three decades in the industry, including almost 20 years with Baker Tilly. Founded in 2013, Quantuma has grown to become a 20 million practice employing 170 staff. Headquartered in London,…

Reliance Communications Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

In continuation of our earlier communication dated 31 May, 2019 regarding outcome of first meeting of CoC, we wish to inform you that the e-voting for the resolutions put to vote at the first meeting of the CoC of the Company commenced at 3 June, 2019, at 5:00 p.m. and concluded on 4 June, 2019…

Tayo Rolls Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

This is to inform you that in accordance with the applicable provisions of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations), the Second Meeting of the Committee of Creditors of TAYO Rolls Limited (the Company / the Corporate Debtor), will be held on Thursday, 6th June,…