The Supreme Court, while deciding the constitutional validity of various provisions of the Insolvency and Bankruptcy Code, 2016 (code), in the case of Swiss Ribbons Pvt Ltd v Union of India, upheld the mandate of section 29A with minor distinctions. Section 29A of the code lists persons or entities not eligible to submit a resolution…
FORT LAUDERDALE, Fla., April 02, 2019 (GLOBE NEWSWIRE) — Swisher Hygiene Inc. (the Company) today reported liquidation basis accounting for the year ended December 31, 2018. As previously announced, on August 12, 2016, the Securities and Exchange Commission (the SEC) granted the Companys request for no-action relief from filing future periodic reports under Section 13(a)…
FORT LAUDERDALE, Fla., April 02, 2019 (GLOBE NEWSWIRE) — Swisher Hygiene Inc. (the Company) today reported liquidation basis accounting for the year ended December 31, 2018. As previously announced, on August 12, 2016, the Securities and Exchange Commission (the SEC) granted the Companys request for no-action relief from filing future periodic reports under Section 13(a)…
Notice of 7th Meeting of Committee of Creditors ofSOUTHERN ONLINE BIO TECHNOLOGIES LIMITEDNotice along with Agenda and Notes to Agenda for the 7th Meeting of theCommittee of Creditors of Southern Online Bio Technologies Limited(under Corporate Insolvency Resolution Process) under the provisions ofThe Insolvency and Bankruptcy Code, 2016 read with Insolvency andBankruptcy Board of India (Insolvency…
The ANAOs audit of illegal phoenix activity, examined the effectiveness of the Phoenix Taskforce in combating illegal phoenix activity since its inception in 2014, focusing on governance, strategies, processes and performance measurement. The annual direct impact of illegal phoenix activity is estimated to cost the Australian community between $2.85billion and $5.13billion. The ANAOs report found…
Russell Kennedy and Aitken Lawyers expect a boost to their combined firm as their merger goes live. From today, the merged firm will be known as Russell Kennedy across Australia and as Russell Kennedy Aitken Lawyers in New South Wales. Australasian Lawyer first reported in November that Russell Kennedy and Aitken Lawyer are to combine.…
Russell Kennedy and Aitken Lawyers expect a boost to their combined firm as their merger goes live. From today, the merged firm will be known as Russell Kennedy across Australia and as Russell Kennedy Aitken Lawyers in New South Wales. Australasian Lawyer first reported in November that Russell Kennedy and Aitken Lawyer are to combine.…
The operational creditors of steel companies face a Shakespearean dilemma. Though they wish to speak out against the problems at hand due to delayed payments of dues from companies undergoing the Corporate Insolvency Resolution Process (CIRP), they fear retribution from the committee of creditors (CoC) and the new management which would take over. These…
Weight loss organisation Scottish Slimmers has gone into liquidation – with all classes suspended with immediate effect. Thousands of customers will be left out of pocket after the company, which was bought by entrepreneur Amanda Boyle last year, said that refunds would not be given on membership passes and that all classes would cease operating…
Weight loss organisation Scottish Slimmers has gone into liquidation – with all classes suspended with immediate effect. Thousands of customers will be left out of pocket after the company, which was bought by entrepreneur Amanda Boyle last year, said that refunds would not be given on membership passes and that all classes would cease operating…