Corporate Insolvency Resolution Process (CIRP) has been initiated in respect of Nagarjuna Oil Refinery Limited under the provisions of Insolvency and Bankruptcy Code, 2016 (IBC) by way of an order dated April 09, 2019 of NCLT, Hyderabad bench (copy of the Order received by me on April 22, 2019) Further, Mr. Kranthi Kumar Kedari (IP…
A forensic audit of 200 top companies by the Ministry of Corporate Affairs has detected irregularities to the tune of Rs 1 lakh crore, including diversion of funds. Most of these companies have been referred to insolvency and resolution proceedingsunder the Insolvency and Bankruptcy Code. Irregularities detected in some top companies point to the collapse…
Images via Ellery … Read the full article at: https://fashionjournal.com.au/fashion/kym-ellery-announces-she-will-close-the-australian-arm-of-her-business/
A forensic audit of 200 top companies by the Ministry of Corporate Affairs has detected irregularities to the tune of Rs 1 lakh crore, including diversion of funds. Most of these companies have been referred to insolvency and resolution proceedingsunder the Insolvency and Bankruptcy Code. Irregularities detected in some top companies point to the collapse…
TWO Sunshine Coast supermarkets have closed after the business went into liquidation just before the Easter long weekend. The Kawana Island Friendly Grocer and Forest Park Foodstore at Meridan Plains have been listed on the Australian Securities and Investments Commission as in liquidation. The company behind the stores, Yasnis Pty Ltd, is owned by Himanshu…
Herbert Smith Freehills (HSF) has elevated six Australian lawyers to executive counsel. The six, who follow the six Australian lawyers promoted to partner by the firm last week, are among 27 counsel promotions around the world. Andrew Pike, HSF regional managing partner in Australia, said that the newly promoted lawyers are all incredibly talented. The…
TWO Sunshine Coast supermarkets have closed after the business went into liquidation just before the Easter long weekend. The Kawana Island Friendly Grocer and Forest Park Foodstore at Meridan Plains have been listed on the Australian Securities and Investments Commission as in liquidation. The company behind the stores, Yasnis Pty Ltd, is owned by Himanshu…
TWO Sunshine Coast supermarkets have closed after the business went into liquidation just before the Easter long weekend. The Kawana Island Friendly Grocer and Forest Park Foodstore at Meridan Plains have been listed on the Australian Securities and Investments Commission as in liquidation. The company behind the stores, Yasnis Pty Ltd, is owned by Himanshu…
Restaurateur Gaowei Shi, of Highbury, South Australia, has pleaded guilty to one charge of falsifying company books. An ASIC investigation found that Mr Shi, director of The Crane Japan Restaurant (SA) Pty Ltd, a restaurant in Glenelg, South Australia, had redirected $47,000 from a purchase and sale agreement in December 2015 to sell assets of…
Dear Sir, This is in reference to the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, we would like to bring to your notice that the 15th meeting of the Committee of Creditors (CoC) of Uttam Value Steels Limited (the Company) was held on April 22, 2019 to…