The Supreme Court on Thursday said the time taken up by litigations during the corporate insolvency resolution process has to be excluded from the mandatory limit of 270 days in case company law tribunals uphold the plan to revive a debt-ridden company. The top court, in an important ruling, also stressed the need of “time-bound”…
Southwood Golf Course (SGC) has suddenly closed after the company that manages the course, Mack Trading, folded. The Farnborough course had been earmarked by owners, Rushmoor Borough Council , as a future source of Suitable Alternative Natural Greenspace (SANG) to support the need for housing in the borough. Despite a petition to oppose the closure,…
We would like to inform you that meeting of the 02nd Committee of Creditors of Sterling International Enterprises Limited is scheduled to be held on Thursday, 04th October 2018 at 2:00 P.M. IST at The Orchid, 70/C, Nehru Road, Near Domestic Airport, Vile Parle (East), Mumbai 400 099, Maharashtra, India. You are requested to take…
Two Mersey golf courses have closed after the company running them collapsed. Bowring Park Golf Course in Huyton has shut after Mack Golf, which ran the course on behalf of owner Knowsley Council, went into voluntary liquidation . Mack also ran Ellesmere Port Golf Course and six other public courses across the U.K. and Ireland…
ROCKFORD, Ill., Oct. 2, 2018 /PRNewswire/ — Harvard Illinois Bancorp, Inc. (the “Company”) announced today its unaudited statement of net assets in liquidation, as of September 30, 2018, and its unaudited statement of changes in net assets in liquidation for the nine months then ended. Unaudited Statements of Net Assets in Liquidation and Changes in…
Chocolate cafe business Max Brenner has fallen into voluntary administration, becoming the latest victim of difficult market conditions in recent months. McGrathNicol were appointed voluntary administrators of the business on Sunday and have said the companys 37 stores will continue to trade while the business is reviewed. The jobs of about 600 staff have been…
HYDERABAD: The Supreme Court has stayed insolvency proceedings at Mack Soft Tech, an Indian subsidiary of Irish business group Quinn that owns Q-City, an IT park in Hyderabad housing offices of Amazon, Mytrah Energy and TCS, among others. The top court bench comprising Justice Rohinton Fali Nariman and Justice Indu Malhotra on Monday stayed the…
This week print-lovers everywhere mourned the loss of one of fashions brightest brands as the news broke that Orla Kiely had collapsed into administration. The 1970s-inspired label was renowned for its quirky floral and graphic prints and boasted the Duchess of Cambridge and Alexa Chung as loyal fans. … Read the full article at: https://www.independent.co.uk/life-style/fashion/orla-kiely-where-to-buy-liquidation-ebay-homewares-outlet-a8546461.html
The Campaign Against Impunity (CAI), a non-governmental organisation, has called on regulators in the countrys oil and gas, and maritime sectors to intervene in the alleged liquidation of Sea Trucks Group (STG), an indigenous company, by some expatriates. CAI has written to major actors and regulators in the sectors such as Nigerian National…
Advertisement Campaign Against Impunity (CAI), a civil society group has called on regulators in the oil, gas, and maritime sectors, to wade into the forced liquidation of Sea Trucks Group (STG), an indigenous company, by some expatriates. The group made the call in a series of letters addressed to the Nigerian National Petroleum Corporation (NNPC),…