Category Archives: Liquidation

Amtek Auto Ltd. – Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal – Hindu Business Line (satire) (press release) (blog)

Dear Sir/Madam This is in continuation of our earlier intimation dated 16th April, 2018 regarding filing of resolution plan, which was duly approved by the Committee of Creditors, before the Adjudicating Authority, Honble National Company Law Tribunal (NCLT), Chandigarh for approval under the provisions of Insolvency and Bankruptcy Code, 2016. In this regard, kindly take…

Shilpi Cable Technologies Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency … – Hindu Business Line (satire) (press release) (blog)

Shilpi Cable Technologies Limited informed the stock exchanges that an application was filed by resolution professional for the exclusion of period 24.05.2017 to 13.07.2017 from the period of 180/270 days on the basis that during said period, IRP was not appointed as the matters remains pending before the IBBI. Likewise exclusion of time has been…

Asis Logistics Limited – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution … – Hindu Business Line (satire) (press release) (blog)

Sir,Please refer the decision in 4th COC meeting held on 28.06.2018 wherein it was decided that Resolution Professional should seek extension in time-line from Honble Adjudicating Authority for compliance of insolvency resolution process. RP had submitted application before the Honble Adjudicating Authority and the same had appeared for hearing on 13th July 2018. Honble Adjudicating…

West Perth enter voluntary administration as debts blow out – The West Australian

John Townsend | ExclusiveThe West Australian Wednesday, 25 July 2018 6:00PM WAFL Retro: Great grand finals VideoCheck out some of the WAFL’s greatest grand finals from yesteryear. Facebook IconTwitter IconEmail IconLink Icon West Perth have gone into voluntary administration as they attempt to deal with debts that have blown out to more than $600,000. But…

Court grants provisional liquidation to former Gupta-owned newspaper – Times LIVE

The North Gauteng High Court on Tuesday granted an order for the provisional liquidation of the company that owns The New Age newspaper. This after Mzwandile Manyi and his company Afrotone Media Holdings made an application at the court last week. Manyi argued that the company was commercially unviable. Manyi bought the company from the…

Mzwanele Manyi’s TNA Media granted provisional liquidation order – Business Day

The North Gauteng High Court on Tuesday granted an order for the provisional liquidation of the company that owns The New Age newspaper. This after Mzwandile Manyi and his company AfroTone Media Holdings made an application to the court last week. Manyi argued that the company was commercially unviable. Manyi bought the company from the…

Uttam Value Steels Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of … – Hindu Business Line (satire) (press release) (blog)

This is to inform you that pursuant the provisions of Regulations 17, 19 and 20 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the First meeting of Committee of Creditors (CoC) of the Corporate Debtor is scheduled to be held on Monday, 30th July, 2018 at 11 A.M. at Mumbai. The above…

Administrators take over Hennings Jewellers – Wollondilly Advertiser

One of Macarthurs most recognisable businesses has entered voluntary administration. Administrators were appointed to Hennings Jewellers at the end of June. The jewellery chain has been a part of the Macarthur community for almost 90 years and had four stores in the region: Argyle Street Camden, Macarthur Square, Narellan Town Centre and Oran Park Podium. The…

Marsons Limited – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – Hindu Business Line (satire) (press release) (blog)

We would like to inform you that the 2nd meeting of Committee of Creditors of Marsons Limited will be held on 27th July 2018 at 2:30 P.m at Allahabad Bank, C.R. Avenue Branch, 113/1B Central Avenue, Kolkata- 700073. The copy of notice as given by Mr. Sanjit Kumar Nayak, Resolution Professional is enclosed herewith. Pdf…

‘Business as usual’ as SumoSalad keeps on serving – 2GB

85 SumoSalad stores have been placed into administration, but administrators say its business as usual for the healthy eating food chain. Last week the stores were placed into administration, with the group appointing Peter Gothard and Morgan Kelly from financial advisory and restructuring firm Ferrier Hodgson as administrators. Last year, Founder Luke Baylis placed some stores…