Crack this code at liquidation, assets=5% dues

New Delhi: Stressed companies ending up with liquidation orders under the insolvency law, including large ones, have had assets worth less than 5% of the amount they owe to their lenders, showed the bankruptcy regulator‘s data.This brings to the fore the question of due diligence by banks while lending, on top of value erosion caused…

Kara-Balta Passenger Motor Transport Company announces liquidation –

14:22, 27 December 2024, Bishkek – 24.kg news agency , by Baktygul OSMONALIEVA Kara-Balta Passenger Motor Transport Company has announced its liquidation. The website of the Kyrgyz Stock Exchange says. An extraordinary meeting of shareholders of Kara-Balta Passenger Motor Transport Company OJSC was held, at which a decision was made to terminate the company’s activities. The quorum was 87.77 percent of the voting…