Beijing Jingcheng Subsidiary Faces Liquidation Proceedings

Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Beijing Jingcheng Machinery Electric Co Ltd Class H ( (HK:0187) ) just unveiled an announcement. Beijing Jingcheng Machinery Electric Co Ltd has announced that its subsidiary, Tianhai…

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ORC pledges collaboration with stakeholders for implementation

A group photograph of stakeholders at the engagement session The Office of the Registrar of Companies (ORC) says it will collaborate with stakeholders to ensure effective implementation of Ghana’s Corporate Insolvency and Restructuring Act (CIRA), 2020 (Act 1015). Maame Samma Peprah, Acting Registrar of Companies, said the ORC was committed to supporting institutions and businesses…

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Auckland’s yum cha restaurants running out of steam

Several established Chinese restaurants in Auckland, renowned for serving authentic Cantonese dim sum, have gone into liquidation in recent months. Some of the Chinese eateries still standing say they are struggling to stay in business. Yum cha, a Cantonese dining tradition that pairs tea consumption with small, shared dishes known as dim sum, has long…

An Analysis Of Recent Jurisprudence

The Insolvency and Bankruptcy Code, 2016 (“IBC”) was enacted with an objective to provide a streamlined and time-bound process for resolving corporate distress while balancing the interests of all the involved stakeholders, including creditors, debtors, and the broader ecosystem. The IBC classified creditors into financial creditors (“FCs”),[1] who lend or invest money in the debtor,…

Deputy AG touts CIRA to bridge business “trust deficit”

By Kingsley Webora TANKEH The Deputy Attorney-General and Deputy Minister for Justice, Justice Srem-Sai, has touted the  Corporate Insolvency and Restructuring Act (CIRA), 2020 (Act 1015), as the panacea to bridging the “trust  deficit” in Ghana’s business community, capable of attracting investors into the country. Speaking at a stakeholders forum in Accra, the Deputy Justice…

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