A file photo of a steel plant. The liquidation value of Innoventive Industries is expected to be in the range of Rs130-140 crore. Photo: Abhijit Bhatlekar/Mint Mumbai: Innoventive Industries Ltd, a Pune-based steel products maker that is undergoing bankruptcy proceedings, faces liquidation after a committee of creditors (CoC) rejected two resolution plans, including one from…
Embattled Indian sandalwood producer Quintis controls at least 51,277 megalitres of water the largest volume of licenced water in the Northern Territory significantly more than any other agricultural, industrial or government entity, ABC Rural can reveal. NTCH Quintis water facts Quintis controls: 26 per cent of the Top End’s total allocated water 49 per cent…
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Published: 18:13 Saturday 14 October 2017 A Chesterfield company has gone into liquidation. The Craft Burger Company Ltd, which operates a restaurant on Stephensons Place in the town, i… Read the full article at: http://www.derbyshiretimes.co.uk/news/chesterfield-company-enters-liquidation-1-8805200
New Delhi, Oct 15 () Public sector Punjab National Bank (PNB) seeks to hire insolvency resolution professionals for 2017-18, according to a notification by the bank. The bank has invited applications for empanelment of insolvency resolution professionals (IRP) for 2017-18, the notification said. PNB said IRPs should be registered with the Insolvency & Bankruptcy Board…
Published: 18:13 Saturday 14 October 2017 A Chesterfield company has collapsed into liquidation. The Craft Burger Company Ltd, which operates a restaurant on Stephensons Place in the to… Read the full article at: http://www.derbyshiretimes.co.uk/news/chesterfield-company-plunges-into-liquidation-1-8805200
TORONTO, Oct 13 (Reuters) – Sears Canada on Friday won court approval to begin liquidating all its remaining assets starting Oct. 19, putting the retail chain with 12,000 employees on a path to closure after 65 years in the country. The approval was granted by the Ontario Superior Court of Justice, which also extended creditor…
Kolkata, Oct 14 () Job loss of about 600 people, including blue collar workers and white collar employees, are feared owing to possible liquidation of cable manufacturer Nicco Corporation after the lenders rejected the revival package. “It is sad to see that such an old company is facing possible liquidation. There is job loss fear…
Marc Brunet, owner of Cozy Canuck Heating & Cooling, is among hundreds of claimants left holding the bag in the Sears Canada bankruptcy. After the liquidation he’ll see just a fraction of the $15,709 he’s owed. Worse yet, as a contractor who installs and maintains heating and air conditioning units purchased by Sears customers in…
TORONTO, Oct 13 (Reuters) – Sears Canada on Friday won court approval to begin liquidating all its remaining assets starting Oct. 19, putting the retail chain with 12,000 employees on a path to closure after 65 years in the country. The approval was granted by the Ontario Superior Court of Justice, which also extended creditor…