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No liquidation of NICIL – Stabroek News

Many of the recommendations made in the 2015 forensic audit into the National Industrial and Commercial Investments Limited (NICIL) have been implemented but the Board has decided that the company should not be liquidated.

This is according to Officer in Charge Horace James, who said that instead of liquidation it was decided that a Privatization Unit would be set up to independently deal with some of aspects of NICILs operations. to continue reading this article, please subscribe.  Already a subscriber ? Sign In.

Read the full article at: https://www.stabroeknews.com/2017/news/stories/01/01/no-liquidation-nicil/

Category: LiquidationBy Insolvency GuardianJanuary 1, 2017

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No liquidation of NICIL – Stabroek News

Many of the recommendations made in the 2015 forensic audit into the National Industrial and Commercial Investments Limited (NICIL) have been implemented but the Board has decided that the company should not be liquidated.

This is according to Officer in Charge Horace James, who said that instead of liquidation it was decided that a Privatization Unit would be set up to independently deal with some of aspects of NICILs operations. to continue reading this article, please subscribe.  Already a subscriber ? Sign In.

Read the full article at: http://www.stabroeknews.com/2017/news/stories/01/01/no-liquidation-nicil/

Category: LiquidationBy Insolvency GuardianJanuary 1, 2017

Post navigation

PreviousPrevious post:UCI Concludes Financial Restructuring Process and Emerges from Chapter 11 – Business Wire (press release)NextNext post:Rising economy shows fall-off in Galway company insolvencies – Connacht Tribune Group

Related Posts

Bombay HC Clarifies Contract Termination During CIRP
November 11, 2026
Message Heard goes into voluntary liquidation
November 11, 2026
Beloved Aussie seltzer brand collapses – News.com.au
November 11, 2026
Beloved Aussie seltzer brand collapses – The Australian
November 11, 2026
REVEALED: Liquidator appointments for businesses in the Canterbury-Bankstown council area for November 10 – The Daily Telegraph
November 11, 2026
Singapore: Creditors’ meeting and intended dividend notices issued for An Shun Shipping – Manifold Times
November 11, 2026
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