Dentsu Inc., parent company of Dentsu Aegis Network and agencies like mcgarrybowen, Carat, 360i, Merkle and Isobar, is considering a restructuring plan which would see it split into an operating company and a holding company.
Dentsu Inc. president and CEO Toshihiro Yamamoto announced the proposition today during a meeting of the companys board of directors. Implementation of the changes would be dependent on approval of shareholders at a meeting scheduled for March 2019.
Analyses of specific schemes will be based on a concept where the currently-existing Dentsu Inc. will be split into an operating company and a pure holding company, according to a release. The pure holding company will hold the shares of the post-split operati…
Read the full article at: https://www.adweek.com/agencies/dentsu-inc-considers-restructuring-operational-model-to-maintain-and-enhance-growth/
Going through a break-up can be difficult.
Kieran Hayler is broke and living with his nan after moving out of Katie Prices home two months ago following their break-up.
The 31-year-old is also said to be planning on selling his wedding ring, worth £1000, for £500 in order to make ends meet and to rid himself of the bad memories of his marriage with Katie.
The Sun reports that the ex-stripper feels he is unemployable after his public life with Katie, 40, and doesnt want to go back to stripping now that hes a father.
Katie, who married Kieran in January 2013, kicked him out of the house two months ago after he cheated on her multiple times.
Read the full article at: https://metro.co.uk/2018/08/10/kieran-hayler-broke-living-nan-moving-katie-prices-home-two-months-ago-7824992/
Artists and performers left tens of thousands of dollars out of pocket after the collapse of a Perth-based management firm have been told it is unlikely they will see any of the money owed.
Perth-based event promoters JumpClimb, who were responsible for booking acts at the wildly popular Perth Fringe Festival and running other large-scale festival events, such as the Beaufort Street, BeauVine Food and Wine and Kegs by the Key festivals, went into liquidation in May.
Directors Paul Fletcher and Aaron Rutter were behind the Noodle Palace venue at the Perth Fringe.
Read the full article at: http://www.abc.net.au/news/2018-08-10/collapse-leaves-perth-fringe-performers-owed-thousands/10104844
We wish to bring to your notice that the Corporate Insolvency Resolution Process initiated against the Company has been dismissed and thereby withdrawn vide order dated 07.08.2018 by Honourable National Company Law Appellate Tribunal, New Delhi which was uploaded on NCLAT website on 10.08.2018. Relevant extracts of the order is reproduced below:
Quote
…………………………. The application preferred by Respondent under Section 9 of the I&B Code, 2016 is dismissed as withdrawn. The Corporate Debtor is released from all the rigour of law and is allowed to function independently through its Board of Directors from immediate effect.
………………………..
The parties are directed to comply with the terms and conditions on the b…
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/orissa-minerals-development-company-ltd-corporate-insolvency-resolution-process-cirp-updates-corporate-insolvency-resolution-process-cirp/article24657283.ece
This is to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby inform you that:
The Honble National Company Law Tribunal Bench at Chandigarh vide its order dated 08.08.2018 has passed order in respect of Liquidation of Supreme Tex Mart Limited a company which was under CIRP vide order dated 29.09.2017.
A copy of the order and Form B (Public Announcement as prescribed under Regulation 12 of the Insolvency and Bankruptcy (Liquidation Process) Regulations, 2016) is enclosed.
Pdf Link:
Supreme Tex Mart Ltd. – Corporate Insolvency Resolution Process (CIRP)-Public Announcement
Source : BSE – www.bseindia.com
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/supreme-tex-mart-ltd-corporate-insolvency-resolution-process-cirp-public-announcement/article24655371.ece
Further to our letter No. PECL/NS/LEGAL/BSE-NSE/2018 dated 11th April, 2018 enclosing therewith copy of the Order dated 23.03.2018 passed by the Honble NCLT, Mumbai Bench, appointing CA Rajeev Mannadiar, having IP Regn. No. IBBI/IPA-001/IP-P00212/2017-18/10412 as the Interim Resolution Professional , please find attached herewith certified copy of the Order dated 6.08.2018 issued by the Honble NCLT appointing Mr. Udayraj Patwardhan, as the Resolution Professional having IP Registration No. IBBI/IPA-001/IP-P00024/2016-17/10057 who will be replacing CA Rajeev Mannadiar with immediate effect.
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/petron-engineering-construction-ltd-corporate-insolvency-resolution-process-cirp-replacement-of-interim-resolution-professional-irp/article24655130.ece