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Explainer-Evergrande's possible liquidation and what happens next

A key offshore bondholder group of China Evergrande plans to join a petition to liquidate the developer at a hearing in a Hong Kong court on Monday, Reuters reported this week. The bondholder group owns more than $2 billion in offshore notes guaranteed by Evergrande and its support to a winding-up petition against the world's most indebted developer increases the chances of an immediate liquidation order from the court, lawyers in the industry said. WHAT HAPPENS IF THE COURT ORDERS EVERGR...
Hong Kong New South Wales Sumeet Chatterjee Clare Jim Hui Ka Yan Scott Murdoch
Source: yahoo.com

Chinese Nationals: 12 city firms linked to Chinese nationals to face liquidation Hyderabad: The Registrar of Companies | Hyderabad News

The Registrar of Companies in Hyderabad has recommended the liquidation of 12 city-based firms allegedly linked to Chinese nationals. The Ministry of Corporate Affairs has filed a complaint against these companies for violating the Companies Act. The investigation revealed that many of these companies existed only on paper. The ROC has also recommended deactivating director identification numbers and disqualifying the directors. The companies include Vanamaali Infra Private Ltd, Panchajanya Infr...
Andhra Pradesh Tamil Nadu Adabala Srinivasa Rao Vijay Krishna Srinivasa Rao Vasuki Information Services Pvt Ltd

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