/raid1/www/Hosts/bankrupt/TCRAP_Public/240416.mbx
T R O U B L E D C O M P A N Y R E P O R T E R
A S I A P A C I F I C
Tuesday, April 16, 2024, Vol. 27, No. 77
Headlines
A U S T R A L I A
ALLEGIANCE COAL: Wins Dismissal of Suit Over Counsel Fees
ALURT PTY: First Creditors' Meeting Set for April 22
COASTAL S/C: First Creditors' Meeting Set for April 19
E-MERSION MEDIA: First Creditors' Meeting Set for April 19
IMPEL PHARMA: Amended Joint Plan of Liquidation Takes Effect
LCD ASBESTOS: First Creditors' Meeting Set for April 19
SINCERUTTY MANAGEMENT: First Creditors' Meeting Set for April 18
VIRIDI GROUP: Goes Into Voluntary Administration
[*] AUSTRALIA: ATO is Most Likely to 'Wind Up' a Business
C H I N A
CHINA VANKE: Has Plans in Place Amid Short-Term Liquidity Pressure
FOSUN INT'L: BNP Paribas Agrees to Buy Fosun's Stake in Ageas
I N D I A
AEROC SPACE: ICRA Keeps B Ratings in Not Cooperating Category
ALTECH INFRASTRUCTURE: ICRA Keeps D Ratings in Not Cooperating
ALUMASS PRIVATE: Insolvency Resolution Process Case Summary
ARISTON PHARMA: Liquidation Process Case Summary
ASIAN POWER: Voluntary Liquidation Process Case Summary
ASOPALAV DEVELOPERS: ICRA Keeps B+ Debt Rating in Not Cooperating
ATLAS CYCLES: ICRA Keeps D Debt Ratings in Not Cooperating
AVINASH EM: Liquidation Process Case Summary
AVNI YARNS: Insolvency Resolution Process Case Summary
AYUSHMAN MERCHANTS: ICRA Keeps B+ Debt Ratings in Not Cooperating
BLUE ARCADE: Insolvency Resolution Process Case Summary
CNS FASHION RETAIL: Liquidation Process Case Summary
DECCAN ISPAT: ICRA Keeps D Debt Ratings in Not Cooperating
DELTA ENERGY: Voluntary Liquidation Process Case Summary
FR TECH INNOVATIONS: Liquidation Process Case Summary
G V MEDITECH: Insolvency Resolution Process Case Summary
GAYATH INDUSTRIES: ICRA Keeps B+ Debt Ratings in Not Cooperating
GOODHEALTH INDUSTRIES: Insolvency Resolution Process Case Summary
GREATER ARAFAT: Liquidation Process Case Summary
ICP INDUSTRIAL: Voluntary Liquidation Process Case Summary
JHARKHAND MEGA: Liquidation Process Case Summary
LABINAPP TECHNOLOGY: Voluntary Liquidation Process Case Summary
LAIBA INTERNATIONAL: Insolvency Resolution Process Case Summary
MAHARASHTRA BIO: Insolvency Resolution Process Case Summary
MS KHURANA ENG'G: Insolvency Resolution Process Case Summary
PICCADILY HOLIDAY: ICRA Keeps B+ Debt Rating in Not Cooperating
SAVIDHA MEDICAL: ICRA Keeps B Debt Ratings in Not Cooperating
SCOTTISH CHEMICAL: ICRA Keeps B+ Debt Ratings in Not Cooperating
SEGAM TILES: ICRA Keeps B+ Debt Ratings in Not Cooperating
SHRISHTI TECHNOLOGIES: ICRA Keeps B+ Rating in Not Cooperating
SMAAASH ENTERTAINMENT: NCLAT Upholds NCLT Order in Insolvency Case
SOLID STATE: ICRA Keeps B+ Debt Ratings in Not Cooperating
SRINIVASA RICE: ICRA Keeps B+ Debt Ratings in Not Cooperating
SVM CERA: ICRA Keeps D Debt Ratings in Not Cooperating Category
THIRU MARGADARSHI: ICRA Keeps D Debt Ratings in Not Cooperating
TULIP HOTELS: NCLAT Upholds Insolvency Case Over Default
UNIMACTS INDIA: Voluntary Liquidation Process Case Summary
ZASS RUBBER: Voluntary Liquidation Process Case Summary
N E W Z E A L A N D
DRI-FIT ROOFING: Creditors' Proofs of Debt Due on May 2
HUA RESTAURANT: Owner Told to Pay NZD90,000 for Breaches
LK TAO: Court to Hear Wind-Up Petition on May 10
MULTIPACK NZ: Grahame Ward Appointed as Administrator
NAH LOGGING: Creditors' Proofs of Debt Due on May 27
ROBERTSON LOGGING: Court to Hear Wind-Up Petition on May 7
WOODWARD GROUP: Wishbone Owes More than NZD6.8MM, Report Shows
S I N G A P O R E
G8 JAPAN: Creditors' Proofs of Debt Due on May 13
HATSUGA ENTERPRISE: Court Enters Wind-Up Order
M NATURE: Court Enters Wind-Up Order
M PLUS: Court Enters Wind-Up Order
MONSOON HAIR: Court Enters Wind-Up Order
X X X X X X X X
[*] BOND PRICING: For the Week April 8, 2024 to April 12, 2024
- - - - -
=================
A U S T R A L I A
=================
ALLEGIANCE COAL: Wins Dismissal of Suit Over Counsel Fees
---------------------------------------------------------
Judge Craig T. Goldblatt of the United States Bankruptcy Court for
the District of Delaware granted Allegiance Coal USA Limited's
motion to dismiss the adversary case filed by Collins St
Convertible Notes Pty Ltd seeking a declaration that the fees
incurred by its counsel are senior to the carve-out from the DIP
liens.
The Debtors filed for bankruptcy in the hopes that they could
either reorganize in bankruptcy or sell their businesses on a going
concern basis. The case began with, on the first day of the case,
a hotly contested hearing in which the Debtors sought to use cash
collateral over the vigorous objection of secured creditor, Collins
St.
After the Court allowed the Debtors to use cash collateral --
having found, based on the evidence presented, the secured creditor
to be adequately protected -- the parties reached an agreement
under which the secured creditor agreed to provide the Debtors with
post-petition financing.
The Debtors' efforts to reorganize or find a going concern buyer
thereafter floundered, as a result -- the Debtors said -- of market
forces more broadly affecting coal prices. The case then
transitioned into an orderly liquidation in chapter 11, with the
Debtors retaining an auctioneer to sell off their assets, primarily
mining equipment. The net result is an unfortunate one. These
cases are administratively insolvent. The Debtors thus moved to
dismiss the Chapter 11 cases. The Debtors contemplate establishing
a mechanism for distributing the remaining cash first to satisfy
claims that are subject to the carve-out in the DIP order, and then
to Collins St, the secured lender.
In response to that, Collins St brought this adversary asking for
an order compelling the payment of its legal fees before any amount
is distributed to the beneficiaries of the DIP carve-out.
By way of context, Sec. 364 of the Bankruptcy Code authorizes a
debtor to grant substantial protections to a party willing to
extend post-petition credit to a debtor in possession. Section
364(b) authorizes granting the lender an administrative claim under
Sec. 503(b)(2). Section 364(c) authorizes the Court to grant
"superpriority" status to such postpetition lenders -- priority
over all other administrative claims and a lien on any unencumbered
assets -- when circumstances warrant. And Sec. 364(d) authorizes
the Court to grant the new lender a lien that "primes" prepetition
liens (subject to the prior lienholders' receipt of adequate
protection). The DIP order this Court entered in this case
provided Collins St with each of these protections. The challenge
associated with the granting of these kinds protections is that it
creates the risk that, if it turns out when all is said and done
that the estate has insufficient value to pay the DIP lender in
full, no funds will be available to pay the administrative costs of
the bankruptcy case, including those of the professionals.
The usual solution to this problem is to require a "carve-out" from
the DIP obligations to cover those administrative costs.
The Court finds that consistent with that practice, the DIP order
in this case contains precisely such a carve-out. Paragraph 17 of
the Final DIP Order provides that the DIP liens are subordinate to
the allowed professional fees in the bankruptcy case. In light of
this structure -- in which the Code grants first priority status to
the DIP obligations but provides a mechanism for the orderly
administration of the bankruptcy case by "carving out" certain
obligations from the liens that secure those obligations --
creating a further category of priority that would come ahead of
the carve-out would require some measure of acrobatic drafting.
Collins St, however, contends that this feat was accomplished in
paragraph 10 (and other provisions) of the DIP Order. Paragraph 10
provides that Collins St is entitled to recover its fees and
expenses and makes no mention of paragraph 17.
The debtors have moved to dismiss the Collins St adversary
proceeding on the ground that the language of the DIP documents is
clear and unambiguous and cannot be read to grant Collins St's
claim for fees ahead of the DIP carve-out. Collins St contends
that the DIP documents are more naturally read to support its
reading. Moreover, it contends that its reading is sufficiently
plausible that it is entitled to discovery in order to demonstrate,
based on a factual record, that the parties in fact intended to
adopt its reading. Because the Court concludes that the language
of the relevant documents is unambiguous and does not elevate the
Collins St fees over the carve-out, the Court will grant the motion
to dismiss.
The Court concludes that Collins St's complaint fails to state a
claim for which relief can be granted.
Collins St Convertible Notes Pty Ltd v. Allegiance Coal USA Ltd, et
al., Adv. Proc. No. 24-50016 (Bankr. D. Del.).
A copy of the Court's decision dated March 28, 2024, is available
at https://tinyurl.com/239mdc9n
About Allegiance Coal USA Limited
Allegiance Coal USA Limited is a listed Australian company focused
on seaborne met coal mine development and operations, with
operating mines in southeast Colorado, central Alabama, as well as
a development project in northwest British Columbia.
The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 23-10234) on Feb. 21,
2023. In the petition signed by Jonathan Romcke, chief executive
officer, the Debtor disclosed up to $100 million in assets and up
to $50 million in liabilities.
Judge Craig T. Goldblatt oversees the case.
Robert J. Dehney, Esq., at Morris, Nichols, Arsht & Tunnell LLP,
represents the Debtor as legal counsel.
ALURT PTY: First Creditors' Meeting Set for April 22
----------------------------------------------------
A first meeting of the creditors in the proceedings of Alurt Pty
Ltd will be held on April 22, 2024 at 10:00 a.m. via virtual
meeting by Zoom.
Scott Anthony Newton of Shaw Gidley Port Macquarie was appointed as
administrator of the company on April 10, 2024.
COASTAL S/C: First Creditors' Meeting Set for April 19
------------------------------------------------------
A first meeting of the creditors in the proceedings of Coastal S/C
Pty Ltd will be held on April 19, 2024 at 11:00 a.m. at the offices
of Worrells at Suite 2/ 63 The Esplanade in Maroochydore.
Dane Hammond of Worrells was appointed as administrator of the
company on April 10, 2024.
E-MERSION MEDIA: First Creditors' Meeting Set for April 19
----------------------------------------------------------
A first meeting of the creditors in the proceedings of E-Mersion
Media (Aust) Pty Ltd will be held on April 19, 2024 at 11:00 a.m.
via electronic facilities.
Mathew Gollant of CJG Advisory was appointed as administrator of
the company on April 11, 2024.
IMPEL PHARMA: Amended Joint Plan of Liquidation Takes Effect
------------------------------------------------------------
IPI Legacy Liquidation Co., formerly known as Impel Pharmaceuticals
Inc., ("Impel") and its affiliate, Impel NeuroPharma Australia PTY
LTD, (together with Impel, the "Debtors") announced April 5, 2024
as the effective date of their Revised First Amended Joint Plan of
Liquidation (the "Effective Date" and the "Plan," respectively).
This follows the confirmation of the Plan by the U.S. Bankruptcy
Court for the Northern District of Texas on April 2, 2024 and the
closing of the sale of substantially all of the Debtors' assets to
JN Bidco LLC on February 12, 2024.
Following the Effective Date, the Debtors' remaining business and
assets will be liquidated, and Impel will be dissolved. The shares
of Impel's existing common stock (CUSIP No. 45258K109) (the "Common
Stock") will also be cancelled as of the Effective Date, with no
action required by shareholders. The CUSIP for the Common Stock
will not remain open, and there will be no post-Effective Date
trading of the Common Stock. There will be no exchange of the
Common Stock, and holders of the Common Stock do not need to
surrender their shares.
Stakeholders with questions can contact the Company's claims agent,
Omni Agent Solutions, at ImpelInquiries@OmniAgnt.com or (888)
202-6183, or (747) 288-6396 for international calls. Details of the
restructuring, the wind-down of the Debtors, the terms of the Plan,
and the other agreements entered into as part of the Plan may be
viewed at Omni's case website at
https://omniagentsolutions.com/Impel.
The Debtors were represented in their chapter 11 cases by Sidley
Austin LLP (lead restructuring counsel), Fenwick & West LLP
(special corporate counsel), and Teneo Capital LLC (Chief
Restructuring Officer and additional personnel).
About Impel Pharmaceuticals
Impel Pharmaceuticals Inc. is a commercial-stage pharmaceutical
company developing transformative therapies for people suffering
from diseases with high unmet medical needs. Impel offers
development opportunities that pair its proprietary POD technology
mwith well-established therapeutics. In September 2021, Impel
received U.S. FDA approval for its first product, Trudhesa nasal
spray, which is approved in the U.S. for the acute treatment of
migraine with or without aura in adults. On the Web:
https://impelpharma.com/
Impel Pharmaceuticals Inc. sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Texas Lead Case No. 23-80016) on
Dec. 20, 2023.
In the petition filed by its chief restructuring officer, Brandon
D. Smith, Impel Pharmaceuticals disclosed total assets of
$35,073,000 and total debt of $126,978,000 as of Sept. 30, 2023.
The case is overseen by the Honorable Bankruptcy Judge Stacey G.
Jernigan.
Impel is being advised by Moelis & Company LLC as its investment
banker; Teneo Capital LLC as its financial advisor; and Sidley
Austin, LLP and Fenwick & West, LLP as legal counsel. Omni Agent
Solutions is the claims agent.
LCD ASBESTOS: First Creditors' Meeting Set for April 19
-------------------------------------------------------
A first meeting of the creditors in the proceedings of LCD Asbestos
Removal Pty Ltd will be held on April 19, 2024 at 10:00 a.m. at
Level 14, 15 Adelaide Street in Brisbane and via virtual meeting
technology.
Stephen Dixon of Hamilton Murphy Advisory was appointed as
administrator of the company on April 9, 2024.
SINCERUTTY MANAGEMENT: First Creditors' Meeting Set for April 18
----------------------------------------------------------------
A first meeting of the creditors in the proceedings of Sincerutty
Management Pty. Limited will be held on April 18, 2024 at 11:00
a.m. at the offices of O Brien Palmer at Level 9, 66 Clarence
Street in Sydney.
Christopher Palmer and Liam Bailey of O'Brien Palmer were appointed
as administrators of the company on April 8, 2024.
VIRIDI GROUP: Goes Into Voluntary Administration
------------------------------------------------
Christopher Darin and Joanne Keating of Worrells were appointed
voluntary administrators of Viridi Group Pty Ltd on April 5, 2024.
Viridi Group Pty Ltd has operated since 2020 as an off-site
manufacturer of prefabricated building products and solutions in
New South Wales, across multiple markets including volumetric
cabins, emergency temporary accommodation, defence projects and the
supply of infrastructure in the education sector.
The director has advised that the company has sought the
appointment of voluntary administrators predominantly as a result
of the temporary suspension of a government contract, and to
protect the interests of all key stakeholders.
Mr. Darin said, "the director appointed voluntary administrators as
the only responsible course of action available after urgently
exploring financial options and seeking professional advice from
several parties. This decision has been an extremely difficult
one.
"The administration process is in its infancy and we're working
hard to immediately establish the Company's financial position and
operations of the business, in order to continue to trade the
business in a limited capacity during the Voluntary Administration.
We are conscious and understanding of the impact the appointment
will have on everyone involved, particularly employees and
creditors."
According to news.com.au, the company had previously faced
financial difficulties in September last year.
Viridi Group CEO Ben Nurmi told news.com.au he was limited from
talking about the specifics of the government contract, which was
suspended due to "fiscal challenges" but the company was caught out
by the move.
"The factory was set up to deliver certain products and we were
halfway through that contact when we got advice it will be
suspended," he noted.
Staff were set to be impacted by the voluntary administration in
the future, he added.
"The company is operating in a limited capacity as we are finishing
off some of those works from the pre-suspension period," he said.
"We employ on a direct basis around 15 staff and utilise a heavy
subcontractor base of 90 to 100. Staff will be scaled back as
delivery is scaled back, but at present they are still working."
It comes after the company's financial position forced it into Safe
Harbour under the Corporations Act back in September 2023,
news.com.au notes.
Safe Harbour is designed to allow directors to address a company's
financial difficulties behind-the-scenes and allows the company to
continue to operate while under the supervision of an appropriately
qualified adviser.
A letter leaked to news.com.au revealed the company's situation
last year.
"The primary objective of Safe Harbour is to develop and implement
a restructuring plan for the company with a view to return the
company back to positive cashflow and profitability within the next
4-6 months and result in payment if full of all creditors claims,"
it said.
News.com.au relates that the letter written by insolvency
specialist Scott Newton from Shaw Gidley Port Macquarie explained
Safe Harbour would be "better outcome" for stakeholders rather than
liquidation or voluntary administration.
"Whilst there maybe delays in payment of currently outstanding
amounts the plan, once finalised, will provide a time frame for
bringing all creditors back within normal trading terms.
"At this stage, based on initial draft cashflows, that is likely to
occur within the next four months," it read.
Mr. Newton told news.com.au he wasn't responsible for the current
voluntary administration with his involvement with Viridi Group
ending in January.
"There were a number of issues with that company largely around the
type of work they did. They had moved from a manufacturer to a
manufacturer and installer and they were losing money on the
installation side of things - it wasn't their strength," he said.
"They had some management issues and the purpose of Safe Harbour
was to change the way they quoted on jobs and their role in those
jobs and to rejig of management. There were a lot senior management
terminated and a number of redundancies made to bring business to a
profitable structure to move forward."
Mr. Nurmi added the move in September was made to enforce a
"strategic management reset" to bring the company into a more
profitable business model, news.com.au relays.
"Things were tracking well under that plan but that obviously is
predicated on revenue being available and this key contractor was
one of contributing revenue steams for the plan and a fairly major
one," he said.
He was confident Viridi Group would emerge from its current issues
and continue to operate, he added.
[*] AUSTRALIA: ATO is Most Likely to 'Wind Up' a Business
---------------------------------------------------------
Skynews.com.au reports that ARITA CEO John Winter said the ATO is
"primarily" the reason for insolvencies.
More than 2,500 businesses have gone broke this year, which is
around 36 per cent higher than a year earlier, Skynews.com.au
discloses.
Skynews.com.au says the combination of higher interest rates,
subdued demand for discretionary goods and the ongoing woes for the
building industry are combining, to push more companies into
insolvency.
Skynews.com.au relates that Mr. Winter said the ATO is the most
likely to "wind up an organisation".
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C H I N A
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CHINA VANKE: Has Plans in Place Amid Short-Term Liquidity Pressure
------------------------------------------------------------------
Reuters reports that state-backed property developer China Vanke
said it is facing short-term liquidity pressure and operational
difficulties, but added that it has prepared "a basket of plans" to
stabilise its business and cut debt.
Vanke's Hong Kong-listed shares were down more than 1% in late
trading on April 15 after earlier hitting a record trading low,
while its Shenzhen-listed shares edged up 0.6%, stabilising after
nine consecutive sessions of decline.
According to Reuters, investors have been selling off Vanke's
shares and bonds in the past few weeks on liquidity concerns,
triggering a rare central government directive to help the
Shenzhen-based company.
Adding to its woes, S&P last week became the last of the major
credit rating firms to strip its investment grade status.
In a Sunday [April 14] meeting with analysts hosted by Chairman Yu
Liang and CEO Zhu Jiusheng, the developer said it had the support
of Shenzhen's state asset regulator as well as its largest
shareholder, state-owned Shenzhen Metro, after reporting its
situation to them, according to a filing that summarised comments
made by the company, Reuters relays.
Reuters relates that analysts said the market will closely watch
whether Vanke will be able to refinance as it plans, because banks
are reluctant to extend credit in the current environment.
"Financial problems will take time to solve, but the fact that the
management came out yesterday to explain the situation has eased
some speculation that it was in trouble," Reuters quotes Steven
Leung, director of UOB Kay Hian, as saying.
Reuters adds that the developer last week confirmed Chinese media
reports that an executive based in the northeastern city of Jinan
had been taken away by police for an investigation, but said on
April 14 authorities had told the company the probe was over a
personal matter unrelated to Vanke.
The developer also said it had filed a lawsuit for defamation
against a business partner who accused management of financial
misconduct, including making personal gains from the business.
The firm promised in the meeting to complete projects and deliver
apartments on time, the report notes.
Vanke said last month it aimed to boost its cashflow by slashing
debt by CNY100 billion (US$13.82 billion) over the next two years,
and the Shenzhen state asset regulator was coordinating with
several state-owned companies to help its cashflow, Reuters
recalls.
Vanke will likely address its liquidity pressure through the
Shenzhen government providing new financial support to cover
maturing public bonds through 2025 and fund its operations, UBS
analysts said in a report on April 13.
"We estimate Vanke's cash at project company and subsidiaries level
was CNY65.3 billion as of end 2023 . . . it may be enough to
support cash outflow for 9.9 months, if no market rebound," the
analysts said.
About China Vanke
China Vanke Co., Ltd. operates real estate development businesses.
The Company provides housing renovation, housing loans, real estate
brokerage, and other businesses. China Vanke also operates
logistics, material supply, and other businesses.
As reported in the Troubled Company Reporter-Asia Pacific on April
12, 2024, S&P Global Ratings lowered its long-term issuer credit
rating on China Vanke Co. Ltd. to 'BB+' from 'BBB+', and its
long-term issuer credit rating on China Vanke's subsidiary, Vanke
Real Estate (Hong Kong) Co. Ltd. to 'BB' from 'BBB'. S&P also
lowered the issue rating on Vanke HK's senior unsecured notes to
'BB' from 'BBB'.
The negative outlook on China Vanke reflects S&P's expectation that
the company's contracted sales could decline further over the next
12 months amid a prolonged industry downturn. China Vanke's
financial position could also weaken if the company fails to
execute its asset disposal plans.
FOSUN INT'L: BNP Paribas Agrees to Buy Fosun's Stake in Ageas
-------------------------------------------------------------
Bloomberg News report that BNP Paribas SA agreed to buy Fosun
International Ltd.'s 9% stake in insurer Ageas for about EUR730
million (US$777 million), tightening the French lender's
relationship with its partner in a Belgian business.
BNP Paribas' insurance unit will buy a 4.8% stake in Ageas in the
coming days, with the rest of the acquisition to be done after
regulatory approvals are received, the bank said in a statement
April 14. Bloomberg News reported last month that BNP Paribas was
considering the deal.
BNP Paribas and Brussels-based Ageas already have a joint venture,
AG Insurance, that sells life, auto and other forms of coverage in
Belgium. The bank's Belgian unit distributes Ageas products in the
country.
"Ageas is pleased to see that BNP Paribas recognizes, through this
investment, the value of its partnership for the long term and the
potential of the company going forward," Ageas said in a separate
statement.
The deal will have "a marginal impact" of about 2 basis points on
BNP Paribas's CET1 ratio, a key measure of financial strength, the
bank said, Bloomberg relays.
Bloomberg News reported in February that Fosun was working with
advisers on a possible sale of the stake. The Chinese conglomerate,
which is backed by billionaire Guo Guangchang, has been selling
assets as it seeks to reduce its debt load following an acquisition
spree.
About Fosun International
Fosun International Limited provides diversified services. The
Company offers products and services for families in health,
happiness, and wealth businesses. Fosun International serves
clients worldwide.
As reported in the Troubled Company Reporter-Asia Pacific in early
June 2023, S&P Global Ratings revised its rating outlook to stable
from negative on Fosun International Ltd. At the same time, S&P
affirmed its long-term issuer and issue credit ratings on Fosun at
'BB-'.
The stable rating outlook reflects S&P's expectation of moderating
refinancing risk and further deleveraging via asset recycling over
the next 12-18 months.
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I N D I A
=========
AEROC SPACE: ICRA Keeps B Ratings in Not Cooperating Category
-------------------------------------------------------------
ICRA has kept the long-term rating of Aeroc Space Technologies Pvt.
Ltd. in the 'Issuer Not Cooperating' category. The rating is
denoted as [ICRA]B (Stable); ISSUER NOT COOPERATING.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 12.82 [ICRA]B (Stable) ISSUER NOT
Non Fund Based COOPERATING; Rating continues
Others to remain under 'Issuer Not
Cooperating' category
Long Term- 0.18 [ICRA]B (Stable) ISSUER NOT
Unallocated COOPERATING; Rating continues
to remain under 'Issuer Not
Cooperating' category
As part of its process and in accordance with its rating agreement
with Aeroc Space Technologies Pvt. Ltd., ICRA has been trying to
seek information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Aeroc Space Technologies Private Limited (ASTPL) is incorporated in
2009 and is involved in the manufacturing of high precision
components and assemblies which cater to the needs of aerospace
component manufacturing companies who in turn supply their products
to ISRO, DRDO, BDL, BEML, Midhani and HAL etc. ASTPL is equipped
with tool room machines, CNC production machines, production
general machines and host specialized facilities for task like,
metalizing equipment (PTA), welding (Arc, MIG, TIG), short peening
and vibro finishing. The company also follows inspection practices
like: QA coverage over entire product development cycle,
Traceability at all stages, Comprehensive reporting, Heading
towards TQM.
ALTECH INFRASTRUCTURE: ICRA Keeps D Ratings in Not Cooperating
--------------------------------------------------------------
ICRA has kept the long-term and Short-term ratings of Altech
Infrastructure Pvt. Ltd. in the 'Issuer Not Cooperating' category.
The rating is denoted as [ICRA]D/[ICRA]D; ISSUER NOT COOPERATING.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Short-term 3.40 [ICRA]D; ISSUER NOT COOPERATING;
Non-fund based Rating continues to remain under
Others 'Issuer Not Cooperating'
Category
Long-term– 6.75 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Cash Credit 'Issuer Not Cooperating'
Category
Long Term- 0.23 [ICRA]D; ISSUER NOT COOPERATING;
Unallocated Rating Continues to remain under
'Issuer Not Cooperating'
Category
Long-term– 0.62 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Term Loan 'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with Altech Infrastructure Pvt. Ltd., ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
AIPL was incorporated in the year 2006 and is engaged in the
manufacturing of Deaerators, Pressure Vessels, Heat Exchangers,
Condensers, Evaporators and other stainless-steel tanks which find
application in many industries like, Chemical, Fertilizer,
Breweries, Petro Chem., Paper, Plywood, Power, and others. The
company has its manufacturing facility in Bhiwadi, Rajasthan. The
promoters of the company are well experienced in the line of
business and have other group companies along same line of
business.
ALUMASS PRIVATE: Insolvency Resolution Process Case Summary
-----------------------------------------------------------
Debtor: Alumass Private Limited
Registered Address:
81-A & 82-C
Dewas Industrial Area No. 1 A.B. Road
Dewas, Madhya Pradesh 455001
Insolvency Commencement Date: April 4, 2024
Court: National Company Law Tribunal, New Delhi Bench
Estimated date of closure of
insolvency resolution process: October 1, 2024
Insolvency professional: Rakesh Kumar Jindal
Interim Resolution
Professional: Rakesh Kumar Jindal
H. No. 3656/6. Gali No. 6
Narang Colony, Tri Nagar
Near Rose Garden, North West
National Capital Territory of Delhi 110035
Email: iprakesh.jindal@gmail.com
-- and --
70D, 3rd Floor
Krishna Park Ext.,
Tilak Nagar, Delhi 110018
Email: cirp-alumass@efficaxindia.com
Last date for
submission of claims: April 18, 2024
ARISTON PHARMA: Liquidation Process Case Summary
------------------------------------------------
Debtor: Ariston Pharma Nova Tech Private Limited
D No.5-5-35/136/B,
Ground Floor Prasanthi Nagar,
IDA, Kukatpally Hyderabad TG 500072 IN
Liquidation Commencement Date: April 3, 2024
Court: National Company Law Tribunal, Hyderabad Bench
Liquidator: Chillale Rajesh
B‐725, Western Plaza, O. U. Colony,
H. S. Darga, Hyderabad 500 008 Telangana
Email: chillalerajesh@yahoo.co.in
Email: cirp.ariston@gmail.com
Last date for
submission of claims: May 3, 2024
ASIAN POWER: Voluntary Liquidation Process Case Summary
-------------------------------------------------------
Debtor: Asian Power Projects Private Limited
Plot No. 15, 2nd Floor, 2nd Phase
Peenya, Peenya Industrial Area
Bengaluru 560058
Karnataka, India
Liquidation Commencement Date: March 31, 2024
Court: National Company Law Tribunal, Bengaluru Bench
Liquidator: Pramod Srihair
#16-1/2, 1+th B Cross
Jayanagar 3rd Block
Bengalyru 560011
Tel: 080 41607277
Email: pramod@capad.in
Last date for
submission of claims: April 30, 2024
ASOPALAV DEVELOPERS: ICRA Keeps B+ Debt Rating in Not Cooperating
-----------------------------------------------------------------
ICRA has kept the Long-Term rating of Asopalav Developers in the
'Issuer Not Cooperating' category. The rating is denoted as
"[ICRA]B+ (Stable); ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 20.00 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Term Loan to remain under 'Issuer Not
Cooperating' category
As part of its process and in accordance with its rating agreement
with Asopalav Developers, ICRA has been trying to seek information
from the entity so as to monitor its performance. Further, ICRA has
been sending repeated reminders to the entity for payment of
surveillance fee that became due. Despite multiple requests by
ICRA, the entity's management has remained non-cooperative. In the
absence of requisite information and in line with the aforesaid
policy of ICRA, the rating has been continued to the "Issuer Not
Cooperating" category. The rating is based on the best available
information.
Rajkot based Asopalav Developers (AD) was established in 2015. The
partners have experience of more than a decade in the real estate
segment. The current project Asopalav Enigma, consists of four
towers of 12 floors, which has 192 units covering a total saleable
area of 184,896 sq. ft. The construction started from April 2017
and was expected to be completed by September 2019.
ATLAS CYCLES: ICRA Keeps D Debt Ratings in Not Cooperating
----------------------------------------------------------
ICRA has kept the long-term and Short-term ratings of Atlas Cycles
(Haryana) Limited in the 'Issuer Not Cooperating' category. The
rating is denoted as [ICRA]D/[ICRA]D; ISSUER NOT COOPERATING.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Short Term- 15.00 [ICRA]D; ISSUER NOT COOPERATING;
Fund Based- Rating continues to remain under
Cash Credit 'Issuer Not Cooperating' category
Long-term– 45.00 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Cash Credit 'Issuer Not Cooperating'
Category
Long-term 22.00 [ICRA]D; ISSUER NOT COOPERATING;
Non-fund based Rating continues to remain under
Others 'Issuer Not Cooperating'
Category
Long Term- 2.30 [ICRA]D; ISSUER NOT COOPERATING;
Unallocated Rating Continues to remain under
'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with Atlas Cycles (Haryana) Limited, ICRA has been trying to seek
information from the entity so as to monitor its performance
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
ACL was started by Mr. Janki Das Kapur in 1950. The company started
with manufacturing bicycle saddles in 1951 and bicycles in 1952.
Currently, it is one of the top bicycle manufacturers in India by
virtue of its strong brand. The company manufactures bicycles from
its units at Sonepat (Haryana), Sahibabad (Uttar Pradesh) and
Malanpur (Madhya Pradesh) besides a steel tube manufacturing unit
at Bawal (Haryana). As part of a family settlement, Mr. Janki Das
Kapur's three sons signed an MoU, under which the company was
divided into three profit centres, each under the management ofone
of his sons or their families. In late 2014, however, the Malanpur
unit was shut down. The bicycles manufactured by the company range
from necessity bicycles to high-end bicycles, including the e-Bike
segment.
AVINASH EM: Liquidation Process Case Summary
--------------------------------------------
Debtor: Avinash Em Projects Private Limited
308 National Arcade plot No 4
LSC Main Road Gazipur, Delhi
Gazipur, Delhi, Delhi, India
Liquidation Commencement Date: March 18, 2024
Court: National Company Law Tribunal New Delhi Bench
Liquidator: Manoj Kumar Anand
2, Community Centre, 3rd Floor,
(Near PVR/McDonald),
Naraina, New Delhi-110028
E-mail: anandmanoja@gmail.com
Process e-mail: cirpavinashem@gmail.com
Last date for
submission of claims: May 5, 2024
AVNI YARNS: Insolvency Resolution Process Case Summary
------------------------------------------------------
Debtor: Avni Yarns Private Limited
Registered Address:
Plot No. 9, Block No 300/301
Tantithaiya, Kadodara
Surat 394327
Insolvency Commencement Date: April 2, 2024
Court: National Company Law Tribunal, Ahmedabad Bench
Estimated date of closure of
insolvency resolution process: September 9, 2024
Insolvency professional: Omkarchand Rikhabdas Maloo
Interim Resolution
Professional: Omkarchand Rikhabdas Maloo
403, 4th Floor, Shaival Plaza
Near Hope Neuro Care Hospital
Gujarat College Road
Ellisbridge, Ahmedabad 380006
Gujarat
Email: omkar@ormaloo.com
Email: ipavniyarns@gmail.com
Last date for
submission of claims: April 16, 2024
AYUSHMAN MERCHANTS: ICRA Keeps B+ Debt Ratings in Not Cooperating
-----------------------------------------------------------------
ICRA has kept the Long-Term and Short-Term ratings of Ayushman
Merchants Private Limited in the 'Issuer Not Cooperating' category.
The ratings are denoted as "[ICRA]B+ (Stable); ISSUER NOT
COOPERATING/[ICRA]A4; ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 31.00 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Cash Credit to remain under 'Issuer Not
Cooperating' category
Long Term/ 4.00 [ICRA]B+ (Stable)/[ICRA]A4;
Short Term- ISSUER NOT COOPERATING;
Non-Fund Based- Rating Continues to remain
Others under issuer not cooperating
Category
As part of its process and in accordance with its rating agreement
with Ayushman Merchants Private Limited, ICRA has been trying to
seek information from the entity so as to monitor its performance,
but despite repeated requests by ICRA, the entity's management has
remained non-cooperative. In the absence of requisite information
and in line with the aforesaid policy of ICRA, a rating view has
been taken on the entity based on the best available information.
AMPL, incorporated in 2007, is involved in the trading of polymers.
The company is a DCA/CS of CSL, which is a part of the Sanmar Group
and GIL. The company deals in PET chips, PVC resin, CP and is also
into trading of calcium and mineral powder. It is managed by Mr.
Manoj Dugar, who has an experience of around 15 years in the
polymer industry.
BLUE ARCADE: Insolvency Resolution Process Case Summary
-------------------------------------------------------
Debtor: Blue Arcade Properties Private Limited
Registered Address:
Shop No. 3, Floor -0, A 1,
Bhawani Mata CHSN M Joshi Marh,
Deepak Cinema, Lower Parel,
Delisle Road Mumbai 400013
Insolvency Commencement Date: March 28, 2024
Court: National Company Law Tribunal, Mumbai Bench
Estimated date of closure of
insolvency resolution process: September 29, 2024
Insolvency professional: Gaurang Chhotalal Shah
Interim Resolution
Professional: Gaurang Chhotalal Shah
Flat 204 A Wing Raj Vaibhav 1 CHS
Dahanukar Wadi Mahavir Nagar Kandivali (W)
Mumbai 400067
Email: fcsgaurang.shah@gmail.com
-- and --
1204/1211, Maker Chamber V
Nariman Point, Mumbai 400021
Email: ip.bluearcade@gmail.com
Last date for
submission of claims: April 16, 2024
CNS FASHION RETAIL: Liquidation Process Case Summary
----------------------------------------------------
Debtor: CNS Fashion Retail Private Limited
JA 0911, Plot No. 10
DDA District Centre
Jasola, New Delhi 110020
Liquidation Commencement Date: March 18, 2024
Court: National Company Law Tribunal, New Delhi
Liquidator: Pooja Bahry
59/27, Prabhat Road,
New Rohtak Road,
New Delhi 110005
Email: pujabahry@yahoo.com
Email: liquidation.cnsfashion@gmail.com
Email: cirpcns@gmail.com
Email: pujabahry@yahoo.com
Last date for
submission of claims: May 4, 2024
DECCAN ISPAT: ICRA Keeps D Debt Ratings in Not Cooperating
----------------------------------------------------------
ICRA has kept the Short-Term rating of Deccan Ispat Limited in the
'Issuer Not Cooperating' category. The rating is denoted as
"[ICRA]D; ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Short-term 7.00 [ICRA]D; ISSUER NOT COOPERATING;
Non-fund based Rating continues to remain under
Others 'Issuer Not Cooperating'
Category
Short Term- 3.00 [ICRA]D; ISSUER NOT COOPERATING;
Unallocated Rating Continues to remain under
'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with Deccan Ispat Limited, ICRA has been trying to seek information
from the entity so as to monitor its performance. Further, ICRA has
been sending repeated reminders to the entity for payment of
surveillance fee that became due. Despite multiple requests by
ICRA, the entity's management has remained non-cooperative. In the
absence of requisite information and in line with the aforesaid
policy of ICRA, the rating has been continued to the "Issuer Not
Cooperating" category. The rating is based on the best available
information.
Incorporated in 2005, Deccan Ispat Limited is engaged in trading of
timber logs, veneers and plywood. The directors of the company are
Mr. Rajiv Agrawal & Mr. Anshu Agrawal who have extensive experience
of two decades in manufacturing plywood, block board and trading of
timber.
DELTA ENERGY: Voluntary Liquidation Process Case Summary
--------------------------------------------------------
Debtor: Delta Energy Systems (India) Private Limited
2nd Floor, Plot No. 43,
Sector-35 Industrial Estate Gurgaon,
Haryana, India 122001
Liquidation Commencement Date: April 2, 2024
Court: National Company Law Tribunal, Chandigarh Bench
Liquidator: Poonam Chand Jain
No. 2382, Sector-16,
Faridabad, Haryana 121002
Email: cspcjain@gmail.com
Mobile : +91 9811087881
Last date for
submission of claims: May 3, 2024
FR TECH INNOVATIONS: Liquidation Process Case Summary
-----------------------------------------------------
Debtor: FR Tech Innovations Private Limited
A-1402, Serenity Towers
Off Oshiwara Link Road
Jogeshwar West, Mumbai City
Maharashtra, India 400102
Liquidation Commencement Date: March 3, 2024
Court: National Company Law Tribunal, Mumbai Bench
Liquidator: S. Gopalakrishnan
203, the Ghatkopar Neelkanth CHS
Jethbhai Lane, Ghatkopar East
Mumbai 400077
Email: gopi63.ip@gmail.com
Last date for
submission of claims: May 2, 2024
G V MEDITECH: Insolvency Resolution Process Case Summary
--------------------------------------------------------
Debtor: G V Meditech Private Limited
Registered Address:
70-B Pocket-E, Gangotri Enclave,
Alaknanda, New Delhi-110019
Insolvency Commencement Date: April 3, 2024
Court: National Company Law Tribunal, New Delhi Bench
Estimated date of closure of
insolvency resolution process: October 1, 2024
Insolvency professional: Saurab Sharma
Interim Resolution
Professional: Saurab Sharma
B-204, First Floor Back Side,
T-Extension, Street No 7,
Vishwas Park Extn
Uttam Nagar, Delhi 110059
Email Id.: sk04sharma@gmail.com
Email Id.: cirp.gvmpl@gmail.com
Last date for
submission of claims: April 18, 2024
GAYATH INDUSTRIES: ICRA Keeps B+ Debt Ratings in Not Cooperating
----------------------------------------------------------------
ICRA has kept the Long-term ratings for the bank facilities of
Gayath Industries in the 'Issuer Not Cooperating' category. The
rating is denoted as "[ICRA]B+(Stable); ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 0.50 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Cash Credit to remain under 'Issuer Not
Cooperating' category
Long Term- 8.40 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Term Loan to remain under 'Issuer Not
Cooperating' category
Long Term- 0.10 [ICRA]B+ (Stable) ISSUER NOT
Unallocated COOPERATING; Rating continues
to remain under 'Issuer Not
Cooperating' category
As part of its process and in accordance with its rating agreement
with Gayath Industries, ICRA has been trying to seek information
from the entity so as to monitor its performance. Further, ICRA has
been sending repeated reminders to the entity for payment of
surveillance fee that became due. Despite multiple requests by
ICRA, the entity's management has remained non-cooperative. In the
absence of requisite information and in line with the aforesaid
policy of ICRA, the rating has been continued to the "Issuer Not
Cooperating" category. The rating is based on the best available
information.
Gayath Industries was established in 2006, with Ms. Latha Muthu as
its proprietor. The firm manufactures precision machined
engineering components such as windmill components, railway coach
couplers, tunnel boring machine components, value components and
manifolds, among others. The day-to-day operations are managed by
Mr. Muthu P, who has an extensive experience of over two decades in
the precision components segment.
GOODHEALTH INDUSTRIES: Insolvency Resolution Process Case Summary
-----------------------------------------------------------------
Debtor: Goodhealth Industries Private Limited
Registered Address:
E-13/29, First Floor, Harsha Bhawan
Connaught Place, New Delhi 110001
-- and --
Plant Warehouse:
Village Godhola, Tehsil Punhana
District Nuh, Haryana 122508
Plant Warehouse:
Khasra No.: 103, 104, 105, NH-73
Dehradun Road, Village Kumarhera
Saharanpur UP 247001
Insolvency Commencement Date: April 2, 2024
Court: National Company Law Tribunal, New Delhi Bench
Estimated date of closure of
insolvency resolution process: September 29, 2024
Insolvency professional: Bihari Lal Chakravarti
Interim Resolution
Professional: Bihari Lal Chakravarti
G C - 901 Aditya Mega City
Vaibhav Khand Indirapuram
Ghaziabad, Uttar Pradesh 201014
Email: blchakravati.associates@gmail.com
-- and --
D-54, First Floor, Defence Colony
New Delhi 110024
Email: cirp.ghipl@gmail.com
Last date for
submission of claims: April 16, 2024
GREATER ARAFAT: Liquidation Process Case Summary
------------------------------------------------
Debtor: Greater Arafat Tanners Private Limited
12-CNEW Jajmau Road Kanpur
Uttar Pradesh UP 208010 IN
Liquidation Commencement Date: April 1, 2024
Court: National Company Law Tribunal, Allahabad Bench
Liquidator: Swami Deen Gupta
2/64 Vishesh Khand Gomti Nagar
Lucknow 226010
Email: sdguptacmaip@gmail.com
Email: cirp.greaterarafat@gmail.com
Last date for
submission of claims: May 1, 2024
ICP INDUSTRIAL: Voluntary Liquidation Process Case Summary
----------------------------------------------------------
Debtor: ICP Industrial Coatings India Private Limited
B-48 Morari Park Gotri Road
Vadodara, Gujarat, India 390021
Liquidation Commencement Date: April 8, 2024
Court: National Company Law Tribunal, Ahmedabad Bench
Liquidator: Kashyap Ashwinbhai Shah
8-203, Manubhai Towers
Opp. M S University
Sayajigunj, Vadodara 390020
Email: kashyap.cs.ip@gmail.com
Tel No: 0265-2362244
Last date for
submission of claims: May 7, 2024
JHARKHAND MEGA: Liquidation Process Case Summary
------------------------------------------------
Debtor: Jharkhand Mega Food Park
Plot No. 1596, Road No.
Hawai Nagar, Muaza-Hinoo
PS-Jagannathpur
Ranchi Ranchi JH 834003 IN
Liquidation Commencement Date: April 3, 2024
Court: National Company Law Tribunal, Kolkata Bench
Liquidator: Pankaj Kumar Tibrewal
Chitra 3E, Duke Residency,
13 Chanditala Lanem
Near Chalia More, Tollygunge
Kolkata, West Bengal 700040
Email: tibrewalpankaj@yahoo.com
-- and --
AAA Insolvency Professionals LLP
15B, Ballygunge Circular Road
Mousumi Apartments, Ground Floor
Kolkata 700019
Email: jmfp.cirp@gmail.com
Last date for
submission of claims: May 3, 2024
LABINAPP TECHNOLOGY: Voluntary Liquidation Process Case Summary
---------------------------------------------------------------
Debtor: Labinapp Technology Private Limited
Plot 11, Kadalivana,
Tumari Garden, Gulganijkoppa,
Malapur, Dharwad,
Karnataka, India, 58008
Liquidation Commencement Date: March 31, 2024
Court: National Company Law Tribunal Bangalore Bench
Liquidator: Ganesh Panduranga Pai
No.68, 6B, 6th Floor, Chitrapur Bhawan 8th Main,
Email: pragnya.cas@gmail.com
Tel No: 9845666596
Last date for
submission of claims: April 30, 2024
LAIBA INTERNATIONAL: Insolvency Resolution Process Case Summary
---------------------------------------------------------------
Debtor: Laiba International Private Limited
Registered Address:
E-20 Lajpat Nagar-III,
New Delhi-110024
Insolvency Commencement Date: March 20, 2024
Court: National Company Law Tribunal, New Delhi Bench
Estimated date of closure of
insolvency resolution process: October 1, 2024
Insolvency professional: Saurab Sharma
Interim Resolution
Professional: Saurab Sharma
B-204, First Floor Back Side,
T-Extension, Street No 7,
Vishwas Park Extn
Uttam Nagar, Delhi 110059
Email: sk04sharma@gmail.com
Email: cirp.gvmpl@gmail.com
Last date for
submission of claims: April 18, 2024
MAHARASHTRA BIO: Insolvency Resolution Process Case Summary
-----------------------------------------------------------
Debtor: Maharashtra Bio Fertilisers (India) Private Limited
Registered Address:
Gut No. 400, 401 & 403
At Post: Ekurga Latur
Maharashtra, India 413511
Insolvency Commencement Date: April 3, 2024
Court: National Company Law Tribunal, Mumbai Bench
Estimated date of closure of
insolvency resolution process: September 30, 2024
Insolvency professional: Sonu Gupta
Interim Resolution
Professional: Sonu Gupta
42/1201, 11th Floor
N.R.I. Complex, Seawoods Estates
Nerul, Navi Mumbai
Maharashtra 400706
Email: rpsonugupta@gmail.com
-- and --
Office No. 407, Belapur Concorde Premises
Plot No. 66A, Sector 11, CBD Belapur
Navi, Mumbai 400614
Email: cirp.mbf@gmail.com
Last date for
submission of claims: April 17, 2024
MS KHURANA ENG'G: Insolvency Resolution Process Case Summary
------------------------------------------------------------
Debtor: M. S. Khurana Engineering Limited
Registered Address:
2nd Floor, MSK, Near Kashiramranabhavan
Passport Office - Panjrapole Road
Ambawadi, Ahmedabad
Gujarat, India 380015
Insolvency Commencement Date: April 1, 2024
Court: National Company Law Tribunal, Ahmedabad Bench
Estimated date of closure of
insolvency resolution process: September 28, 2024
Insolvency professional: Nandish Sunilbhai Vin
Interim Resolution
Professional: Nandish Sunilbhai Vin
C/53, Shanti Niketan Row House
Opp. Sagar Complex
Anand Mahal Road, Surat 395009
Email: ip.nandish.vin@gmail.com
-- and --
301, Sovereign Shopper
Beside Sindhu Seva Samiti School
Near Sneh Sankul Wadi
Anand Mahal Road, Surat 395009
Email: cirp.mskhurana@gmail.com
Last date for
submission of claims: April 15, 2024
PICCADILY HOLIDAY: ICRA Keeps B+ Debt Rating in Not Cooperating
---------------------------------------------------------------
ICRA has kept the long-term rating of Piccadily Holiday Resorts
Limited in the 'Issuer Not Cooperating' category. The rating is
denoted as [ICRA]B+(Stable); ISSUER NOT COOPERATING.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 28.00 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Term Loan to remain under 'Issuer Not
Cooperating' category
As part of its process and in accordance with its rating agreement
with Piccadily Holiday Resorts Limited, ICRA has been trying to
seek information from the entity so as to monitor its performance
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
PHRL was incorporated in 1982 with an objective to run hotels,
cinemas and other similar activities. The company established its
first hotel in 1986, 'Hotel Piccadily Manali' in Manali, Himachal
Pradesh. Subsequently, in October 2006, PHRL commenced operations
at its Lucknow hotel, 'The Piccadily Lucknow'. Both the properties
are managed and operated by the company itself. As a part of a
family settlement, Piccadily Cinema in Sector 34, Chandigarh, which
was earlier owned by Piccadily Hotels Private Limited (PHPL) was
merged into PHRL w.e.f. April 2006 and PHRL then set up a
three-screen mall-cum-multiplex project named 'Piccadily Square' at
this location, which commenced operations in September 2012. The
project is developed on a 2500 square yards plot which was
initially allotted on a 99-year lease to PHPL in 1973 by the
Chandigarh administration. As a part of the demerger scheme between
the promoter families, the Sector 34 property was demerged from
PHPL and merged into PHRL. Piccadily Holiday Resorts Limited has
recently acquired Kausauli Resorts Private Limited, which has a
hotel property located at Kasauli under the name 'Kasauli Resorts'
with a room capacity of 33.
SAVIDHA MEDICAL: ICRA Keeps B Debt Ratings in Not Cooperating
-------------------------------------------------------------
ICRA has kept the Long-Term rating of Savidha Medical Center and
Hospital in the 'Issuer Not Cooperating' category. The rating is
denoted as "[ICRA]B (Stable); ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 5.00 [ICRA]B (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Term Loan to remain under 'Issuer Not
Cooperating' category
Long Term- 5.00 [ICRA]B (Stable) ISSUER NOT
Unallocated COOPERATING; Rating continues
to remain under 'Issuer Not
Cooperating' category
As part of its process and in accordance with its rating agreement
with Savidha Medical Center and Hospital, ICRA has been trying to
seek information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Savidha Medical Center and Hospital has been established by Dr.
Sasithra and Mr. Dhamod haran as a partnership firm in the year
2015. The firm had proposed establish a multi -specialty hospital
under the name Savidha Medical Center and Hospital in Mettupalayam,
Coimbatore with specialties including Paediatrics, Orthopaedics,
Dermatology, Obstetrics, Gynaecology and General medicine.
SCOTTISH CHEMICAL: ICRA Keeps B+ Debt Ratings in Not Cooperating
----------------------------------------------------------------
ICRA has kept the Long-Term and Short-term rating for the Bank
facilities of Scottish Chemical Industries in the 'Issuer Not
Cooperating' category. The rating is denoted as
"[ICRA]B+(Stable);ISSUER NOT COOPERATING/[ICRA]A4;ISSUER NOT
COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 30.00 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Cash Credit to remain under 'Issuer Not
Cooperating' category
Long Term/ (30.00) [ICRA]B+ (Stable)/[ICRA]A4;
Short Term- ISSUER NOT COOPERATING;
Interchangeable- Rating Continues to remain
Others under issuer not cooperating
category
Long Term/ 15.00 [ICRA]B+ (Stable)/[ICRA]A4;
Short Term- ISSUER NOT COOPERATING;
Unallocated Rating Continues to remain
under issuer not cooperating
category
As part of its process and in accordance with its rating agreement
with Scottish Chemical Industries, ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Established in 1984 by Mr. Kamal Khandelwal, Scottish Chemical
Industries (SCI or the firm) is a manufacturer and exporter of
Hexachloroethane and foundry chemicals/products. The firm has been
supplying chemicals to foundry industry for over three decades,
with a special focus on Aluminum foundry. The firm's customer base
comprises of primary and secondary smelters, die casters, extrusion
units, manufacturers of alloys, wheels, pistons, sheets, foils,
cables etc. From FY2018 onwards, SCI also diverted its business
into manufacturing of fluxes, metal alloys and trading of metals,
especially to cater Aluminum foundry industry. The firm has four
manufacturing units located at Taloja, Maharashtra, with a combined
manufacturing installed capacity of 13,500 metric ton per annum
(MTPA). SCI is in process of setting up a fifth unit at Taloja,
Maharashtra, to manufacture fluxes and metal alloys which will
increase the installed capacity by ~12,000 MTPA.
SEGAM TILES: ICRA Keeps B+ Debt Ratings in Not Cooperating
----------------------------------------------------------
ICRA has kept the Long-Term and Short-Term ratings of Segam Tiles
Pvt. Ltd. in the 'Issuer Not Cooperating' category. The ratings are
denoted as "[ICRA]B+(Stable) ISSUER NOT COOPERATING/[ICRA]A4 ISSUER
NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 30.00 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Term Loan to remain under 'Issuer Not
Cooperating' category
Long Term- 10.00 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Cash Credit to remain under 'Issuer Not
Cooperating' category
Short Term- 3.00 [ICRA]A4 ISSUER NOT
Non Fund Based COOPERATING; Rating continues
Others to remain under 'Issuer Not
Cooperating' category
As part of its process and in accordance with its rating agreement
with Segam Tiles Pvt. Ltd., ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Incorporated in 2016 by Mr. Kamlesh Rajkotiya and Mr. Mahesh
Kundariya along with their families, Segam Tiles Private Limited
manufactures double charged vitrified tiles. The manufacturing unit
is located at Morbi, Gujarat, with an installed production capacity
of 8,500 boxes of vitrified tiles per annum of the 600mX600m
dimension. STPL also manufactures higher size tiles of 800mX800m
and 1200mX1200m. The commercial operations started from March 2017.
Promoters have a decade-long experience in the ceramics industry,
and have also promoted Segal Ceramic Private Limited, which
manufactures ceramic wall tiles. STPL has another associate
concern, Antique Marbonite Private Limited, which also operates in
the same business sector.
SHRISHTI TECHNOLOGIES: ICRA Keeps B+ Rating in Not Cooperating
--------------------------------------------------------------
ICRA has kept the Long-Term rating for the Bank facilities of
Shrishti Technologies in the 'Issuer Not Cooperating' category. The
rating is denoted as "[ICRA]B+(Stable);ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 6.00 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Cash Credit to remain under 'Issuer Not
Cooperating' category
As part of its process and in accordance with its rating agreement
with Shrishti Technologies, ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Shrishti Technologies is engaged in manufacturing and assembling of
electric fans for Bajaj Electrical Limited, Luminous Power
Technologies Private Limited, Maharaja White line Industries
Private limited, Surya, Anchor Electricals Private Limited. The
firm has its manufacturing facility in Baddi, Himachal Pradesh.
Until FY2015, the firm had an installed capacity to manufacture 10
lakh units per annum and was operating at ~90%+ capacity.
Thereafter in FY2016, the firm added new customers (including
Luminous Power Technologies Private Limited, Maharaja White line
Industries Private Limited, Anchor Electricals Pvt. Ltd, Surya
Roshni Limited etc.).
SMAAASH ENTERTAINMENT: NCLAT Upholds NCLT Order in Insolvency Case
------------------------------------------------------------------
Livemint.com reports that the National Company Law Appellate
Tribunal (NCLAT) has upheld an order by the National Company Law
Tribunal (NCLT) in November 2023 that set aside the 'fraudulent'
transfer of the Smaaash brand by founder ShripalMorakhia. "The
order dated Nov. 22, 2023 continues to be operative", said a bench
led by justices Ashok Bhushan and Arun Baroka.
Livemint.com relates that the November order by the Mumbai bench of
the NCLT revoked the transfer of the 'Smaaash' brand's ownership,
deeming Morakhia's act "fraudulent" and directing that the brand be
returned to the bankrupt Smaaash Entertainment Pvt Ltd (SEPL).
According to the report, the tribunal's order came after Bhrugesh
Amin, the resolution professional of Smaaash, filed a petition to
annul, rescind, cancel the back-dated deed agreement signed between
Smaaash and Fun Gateway in April 2022.
In his plea before the NCLT, Amin asked the tribunal to restrain
Morakhia from transferring the 'Smaaash' trademark to privately
owned Fun Gateway Arena Pvt Ltd after it was found that the brand
was transferred through a back-dated deed of assignment signed in
2022, Livemint.com says. He also asked that Fun Gateway be
restrained from using or dealing with any brand content of Smaaash,
including the company's trademarks.
The NCLT said in its order that Morakhia and his associate firms
colluded to syphon off critical and valuable assets of the company,
including the brand content and the Smaaash trademarks through the
2022 assignment agreement, Livemint.com relays.
"This fraudulent action of the erstwhile management of the company
had denuded the value of the company and is likely to substantially
reduce the financial proposal offered by the prospective
bidders/resolution applicants towards the acquisition of the
insolvent firm under a resolution plan", the bench, as cited by
Livemint.com, said.
It added, "Since fraud vitiates everything, this tribunal is
pleased to direct Fun Gateway to return all the benefits earned by
it on account of usage of the brand content."
Fun Gateway then moved the appeals court, challenging the November
order. However, it later withdrew the appeal, which led the NCLAT
to dismiss the matter, Livemint.com notes.
SOLID STATE: ICRA Keeps B+ Debt Ratings in Not Cooperating
----------------------------------------------------------
ICRA has kept the Long-term and Short-term ratings for the bank
facilities of Solid State Systems Private Limited in the 'Issuer
Not Cooperating' category. The rating is denoted as
"[ICRA]B+(Stable)/[ICRA]A4; ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 4.75 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Cash Credit to remain under 'Issuer Not
Cooperating' category
Long Term- 3.20 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Term Loan to remain under 'Issuer Not
Cooperating' category
Short Term- 3.51 [ICRA]A4 ISSUER NOT
Non Fund Based COOPERATING; Rating continues
Others to remain under 'Issuer Not
Cooperating' category
As part of its process and in accordance with its rating agreement
with Solid State Systems Private Limited, ICRA has been trying to
seek information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Solid State Systems Private Limited (SSSPL), founded in 1972 by
Late Mr. Irshad Basith, manufactures metalised polypropylene (MPP)
film capacitors. It also manufactures aluminum cans, poly-urethane
resin and MPP film, which are components for manufacturing
capacitors. It has quality certifications, including ISO 9001-2000,
ISO 14000 and ISO 18000 the American UL Certification, the European
ENEC Certification (for lighting capacitors) and the S1 and S2
Certification from International Electrotechnical Commission (IEC).
At present, the company is run by its directors, Mr. Omer
Basith,Mr. Jawad Basith, Mr. Naushad Hasan, and Mr. Iqbal Basith.
It has an installed capacity to manufacture 10 million pieces per
annum at its manufacturing facility located at Hoskote, Bangalore.
SRINIVASA RICE: ICRA Keeps B+ Debt Ratings in Not Cooperating
-------------------------------------------------------------
ICRA has kept the long-term rating of Sri Srinivasa Rice Mill
(Mahendrawada) in the 'Issuer Not Cooperating' category. The rating
is denoted as [ICRA]B+(Stable); ISSUER NOT COOPERATING.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term- 6.00 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Rating continues
Cash Credit to remain under 'Issuer Not
Cooperating' category
Long Term- 4.00 [ICRA]B+ (Stable) ISSUER NOT
Unallocated COOPERATING; Rating continues
to remain under 'Issuer Not
Cooperating' category
As part of its process and in accordance with its rating agreement
with Sri Srinivasa Rice Mill (Mahendrawada), ICRA has been trying
to seek information from the entity so as to monitor its
performance. Further, ICRA has been sending repeated reminders to
the entity for payment of surveillance fee that became due. Despite
multiple requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Founded in 1978, SSRM is involved in the milling of paddy and
produces raw and boiled rice. The rice mill is located at
Mahendrawada village, Anaparthi Mandal in East Godavari district of
Andhra Pradesh. Its installed production capacity is 30,000 metric
tonnes per annum. The firm sold its products under the brand name
of Umbrella.
SVM CERA: ICRA Keeps D Debt Ratings in Not Cooperating Category
---------------------------------------------------------------
ICRA has kept the Long-term and Short-term rating for the bank
facilities of SVM Cera Private Limited in the 'Issuer Not
Cooperating' category. The rating is denoted as "[ICRA]D/[ICRA]D;
ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long-term– 5.50 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Cash Credit 'Issuer Not Cooperating'
Category
Short Term- (0.50) [ICRA]D; ISSUER NOT COOPERATING;
Interchangeable Rating Continues to remain under
'Issuer Not Cooperating'
Category
Short-term 2.80 [ICRA]D; ISSUER NOT COOPERATING;
Non-fund based Continues to remain under the
Others 'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with SVM Cera Private Limited, ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
SVM Cera Private Limited (formerly known as M/s. Matalvuoto Films
(India)) was incorporated in January 1986. With effect from April
1, 2014, the name was changed from the erstwhile SVM Cera Tea
Limited to SVM Cera Limited. Further, with effect from September
29, 2015, the name was changed from SVM Cera Limited to SVM Cera
Private Limited. The company manufactures ceramic glaze frit (CGF)
at its unit located at Ankleshwar, Gujarat. The company's
operations are handled by Mr. K.M. Bhanderi, under the leadership
of Chairman Mr. S.V. Mohta and other professional directors.
THIRU MARGADARSHI: ICRA Keeps D Debt Ratings in Not Cooperating
---------------------------------------------------------------
ICRA has kept the Long-term rating for the bank facilities of Thiru
Margadarshi Construction (P) Ltd. in the 'Issuer Not Cooperating'
category. The rating is denoted as "[ICRA]D; ISSUER NOT
COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long-term– 4.00 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Term Loan 'Issuer Not Cooperating'
Category
Long Term- 6.00 [ICRA]D; ISSUER NOT COOPERATING;
Unallocated Rating Continues to remain under
'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with Thiru Margadarshi Construction (P) Ltd., ICRA has been trying
to seek information from the entity so as to monitor its
performance. Further, ICRA has been sending repeated reminders to
the entity for payment of surveillance fee that became due. Despite
multiple requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Thiru Margadarshi Construction Pvt. Ltd, promoted by Mr. Narayanan,
was incorporated in 2003 and is involved in the business of
real-estate development in Bangalore. At present, the company has
seven ongoing projects for construction of residential apartments
and commercial buildings in Bangalore.
TULIP HOTELS: NCLAT Upholds Insolvency Case Over Default
--------------------------------------------------------
Business Standard reports that the National Company Law Appellate
Tribunal (NCLAT) has upheld the insolvency proceedings against
Tulip Hotels, which had defaulted on INR450 crore corporate
guarantees given for Cox & Kings and EzeeGo One Travel & Tours
each.
On May 16, 2023, the Mumbai bench of National Company Law Tribunal
(NCLT) had directed initiation of a Corporate Insolvency Resolution
Process (CIRP) against Tulip Hotels over a plea filed by Yes Bank,
claiming a default of INR900 crore for two corporate guarantees
issued by it, Business Standard notes.
According to Business Standard, the order was challenged before
appellate body NCLAT, which upheld the earlier order by NCLT,
saying when a corporate debtor gives a guarantee for a loan
transaction, the right of the financial creditor to initiate action
against it gets trigger the moment the principal borrower commits a
default.
Tulip Hotels was a corporate guarantor for two loans disbursed by
Yes Bank to Cox & Kings and EzeeGo One Travel and Tours Ltd.
After they defaulted, the financial creditor Yes Bank invoked the
guarantee of INR450 crore each given for both loans.
"When default is committed by the principal borrower, the amount
becomes due against both the principal borrower and the Corporate
Guarantor and hence both become liable to pay the amount when the
default is committed," said NCLAT in its order on April 9 while
dismissing the appeal.
Business Standard relates that the appellate insolvency tribunal
further said, "the default by the principal borrower and the
guarantor arises on the same date," unless, the terms of the
contract of guarantee provide that the liability of the guarantor
would arise in terms of the agreement.
In the present case, Yes Bank had invoked the guarantee, therefore,
the defaults had arisen on the issue of the demand notice as
contemplated in the guarantee.
"In the present case, notice has been duly served upon the
Corporate Guarantor demanding payment and there being a clear
default on the part of the Corporate Guarantor to clear the
outstanding due, the Adjudicating Authority has rightly admitted
the Corporate Debtor in its capacity as Corporate Guarantor into
CIRP," NCLAT, as cited by Business Standard, said.
It further said there is a clear default on the part of the
Corporate Guarantor (Tulip Hotels) to clear the outstanding due.
"We are of the view that the Adjudicating Authority has rightly
admitted the Section 7 application for initiation of the CIRP
process after coming to the correct conclusion that Respondent No 1
(financial creditor) has successfully proved the financial debt and
default on part of the Corporate Debtor as Corporate Guarantor.
"We see no reason to interfere in the impugned order passed by the
Adjudicating Authority. The appeal is accordingly dismissed," said
the NCLAT order.
Tulip Hotels had contended that it was not related to both the
defaulters and have not received any funds from them, Business
Standard adds.
UNIMACTS INDIA: Voluntary Liquidation Process Case Summary
----------------------------------------------------------
Debtor: Unimacts India Private Limited
Flat No 303, 3rd Floor
Hemkunt Chamber No. 89
Nehru Place, South Delhi, India 110019
Liquidation Commencement Date: March 26, 2024
Court: National Company Law Tribunal, New Delhi Bench
Liquidator: Akhilesh Kumar Gupta
A-16/9, Vasant Vihar
New Delhi 110057, India
Email: UPL.VL@LLCA.NET
Tel: +91 11 42591800
Last date for
submission of claims: April 25, 2024
ZASS RUBBER: Voluntary Liquidation Process Case Summary
-------------------------------------------------------
Debtor: Zass Rubber Products Private Limited
A-277, 6th Main, Ilnd Stage
Peenya Industrial Estate
Bengaluru 560058
Karnataka, India
Liquidation Commencement Date: March 31, 2024
Court: National Company Law Tribunal, Bengaluru Bench
Liquidator: Pramod Srihair
#16-1/2, 1+th B Cross
Jayanagar 3rd Block
Bengaluru 560011
Email: pramod@capad.in
Tel No: 080 41607277
Last date for
submission of claims: April 30, 2024
=====================
N E W Z E A L A N D
=====================
DRI-FIT ROOFING: Creditors' Proofs of Debt Due on May 2
-------------------------------------------------------
Creditors of Dri-Fit Roofing Limited are required to file their
proofs of debt by May 2, 2024, to be included in the company's
dividend distribution.
The company commenced wind-up proceedings on March 31, 2024.
The company's liquidator is:
Mohammed Tazleen Nasib Jan
Liquidation Management Limited
PO Box 50683
Porirua 5240
HUA RESTAURANT: Owner Told to Pay NZD90,000 for Breaches
--------------------------------------------------------
Stuff.co.nz reports that the former owner of a liquidated Auckland
restaurant has been told to pay more than NZD90,000 for breaches of
employment law.
Honglu Shao worked as a chef on a visa that tied him to working for
BDIT, which traded as Hua Restaurant, with branches in Newmarket
and Albany.
The business went into liquidation in 2020, Stuff recalls.
But Labour Inspector Natasha Cevenska Georgieva said Shen Yuan, the
director of BDIT and his wife, Linlin Sun, should be held
personally liable for wages and leave entitlements the company owed
Shao, and penalties for breaches of employment standards during his
employment, Stuff relates.
According to Stuff, Yuan disputed her claim that there had been
shortfalls in paying the minimum wage and entitlements for annual
leave and public holidays.
But there were concerns about the business's records - Yuan said
some physical records were stuck in the Newmarket premises which he
could not access because the landlord had locked him out due to
unpaid rent, and he said an iPad was stolen from his Albany
premises.
The authenticity of handwritten records that were offered from
April 2020 were questioned.
Yuan accepted he received a "premium" of about NZD21,000 from Shao
to secure the job but said he repaid it to Shao shortly before he
resigned, Stuff relays.
He said the business had struggled after the Covid-19 lockdown with
fewer customers and reduced opening hours.
Stuff says the Employment Relations Authority told Yuan he must pay
the chef NZD43,943.42 in wages arrears, NZD21,000 as repayment for
the premium and NZD20,000 in penalties.
Sun is jointly and severally liable for payment of the wage arrears
and was ordered to pay NZD10,000 in penalties for her role in the
breaches.
Yuan and Sun must pay interest on the arrears. Yuan must also pay
interest on the premium repayment. The total amount the couple must
pay in wages arrears, the premium repayment and penalties is
NZD94,943, Stuff says.
Employment Relations Authority member Robin Arthur said Shao must
receive NZD9000 of the penalties due by Yuan and his wife.
It is the second time Yuan and his former restaurant business have
been sanctioned by the authority, according to Stuff.
In 2020 Yuan and BDIT were ordered to pay their head chef
NZD11,999.98 for outstanding wages.
Stuff adds Simon Humphries, head of the Labour Inspectorate, said
the fact Yuan had been ordered to repay the wages arrears and the
penalties in the latest authority determination, showed that even
if a business has been liquidated the owners could still be held
liable for breaches committed while the business was trading.
"Business owners and employers who have exploited vulnerable
workers cannot hide behind the fact that the business where
breaches of minimum employment standards were committed no longer
exists. The Labour Inspectorate will vigorously clamp down on those
who exploit vulnerable workers, even if they no longer own the
business where the exploitation took place."
He said the fact this was the second time Yuan had appeared before
the authority for similar breaches was concerning. "We would have
hoped he had learnt that not complying with minimum employment
standards can have serious consequences," Stuff relays.
Stuff relates that Mr. Humphries said the Labour Inspectorate would
continue to closely monitor for potential migrant worker
exploitation and take enforcement action when necessary.
"However, where we can and the breaches are minimal and
unintentional, we work with the employers and employees to educate
or resolve a complaint."
Arthur said while the breaches committed related to one employee
over a relatively short period, the chef was a visa-dependent
worker and thereby vulnerable to exploitation by such breaches. "He
also suffered extended periods where he did not receive the pay he
was entitled to receive."
LK TAO: Court to Hear Wind-Up Petition on May 10
------------------------------------------------
A petition to wind up the operations of LK Tao Limited will be
heard before the High Court at Auckland on May 10, 2024, at 10:45
a.m.
The Commissioner of Inland Revenue filed the petition against the
company on March 18, 2024.
The Petitioner's solicitor is:
Cloete Van Der Merwe
Inland Revenue, Legal Services
5 Osterley Way
Manukau City
Auckland 2104
MULTIPACK NZ: Grahame Ward Appointed as Administrator
-----------------------------------------------------
Grahame Ward of PKF Corporate on April 10, 2024, was appointed as
administrator of Multipack NZ Limited.
The administrator may be reached at:
c/o PKF Corporate
PO Box 3678
Auckland 1140
NAH LOGGING: Creditors' Proofs of Debt Due on May 27
----------------------------------------------------
Creditors of Nah Logging Limited are required to file their proofs
of debt by May 27, 2024, to be included in the company's dividend
distribution.
The High Court at Auckland appointed Iain Bruce Shephard and
Jessica Jane Kellow of BDO Wellington as liquidators of the company
on April 8, 2024.
ROBERTSON LOGGING: Court to Hear Wind-Up Petition on May 7
----------------------------------------------------------
A petition to wind up the operations of Robertson Logging &
Contracting Limited will be heard before the High Court at Rotorua
on May 7, 2024, at 10:00 a.m.
Cashmore Contracting (2014) Limited filed the petition against the
company on March 20, 2024.
The Petitioner's solicitor is:
Brittany Jane Gibson
Level 3, Wairere House
Corner Somme Parade & Bates Street
Whanganui
WOODWARD GROUP: Wishbone Owes More than NZD6.8MM, Report Shows
--------------------------------------------------------------
Otago Daily Times reports that national cafe chain Wishbone, which
had an outlet at Dunedin Hospital, owes creditors more than NZD6.8
million, the liquidator's six-month report shows.
Mohammed Jan, of Liquidation Management, was appointed to The
Woodward Group, a holding company used to trade the business, in
August last year by special resolution of shareholders.
Wishbone, a pre-made food manufacturer and retailer, was the
brainchild of Andrea Gibson Scarlett and her husband Shayne
Scarlett, who started the business in Wellington in 1999.
It had 17 stores, mostly in Wellington, Auckland, Christchurch and
Dunedin, with about 110 staff. It also sold pre-made meal packs to
more than 60 supermarkets and had a fledgling motel/hotel trade.
In the report, Mr. Jan said the company managed to survive two
Covid-19 lockdowns, including obtaining wage subsidies and
creditors' support, ODT relays.
According to ODT, the directors had stated the company failed due
to a decline in sales in the retail stores due to the new hybrid
work-from-home model.
However, inflation, recession, wages and increased costs of goods
affected it immensely. The company had also incurred significant
tax and creditors' debt and was not in a position to trade out.
Some suppliers had stopped credit while others had reduced their
credit limits, which made it "incredibly difficult" to obtain
supplies, the report says. The directors tried to keep the business
afloat by investing more capital but ran out of cashflow and funds
and the company tried to get investors, but to no avail, his report
said.
Late last year, BNZ was not willing to continue to support the
company funding and another private investor refinanced the loans,
ODT recalls. After advice from their accountant, shareholders
placed the company into liquidation.
According to ODT, the liquidator received 26 inquiries from
prospective buyers of the company, factory and individual outlets.
He reviewed offers and expressions of interest but was not
successful in selling the business.
Company plant and equipment were sold via a public auction while
some chattels remained unsold at storage in Dunedin and would be
separately sold via auction. There were also some vehicles to be
sold. Total assets at this stage totalled NZD452,189.
Inland Revenue has filed a preferential claim of NZD462,640, while
preferential claims have been received from 86 staff of NZD339,961,
Stuff discloses. The liquidator had received 61 unsecured creditor
claims totalling nearly NZD1.9 million while it also had three
secured creditors claims of more than NZD4.1 million.
At this stage, it was not possible to provide an estimated date for
the completion of the liquidation, nor was it possible to provide a
definitive statement as to whether certain transactions would be
clawed back for the purposes of making payment to any class of
creditor. Any prospect of a distribution to the creditors was
dependent on the quantum of the recovery of the sale of assets, he
said.
The Woodward Group Limited commenced wind-up proceedings on Aug.
14, 2023.
=================
S I N G A P O R E
=================
G8 JAPAN: Creditors' Proofs of Debt Due on May 13
-------------------------------------------------
Creditors of G8 Japan Holding Pte. Limited, G9 Japan I Pte. Ltd.,
G9 Japan V Pte. Ltd., G9 Japan VI Pte. Ltd., and G9 Japan XI Pte.
Ltd. are required to file their proofs of debt by May 13, 2024, to
be included in the company's dividend distribution.
The company commenced wind-up proceedings on April 5, 2024.
The company's liquidators are:
Toh Ai Ling
Chan Kwong Shing, Adrian
Tan Yen Chiaw
c/o 12 Marina View #15-01
Asia Square Tower 2
Singapore 018961
HATSUGA ENTERPRISE: Court Enters Wind-Up Order
----------------------------------------------
The High Court of Singapore entered an order on April 5, 2024, to
wind up the operations of Hatsuga Enterprise Pte. Ltd.
M2 Group Pte Ltd filed the petition against the company.
The company's liquidators are:
Mr. Wong Joo Wan
Ms. Tina Phan Mei Ting
Alternative Advisors Pte Ltd
1 Commonwealth Lane
#06-21 One Commonwealth
Singapore 149544
M NATURE: Court Enters Wind-Up Order
------------------------------------
The High Court of Singapore entered an order on April 5, 2024, to
wind up the operations of M Nature Pte. Ltd.
M2 Group Pte Ltd filed the petition against the company.
The company's liquidators are:
Mr. Wong Joo Wan
Ms. Tina Phan Mei Ting
Alternative Advisors Pte Ltd
1 Commonwealth Lane
#06-21 One Commonwealth
Singapore 149544
M PLUS: Court Enters Wind-Up Order
----------------------------------
The High Court of Singapore entered an order on April 5, 2024, to
wind up the operations of M Plus Hair Pte. Ltd.
M2 Group Pte Ltd filed the petition against the company.
The company's liquidators are:
Mr. Wong Joo Wan
Ms. Tina Phan Mei Ting
Alternative Advisors Pte Ltd
1 Commonwealth Lane
#06-21 One Commonwealth
Singapore 149544
MONSOON HAIR: Court Enters Wind-Up Order
----------------------------------------
The High Court of Singapore entered an order on April 5, 2024, to
wind up the operations of Monsoon Hair House Pte. Ltd.
M2 Group Pte Ltd filed the petition against the company.
The company's liquidators are:
Mr. Wong Joo Wan
Ms. Tina Phan Mei Ting
Alternative Advisors Pte Ltd
1 Commonwealth Lane
#06-21 One Commonwealth
Singapore 149544
===============
X X X X X X X X
===============
[*] BOND PRICING: For the Week April 8, 2024 to April 12, 2024
--------------------------------------------------------------
Issuer Coupon Maturity Currency Price
------ ------ -------- -------- -----
AUSTRALIA
---------
ACN 113 874 712 PTY L 13.25 02/15/18 USD 0.20
ACN 113 874 712 PTY L 13.25 02/15/18 USD 0.20
MOSAIC BRANDS LTD 8.00 09/30/24 AUD 0.91
VIRGIN AUSTRALIA HOLD 8.13 11/15/24 USD 0.05
VIRGIN AUSTRALIA HOLD 8.00 11/26/24 AUD 0.15
VIRGIN AUSTRALIA HOLD 8.13 11/15/24 USD 0.25
VIRGIN AUSTRALIA HOLD 8.25 05/30/23 AUD 0.38
VIRGIN AUSTRALIA HOLD 8.08 03/05/24 AUD 0.58
VIRGIN AUSTRALIA HOLD 7.88 10/15/21 USD 0.72
VIRGIN AUSTRALIA HOLD 7.88 10/15/21 USD 0.72
CHINA
-----
AKESU TEXTILE CITY DE 7.50 06/21/24 CNY 20.19
AKESU TEXTILE CITY DE 7.50 06/21/24 CNY 20.20
ALETAI CITY JUJIN URB 7.73 10/26/24 CNY 25.67
ANHUI PINGTIANHU INVE 7.50 08/13/26 CNY 60.00
ANHUI PINGTIANHU INVE 7.50 08/13/26 CNY 62.75
ANLU CONSTRUCTION DEV 7.80 11/28/26 CNY 60.00
ANLU CONSTRUCTION DEV 7.80 11/28/26 CNY 64.63
ANNING DEVELOPMENT IN 8.80 09/11/25 CNY 39.00
ANNING DEVELOPMENT IN 8.00 12/04/25 CNY 40.00
ANNING DEVELOPMENT IN 8.80 09/11/25 CNY 42.10
ANNING DEVELOPMENT IN 8.00 12/04/25 CNY 42.22
ANSHANG WANGTONG CONS 7.50 05/06/26 CNY 60.30
ANSHANG WANGTONG CONS 7.50 05/06/26 CNY 62.79
ANSHUN CITY XIXIU IND 8.00 01/29/26 CNY 41.45
ANSHUN CITY XIXIU IND 7.90 11/15/25 CNY 42.16
ANSHUN CITY XIXIU IND 8.00 01/29/26 CNY 42.60
ANSHUN TRANSPORTATION 7.50 10/31/24 CNY 20.30
ANSHUN TRANSPORTATION 7.50 10/31/24 CNY 20.52
ANYUE XINGAN CITY DEV 7.50 01/30/25 CNY 20.72
ANYUE XINGAN CITY DEV 7.50 01/30/25 CNY 20.72
ANYUE XINGAN CITY DEV 7.50 05/06/26 CNY 62.10
ANYUE XINGAN CITY DEV 7.50 05/06/26 CNY 62.77
BIJIE CITY ANFANG CON 7.80 01/18/26 CNY 42.14
BIJIE CITY ANFANG CON 7.80 01/18/26 CNY 42.46
BIJIE QIXINGGUAN DIST 7.60 09/08/24 CNY 19.95
BIJIE QIXINGGUAN DIST 7.60 09/08/24 CNY 20.40
BIJIE QIXINGGUAN DIST 8.05 08/16/25 CNY 40.62
BIJIE TIANHE URBAN CO 8.05 12/03/25 CNY 41.40
BIJIE TIANHE URBAN CO 8.05 12/03/25 CNY 42.22
BIJIE XINTAI INVESTME 7.80 11/01/24 CNY 20.30
CAOXIAN SHANG DU INVE 7.80 10/28/26 CNY 64.25
CAOXIAN SHANG DU INVE 7.80 10/28/26 CNY 64.40
CHANGDE DEYUAN INVEST 7.70 06/11/25 CNY 41.28
CHANGDE DEYUAN INVEST 7.70 06/11/25 CNY 41.29
CHANGDE DINGCHENG JIA 7.58 10/19/25 CNY 41.79
CHANGDE DINGCHENG JIA 7.58 10/19/25 CNY 41.79
CHENGDU GARDEN WATER 7.50 09/11/24 CNY 20.35
CHENGDU GARDEN WATER 7.50 09/11/24 CNY 20.40
CHENGDU GARDEN WATER 8.00 06/13/25 CNY 40.00
CHENGDU GARDEN WATER 8.00 06/13/25 CNY 41.08
CHISHUI CITY CONSTRUC 8.50 01/18/26 CNY 41.75
CHISHUI CITY CONSTRUC 8.50 01/18/26 CNY 41.92
CHONGQING HONGYE INDU 7.50 12/24/26 CNY 64.40
CHONGQING JIANGLAI IN 7.50 10/26/25 CNY 40.00
CHONGQING JIANGLAI IN 7.50 10/26/25 CNY 41.91
CHONGQING NANCHUAN CI 7.80 08/06/26 CNY 62.66
CHONGQING SHUANGFU CO 7.50 09/09/26 CNY 63.10
CHONGQING THREE GORGE 7.80 03/01/26 CNY 40.00
CHONGQING THREE GORGE 7.80 03/01/26 CNY 42.70
CHONGQING TONGRUI AGR 7.50 09/18/26 CNY 60.00
CHONGQING TONGRUI AGR 7.50 09/18/26 CNY 63.72
CHONGQING WANSHENG EC 7.50 03/27/25 CNY 40.73
CHONGQING WANSHENG EC 7.50 03/27/25 CNY 40.86
CHONGQING YUDIAN STAT 8.00 11/30/25 CNY 42.25
CHUYING AGRO-PASTORA 8.80 06/26/19 CNY 20.00
DALI URBAN DEVELOPMEN 8.00 12/25/25 CNY 41.40
DALI URBAN DEVELOPMEN 8.00 12/25/25 CNY 42.37
DASHIQIAO URBAN CONST 7.59 08/14/24 CNY 20.34
DASHIQIAO URBAN CONST 7.59 08/14/24 CNY 20.34
DAWA COUNTY CITY CONS 7.80 01/30/26 CNY 38.80
DAWA COUNTY CITY CONS 7.80 01/30/26 CNY 42.42
DAWU COUNTY URBAN CON 7.50 09/20/26 CNY 60.00
DAWU COUNTY URBAN CON 7.50 09/20/26 CNY 62.94
DING NAN CITY CONSTRU 7.80 04/08/26 CNY 60.00
DING NAN CITY CONSTRU 7.80 04/08/26 CNY 62.81
DUJIANGYAN NEW CITY C 7.80 05/02/25 CNY 40.00
DUJIANGYAN NEW CITY C 7.80 05/02/25 CNY 41.09
DUJIANGYAN NEW CITY C 7.80 10/11/25 CNY 41.60
DUJIANGYAN NEW CITY C 7.80 10/11/25 CNY 41.89
DUJIANGYAN XINGYAN IN 7.50 11/01/26 CNY 63.89
FANGCHENG GANGSHI WEN 7.95 10/11/25 CNY 40.00
FANGCHENG GANGSHI WEN 7.93 12/25/25 CNY 40.00
FANGCHENG GANGSHI WEN 7.95 10/11/25 CNY 42.17
FANGCHENG GANGSHI WEN 7.93 12/25/25 CNY 42.25
FANTASIA GROUP CHINA 7.80 06/30/28 CNY 44.53
FANTASIA GROUP CHINA 7.50 12/17/23 CNY 73.70
FUJIAN FUSHENG GROUP 7.90 11/19/21 CNY 60.00
FUJIAN FUSHENG GROUP 7.90 12/17/21 CNY 70.99
FUZHOU LINCHUAN URBAN 8.00 02/26/26 CNY 42.74
GANZHOU NANKANG DISTR 8.00 09/27/25 CNY 40.00
GANZHOU NANKANG DISTR 8.00 10/29/25 CNY 40.00
GANZHOU NANKANG DISTR 8.00 01/23/26 CNY 40.00
GANZHOU NANKANG DISTR 8.00 09/27/25 CNY 41.65
GANZHOU NANKANG DISTR 8.00 10/29/25 CNY 42.07
GANZHOU NANKANG DISTR 8.00 01/23/26 CNY 42.52
GANZHOU ZHANGGONG CON 7.80 10/16/25 CNY 42.01
GANZHOU ZHANGGONG CON 7.80 10/16/25 CNY 42.68
GAOQING LU QING ASSET 7.50 09/27/24 CNY 20.46
GAOQING LU QING ASSET 7.50 09/27/24 CNY 20.47
GOME APPLIANCE CO LTD 7.80 12/21/24 CNY 37.00
GUANGAN XINHONG INVES 7.50 06/03/26 CNY 63.04
GUANGAN XINHONG INVES 7.50 06/03/26 CNY 63.09
GUANGDONG PEARL RIVER 7.50 10/26/26 CNY 74.23
GUANGXI BAISE EXPERIM 7.59 01/08/26 CNY 39.39
GUANGXI BAISE EXPERIM 7.60 12/24/25 CNY 40.00
GUANGXI BAISE EXPERIM 7.60 12/24/25 CNY 42.11
GUANGXI BAISE EXPERIM 7.59 01/08/26 CNY 42.20
GUANGXI CHONGZUO URBA 8.50 09/26/25 CNY 41.94
GUANGXI CHONGZUO URBA 8.50 09/26/25 CNY 42.05
GUANGXI NINGMING HUIN 8.50 12/07/25 CNY 41.82
GUANGXI NINGMING HUIN 8.50 11/05/26 CNY 63.12
GUANGXI NINGMING HUIN 8.50 11/05/26 CNY 64.94
GUANGXI TIANDONG COUN 7.50 06/04/27 CNY 45.00
GUANGYUAN CITY DEVELO 7.50 10/25/27 CNY 37.44
GUANGYUAN YUANQU CONS 7.50 10/30/26 CNY 60.00
GUANGYUAN YUANQU CONS 7.50 12/23/26 CNY 60.00
GUANGYUAN YUANQU CONS 7.50 10/30/26 CNY 62.62
GUANGYUAN YUANQU CONS 7.50 12/23/26 CNY 64.35
GUANGZHOU FINELAND RE 13.60 07/27/23 USD 15.63
GUCHENG CONSTRUCTION 7.88 04/27/25 CNY 40.00
GUCHENG CONSTRUCTION 7.88 04/27/25 CNY 41.07
GUIXI STATE OWNED HOL 7.50 09/17/26 CNY 63.42
GUIXI STATE OWNED HOL 7.50 09/17/26 CNY 63.70
GUIYANG BAIYUN INDUST 8.30 03/21/25 CNY 20.00
GUIYANG BAIYUN INDUST 8.30 03/21/25 CNY 21.00
GUIYANG BAIYUN INDUST 7.50 03/06/26 CNY 41.40
GUIYANG BAIYUN INDUST 7.50 03/06/26 CNY 42.42
GUIYANG ECONOMIC DEVE 7.90 10/29/25 CNY 40.59
GUIYANG ECONOMIC DEVE 7.90 10/29/25 CNY 41.98
GUIYANG ECONOMIC DEVE 7.50 04/30/26 CNY 61.55
GUIYANG ECONOMIC TECH 7.80 04/30/26 CNY 62.67
GUIYANG ECONOMIC TECH 7.80 04/30/26 CNY 62.93
GUIYANG GUANSHANHU IN 8.20 04/30/24 CNY 40.16
GUIYANG HI-TECH HOLDI 8.00 11/25/26 CNY 60.27
GUIYANG HI-TECH HOLDI 8.00 11/25/26 CNY 62.68
GUIZHOU CHANGSHUN COU 8.50 03/19/26 CNY 40.00
GUIZHOU CHANGSHUN COU 8.50 03/19/26 CNY 43.10
GUIZHOU EAST LAKE CIT 8.00 12/07/25 CNY 41.11
GUIZHOU EAST LAKE CIT 8.00 12/07/25 CNY 42.23
GUIZHOU GUIAN DEVELOP 7.60 04/26/25 CNY 6.92
GUIZHOU HONGGUO ECONO 7.80 11/24/24 CNY 10.50
GUIZHOU HONGGUO ECONO 7.80 02/08/25 CNY 20.20
GUIZHOU HONGGUO ECONO 7.80 11/24/24 CNY 20.61
GUIZHOU JINFENGHUANG 7.60 08/19/26 CNY 63.57
GUIZHOU RAILWAY INVES 7.50 04/23/24 CNY 15.04
GUIZHOU SHUICHENG ECO 7.50 10/26/25 CNY 19.50
GUIZHOU SHUICHENG ECO 7.50 10/26/25 CNY 41.84
GUIZHOU SHUICHENG WAT 8.00 11/27/25 CNY 41.75
GUIZHOU SHUICHENG WAT 8.00 11/27/25 CNY 42.04
GUIZHOU XINDONGGUAN C 7.70 09/05/24 CNY 19.95
GUIZHOU XINDONGGUAN C 7.70 09/05/24 CNY 20.26
GUIZHOU ZHONGSHAN DEV 8.00 03/18/29 CNY 70.00
HAIAN URBAN DEMOLITIO 7.74 05/02/25 CNY 40.96
HAIAN URBAN DEMOLITIO 8.00 12/21/25 CNY 42.07
HENGYANG CITY AND URB 7.50 09/22/24 CNY 20.43
HENGYANG CITY AND URB 7.50 09/22/24 CNY 20.44
HENGYANG CITY AND URB 7.80 12/14/24 CNY 20.67
HENGYANG CITY AND URB 7.80 12/14/24 CNY 20.67
HONGAN URBAN DEVELOPM 7.50 12/04/24 CNY 20.00
HONGAN URBAN DEVELOPM 7.50 12/04/24 CNY 20.60
HUAINAN SHAN NAN DEVE 7.94 04/01/26 CNY 60.00
HUAINAN SHAN NAN DEVE 7.94 04/01/26 CNY 62.95
HUAINAN URBAN CONSTRU 7.50 03/20/25 CNY 20.00
HUAINAN URBAN CONSTRU 7.50 03/20/25 CNY 20.88
HUAINAN URBAN CONSTRU 7.58 02/12/26 CNY 42.51
HUBEI DAYE LAKE HIGH- 7.50 04/01/26 CNY 62.00
HUBEI DAYE LAKE HIGH- 7.50 04/01/26 CNY 62.12
HUBEI JIAKANG CONSTRU 7.80 12/19/25 CNY 41.84
HUBEI YILING ECONOMIC 7.50 03/28/26 CNY 60.00
HUBEI YILING ECONOMIC 7.50 12/02/26 CNY 62.05
HUBEI YILING ECONOMIC 7.50 03/28/26 CNY 62.60
HUNAN CHUZHISHENG HOL 7.50 03/27/26 CNY 60.00
HUNAN CHUZHISHENG HOL 7.50 03/27/26 CNY 62.65
HUNAN MEISHAN RESOURC 8.00 03/21/26 CNY 40.00
HUNAN MEISHAN RESOURC 8.00 03/21/26 CNY 42.89
HUNAN TIANYI RONGTONG 7.50 09/17/25 CNY 41.44
HUNAN TIANYI RONGTONG 8.00 10/24/25 CNY 41.70
HUNAN TIANYI RONGTONG 8.00 10/24/25 CNY 42.03
HUNAN XUANDA CONSTRUC 7.50 01/24/26 CNY 40.00
HUNAN XUANDA CONSTRUC 7.50 01/23/26 CNY 40.00
HUNAN XUANDA CONSTRUC 7.50 01/23/26 CNY 42.34
HUNAN XUANDA CONSTRUC 7.50 01/24/26 CNY 42.34
HUZHOU NEW CITY INVES 7.50 11/23/24 CNY 20.00
HUZHOU NEW CITY INVES 7.50 11/23/24 CNY 20.60
HUZHOU WUXING NANTAIH 7.90 09/20/25 CNY 41.86
JIA COUNTY DEVELOPMEN 7.50 01/21/27 CNY 58.00
JIA COUNTY DEVELOPMEN 7.50 01/21/27 CNY 64.23
JIAHE ZHUDU DEVELOPME 7.50 03/13/25 CNY 20.00
JIAHE ZHUDU DEVELOPME 7.50 03/13/25 CNY 20.85
JIANGSU YANGKOU PORT 7.60 08/17/25 CNY 41.61
JIANGSU YANGKOU PORT 7.60 08/17/25 CNY 42.50
JIANGXI HUANGGANGSHAN 7.90 10/08/25 CNY 41.52
JIANGXI HUANGGANGSHAN 7.90 10/08/25 CNY 41.99
JIANGXI HUANGGANGSHAN 7.90 01/25/26 CNY 42.55
JIANGXI JIHU DEVELOPM 7.50 04/10/25 CNY 40.00
JIANGXI JIHU DEVELOPM 7.50 04/10/25 CNY 40.89
JIANGYOU XINGYI PARKI 7.80 12/17/25 CNY 51.49
JIANLI FENGYUAN CITY 7.50 01/14/26 CNY 40.00
JIANLI FENGYUAN CITY 7.50 01/14/26 CNY 42.28
JILIN ECONOMY TECHNOL 8.00 03/26/28 CNY 63.73
JILIN ECONOMY TECHNOL 8.00 03/26/28 CNY 67.65
JINGDEZHEN CERAMIC CU 7.50 08/27/25 CNY 41.50
JINGDEZHEN CERAMIC CU 7.50 08/27/25 CNY 41.69
JINING NEW CITY DEVEL 7.60 03/23/25 CNY 20.00
JINING NEW CITY DEVEL 7.60 03/23/25 CNY 20.85
JINXIANG COUNTY CITY 7.50 03/20/26 CNY 40.92
JINXIANG COUNTY CITY 7.50 03/20/26 CNY 42.56
JINZHOU CIHANG GROUP 9.00 04/05/20 CNY 33.63
JUNAN COUNTY URBAN CO 7.50 09/26/24 CNY 20.33
JUNAN COUNTY URBAN CO 7.50 09/26/24 CNY 20.44
KAIDI ECOLOGICAL AND 8.50 11/21/18 CNY 72.46
LAOHEKOU CITY CONSTRU 7.50 06/09/24 CNY 70.38
LETING INVESTMENT GRO 7.50 04/11/26 CNY 59.80
LETING INVESTMENT GRO 7.50 04/11/26 CNY 62.66
LIJIN CITY CONSTRUCTI 7.50 12/20/25 CNY 40.00
LIJIN CITY CONSTRUCTI 7.50 12/20/25 CNY 42.11
LIJIN CITY CONSTRUCTI 7.50 04/26/26 CNY 60.00
LIJIN CITY CONSTRUCTI 7.50 04/26/26 CNY 62.80
LINFEN YAODU DISTRICT 7.50 09/19/25 CNY 41.73
LINYI COUNTY CITY DEV 7.78 03/21/25 CNY 20.00
LINYI COUNTY CITY DEV 7.78 03/21/25 CNY 20.95
LINYI ZHENDONG CONSTR 7.50 11/26/25 CNY 41.97
LINYI ZHENDONG CONSTR 7.50 12/06/25 CNY 42.03
LIUPANSHUI AGRICULTUR 8.00 04/26/27 CNY 73.97
LIUZHOU LONGJIAN INVE 8.28 04/30/24 CNY 14.95
LIUZHOU LONGJIAN INVE 8.28 04/30/24 CNY 15.06
LONGNAN ECO&TECH DEVE 7.50 07/26/26 CNY 63.12
LUANCHUAN COUNTY TIAN 8.50 01/23/26 CNY 40.00
LUANCHUAN COUNTY TIAN 8.50 01/23/26 CNY 42.54
LUOHE ECONOMIC DEVELO 7.50 12/18/25 CNY 42.03
LUOHE ECONOMIC DEVELO 7.50 12/18/25 CNY 42.03
LUOYANG XIYUAN STATE- 7.80 01/29/26 CNY 40.92
LUOYANG XIYUAN STATE- 7.50 11/15/25 CNY 41.48
LUOYANG XIYUAN STATE- 7.50 11/15/25 CNY 41.58
LUOYANG XIYUAN STATE- 7.80 01/29/26 CNY 41.89
MAANSHAN NINGBO INVES 7.50 04/18/26 CNY 24.00
MAANSHAN NINGBO INVES 7.80 11/29/25 CNY 41.85
MAANSHAN NINGBO INVES 7.80 11/29/25 CNY 42.10
MAANSHAN NINGBO INVES 7.50 04/18/26 CNY 62.68
MEISHAN CITY DONGPO D 8.08 08/16/25 CNY 40.00
MEISHAN CITY DONGPO D 8.00 01/03/26 CNY 40.00
MEISHAN CITY DONGPO D 8.08 08/16/25 CNY 41.66
MEISHAN CITY DONGPO D 8.00 01/03/26 CNY 42.35
MEISHAN HONGSHUN PARK 7.50 12/10/25 CNY 52.47
MENGZHOU INVESTMENT A 8.00 09/03/25 CNY 40.00
MENGZHOU INVESTMENT A 8.00 11/06/25 CNY 40.00
MENGZHOU INVESTMENT A 8.00 09/03/25 CNY 41.73
MENGZHOU INVESTMENT A 8.00 11/06/25 CNY 42.06
MENGZI CITY DEVELOPME 7.65 09/25/24 CNY 20.32
MENGZI CITY DEVELOPME 7.65 09/25/24 CNY 20.44
MENGZI CITY DEVELOPME 8.00 03/25/26 CNY 41.50
MENGZI CITY DEVELOPME 8.00 03/25/26 CNY 42.79
MIAN YANG ECONOMIC DE 8.20 03/15/26 CNY 40.00
MIAN YANG ECONOMIC DE 8.20 03/15/26 CNY 42.84
MIAN YANG ECONOMIC DE 8.00 09/29/26 CNY 60.00
MIAN YANG ECONOMIC DE 8.00 09/29/26 CNY 64.17
MIANYANG ANZHOU INVES 8.10 11/22/25 CNY 40.00
MIANYANG ANZHOU INVES 8.10 05/04/25 CNY 41.15
MIANYANG ANZHOU INVES 8.10 05/04/25 CNY 41.18
MIANYANG ANZHOU INVES 8.10 11/22/25 CNY 41.87
MIANYANG ANZHOU INVES 7.90 11/25/26 CNY 60.00
MIANYANG ANZHOU INVES 7.90 11/25/26 CNY 64.59
MIANYANG HUIDONG INVE 8.10 02/10/25 CNY 20.90
MIANYANG HUIDONG INVE 8.10 04/28/25 CNY 41.16
MIANZHU CITY JINSHEN 7.87 12/18/25 CNY 41.94
MIANZHU CITY JINSHEN 7.87 12/18/25 CNY 42.26
MILE AGRICULTURAL INV 8.00 10/25/25 CNY 41.60
MILE AGRICULTURAL INV 8.00 10/25/25 CNY 42.02
MILE AGRICULTURAL INV 7.60 02/27/26 CNY 42.44
MUDANJIANG LONGSHENG 7.50 09/27/25 CNY 41.68
NANCHONG JIALING DEVE 7.80 12/12/24 CNY 20.67
NANCHONG JIALING DEVE 7.80 12/12/24 CNY 20.67
NANCHONG JIALING DEVE 7.98 05/23/25 CNY 40.00
NANCHONG JIALING DEVE 7.98 05/23/25 CNY 41.24
NANJING JIANGNING ECO 7.94 04/14/24 CNY 15.02
NEOGLORY HOLDING GROU 8.00 10/22/20 CNY 56.00
NEOGLORY HOLDING GROU 8.00 09/25/20 CNY 60.00
NEOGLORY HOLDING GROU 8.10 11/23/18 CNY 72.00
NINGXIA SHENG YAN IND 7.50 09/27/28 CNY 42.45
PANJIN CITY SHUANGTAI 8.70 12/20/25 CNY 42.64
PANJIN CITY SHUANGTAI 8.70 12/20/25 CNY 42.64
PANJIN CITY SHUANGTAI 8.50 01/29/26 CNY 42.73
PANJIN CITY SHUANGTAI 8.50 01/29/26 CNY 42.74
PANJIN LIAODONGWAN ZH 7.50 12/28/26 CNY 64.37
PEIXIAN ECONOMIC DEVE 7.51 11/04/26 CNY 60.00
PEIXIAN ECONOMIC DEVE 7.51 11/04/26 CNY 64.15
PENGSHAN DEVELOPMENT 7.98 05/03/25 CNY 41.19
PENGSHAN DEVELOPMENT 7.98 05/03/25 CNY 41.59
PENGZE CITY DEVELOPME 7.60 08/31/25 CNY 41.54
PENGZE CITY DEVELOPME 7.60 08/31/25 CNY 41.58
PINGLIANG CHENGXIANG 7.80 03/29/26 CNY 62.35
PINGLIANG CHENGXIANG 7.80 03/29/26 CNY 62.72
PUDING YELANG STATE-O 7.79 11/13/24 CNY 20.31
PUDING YELANG STATE-O 8.00 03/13/25 CNY 20.44
PUDING YELANG STATE-O 8.00 03/13/25 CNY 20.70
PUER CITY SI MAO GUO 7.50 03/14/26 CNY 40.00
PUER CITY SI MAO GUO 7.50 03/14/26 CNY 42.51
QIANDONGNAN TRANSPORT 8.00 01/15/27 CNY 65.05
QIANDONGNAN TRANSPORT 8.00 01/15/27 CNY 65.05
QIANNANZHOU INVESTMEN 8.00 01/02/26 CNY 41.40
QIANNANZHOU INVESTMEN 8.00 01/02/26 CNY 42.38
QINGHAI PROVINCIAL IN 7.88 03/22/21 USD 1.39
QINGZHEN CITY CONSTRU 7.50 03/18/26 CNY 42.49
QINGZHEN CITY CONSTRU 7.50 03/18/26 CNY 42.49
QINGZHOU HONGYUAN PUB 7.60 06/17/27 CNY 64.41
QINZHOU BINHAI NEW CI 7.70 08/15/26 CNY 63.71
QINZHOU BINHAI NEW CI 7.70 08/15/26 CNY 63.71
QUJING CITY QILIN DIS 8.50 01/21/26 CNY 40.00
QUJING CITY QILIN DIS 8.50 01/21/26 CNY 42.73
RENHUAI WATER INVESTM 7.98 02/24/25 CNY 20.72
RENHUAI WATER INVESTM 8.00 12/26/25 CNY 38.85
RENHUAI WATER INVESTM 7.98 07/26/25 CNY 41.53
RUCHENG SHUNXING INVE 7.50 01/07/26 CNY 40.00
RUCHENG SHUNXING INVE 7.50 01/07/26 CNY 42.22
RUDONG NEW WORLD INVE 7.50 12/06/26 CNY 60.00
RUDONG NEW WORLD INVE 7.50 12/06/26 CNY 64.28
RUILI RENLONG INVESTM 8.00 09/20/26 CNY 62.89
SHAANXI XIYUE HUASHAN 7.50 12/27/26 CNY 61.80
SHAANXI XIYUE HUASHAN 7.50 12/27/26 CNY 62.76
SHANDONG HONGHE HOLDI 7.50 01/29/26 CNY 41.80
SHANDONG HONGHE HOLDI 7.50 01/29/26 CNY 41.99
SHANDONG OCEAN CULTUR 7.50 03/28/26 CNY 61.95
SHANDONG OCEAN CULTUR 7.50 04/25/26 CNY 62.09
SHANDONG RENCHENG RON 7.50 01/23/26 CNY 41.77
SHANDONG RUYI TECHNOL 7.90 09/18/23 CNY 52.10
SHANDONG SANXING GROU 7.90 08/30/24 CNY 58.00
SHANDONG URBAN CAPITA 7.50 04/12/26 CNY 60.00
SHANDONG URBAN CAPITA 7.50 04/12/26 CNY 62.67
SHANGLI INVESTMENT CO 7.80 01/22/26 CNY 40.49
SHANGLI INVESTMENT CO 7.50 06/01/25 CNY 40.96
SHANGLI INVESTMENT CO 7.50 06/01/25 CNY 41.15
SHANGLI INVESTMENT CO 7.80 01/22/26 CNY 42.23
SHANGRAO GUANGXIN URB 7.95 07/24/25 CNY 41.54
SHANGRAO GUANGXIN URB 7.95 07/24/25 CNY 41.54
SHANXI JINZHONG STATE 7.50 05/05/26 CNY 62.73
SHAOYANG SAISHUANGQIN 8.00 11/28/25 CNY 40.00
SHAOYANG SAISHUANGQIN 8.00 11/28/25 CNY 42.22
SHEHONG STATE OWNED A 7.60 10/22/25 CNY 21.41
SHEHONG STATE OWNED A 7.60 10/22/25 CNY 40.00
SHEHONG STATE OWNED A 7.50 08/22/25 CNY 40.00
SHEHONG STATE OWNED A 7.60 10/25/25 CNY 40.00
SHEHONG STATE OWNED A 7.50 08/22/25 CNY 41.60
SHEHONG STATE OWNED A 7.60 10/25/25 CNY 41.95
SHENWU ENVIRONMENTAL 9.00 03/14/19 CNY 12.00
SHEYANG URBAN CONSTRU 7.80 11/27/24 CNY 20.56
SHEYANG URBAN CONSTRU 7.80 11/27/24 CNY 20.61
SHIFANG CITY NATIONAL 8.00 12/05/25 CNY 40.00
SHIFANG CITY NATIONAL 8.00 12/05/25 CNY 42.26
SHIYAN CITY CHENGTOU 7.80 02/13/26 CNY 45.95
SHUANGYASHAN DADI CIT 8.50 04/30/26 CNY 63.40
SHUANGYASHAN DADI CIT 8.50 04/30/26 CNY 63.41
SHUANGYASHAN DADI CIT 8.50 08/26/26 CNY 64.37
SHUANGYASHAN DADI CIT 8.50 08/26/26 CNY 64.37
SHUANGYASHAN DADI CIT 8.50 12/16/26 CNY 65.29
SHUANGYASHAN DADI CIT 8.50 12/16/26 CNY 65.29
SHUOZHOU INVESTMENT C 7.50 10/23/25 CNY 41.60
SHUOZHOU INVESTMENT C 7.50 10/23/25 CNY 41.86
SHUOZHOU INVESTMENT C 7.80 12/25/25 CNY 42.20
SHUOZHOU INVESTMENT C 7.80 12/25/25 CNY 42.24
SICHUAN CHENG'A DEVEL 7.50 11/06/24 CNY 20.00
SICHUAN CHENG'A DEVEL 7.50 11/29/24 CNY 20.00
SICHUAN CHENG'A DEVEL 7.50 11/06/24 CNY 20.49
SICHUAN CHENG'A DEVEL 7.50 11/29/24 CNY 20.57
SICHUAN COAL INDUSTRY 7.70 01/09/18 CNY 45.00
SICHUAN LANGUANG DEVE 7.50 07/11/21 CNY 12.63
SICHUAN LANGUANG DEVE 7.50 08/12/21 CNY 12.63
SICHUAN LANGUANG DEVE 7.50 07/23/22 CNY 42.00
SIYANG JIADING INDUST 7.50 04/27/25 CNY 40.99
SIYANG JIADING INDUST 7.50 04/27/25 CNY 41.00
SIYANG JIADING INDUST 7.50 12/14/25 CNY 41.86
SIYANG JIADING INDUST 7.50 12/14/25 CNY 42.13
TAHOE GROUP CO LTD 8.50 08/02/21 CNY 4.00
TAHOE GROUP CO LTD 7.50 09/19/21 CNY 5.90
TAHOE GROUP CO LTD 7.50 10/10/20 CNY 5.90
TAHOE GROUP CO LTD 7.50 08/15/20 CNY 27.00
TAIXING CITY CHENGXIN 7.80 03/05/26 CNY 40.00
TAIXING CITY CHENGXIN 7.80 03/05/26 CNY 42.71
TAIXING CITY CHENGXIN 7.60 04/04/26 CNY 60.00
TAIXING CITY CHENGXIN 7.60 04/24/26 CNY 60.00
TAIXING CITY CHENGXIN 7.60 04/04/26 CNY 62.70
TAIXING CITY CHENGXIN 7.60 04/24/26 CNY 63.01
TAIXING XINGHUANG INV 8.50 11/15/25 CNY 39.59
TAIXING XINGHUANG INV 8.50 11/15/25 CNY 42.35
TAIZHOU FENGCHENGHE C 7.90 12/29/24 CNY 20.00
TAIZHOU FENGCHENGHE C 7.90 12/29/24 CNY 20.73
TAIZHOU HUACHENG MEDI 8.50 12/26/25 CNY 40.00
TAIZHOU HUACHENG MEDI 8.50 12/26/25 CNY 42.65
TANCHENG COUNTY CITY 7.50 04/09/26 CNY 60.00
TANCHENG COUNTY CITY 7.50 04/09/26 CNY 62.59
TANGSHAN HOLDING DEVE 7.60 05/16/25 CNY 41.00
TANGSHAN HOLDING DEVE 7.60 05/16/25 CNY 41.20
TAOYUAN COUNTY CONSTR 8.00 10/17/26 CNY 60.00
TAOYUAN COUNTY CONSTR 7.50 09/11/26 CNY 60.00
TAOYUAN COUNTY CONSTR 7.50 09/11/26 CNY 63.37
TAOYUAN COUNTY CONSTR 8.00 10/17/26 CNY 64.49
TAOYUAN COUNTY ECONOM 8.20 09/06/25 CNY 40.00
TAOYUAN COUNTY ECONOM 8.20 09/06/25 CNY 41.94
TEMPUS GROUP CO LTD 7.50 06/07/20 CNY 23.53
TENGCHONG SHIXINGBANG 7.50 05/05/26 CNY 72.64
TIANJIN REAL ESTATE G 7.70 03/16/21 CNY 21.49
TONGCHENG CITY CONSTR 7.50 07/23/25 CNY 40.00
TONGCHENG CITY CONSTR 7.50 07/23/25 CNY 41.46
TONGHUA FENGYUAN INVE 8.00 12/18/25 CNY 40.00
TONGHUA FENGYUAN INVE 8.00 12/18/25 CNY 42.29
TONGHUA FENGYUAN INVE 7.80 04/30/26 CNY 62.00
TONGHUA FENGYUAN INVE 7.80 04/30/26 CNY 62.93
TONGREN WATER GROUP C 8.00 11/29/28 CNY 74.86
TONGXIANG CHONGDE INV 7.88 11/29/25 CNY 41.70
TONGXIANG CHONGDE INV 7.88 11/29/25 CNY 42.23
TUNGHSU GROUP CO LTD 7.85 03/23/21 CNY 0.00
TUNGHSU GROUP CO LTD 8.18 10/25/21 CNY 22.00
URUMQI ECO TECH DEVEL 7.50 10/19/25 CNY 40.00
URUMQI ECO TECH DEVEL 7.50 10/19/25 CNY 41.64
WEIHAI LANCHUANG CONS 7.70 10/11/25 CNY 40.26
WEIHAI LANCHUANG CONS 7.70 10/11/25 CNY 41.20
WEIHAI WENDENG URBAN 7.50 03/04/29 CNY 70.00
WEIHAI WENDENG URBAN 7.70 05/02/28 CNY 74.30
WEIHAI WENDENG URBAN 7.70 05/02/28 CNY 74.93
WEINAN CITY INDUSTRIA 7.50 04/28/26 CNY 60.00
WEINAN CITY INDUSTRIA 7.50 04/28/26 CNY 61.99
WINTIME ENERGY GROUP 7.50 04/04/21 CNY 43.63
WINTIME ENERGY GROUP 7.90 03/29/21 CNY 43.63
WINTIME ENERGY GROUP 7.70 11/15/20 CNY 43.63
WINTIME ENERGY GROUP 7.90 12/22/20 CNY 43.63
WINTIME ENERGY GROUP 7.50 12/06/20 CNY 43.63
WINTIME ENERGY GROUP 7.50 11/16/20 CNY 43.63
WUSU CITY XINGRONG CO 7.50 10/25/25 CNY 40.00
WUSU CITY XINGRONG CO 7.50 10/25/25 CNY 42.00
WUXUE URBAN CONSTRUCT 7.50 04/12/26 CNY 60.00
WUXUE URBAN CONSTRUCT 7.50 04/12/26 CNY 62.61
WUYANG CONSTRUCTION G 7.80 09/11/20 CNY 32.48
WUZHOU CITY CONSTRUCT 7.95 11/28/28 CNY 75.00
XIAN LINTONG URBAN IN 7.69 04/22/26 CNY 60.00
XIAN LINTONG URBAN IN 7.69 04/22/26 CNY 62.80
XIANGXIANG URBAN CONS 7.50 10/27/24 CNY 20.00
XIANGXIANG URBAN CONS 7.50 10/27/24 CNY 20.45
XIFENG COUNTY URBAN C 8.00 03/14/26 CNY 60.30
XINFENG COUNTY URBAN 7.80 12/05/25 CNY 40.00
XINFENG COUNTY URBAN 7.80 12/05/25 CNY 42.23
XINFENG COUNTY URBAN 7.80 04/16/26 CNY 61.88
XINFENG COUNTY URBAN 7.80 04/16/26 CNY 62.92
XINGYI XINHENG URBAN 7.90 01/31/25 CNY 20.00
XINGYI XINHENG URBAN 7.90 01/31/25 CNY 20.63
XINGYI XINHENG URBAN 8.00 11/21/25 CNY 41.00
XINGYI XINHENG URBAN 8.00 11/21/25 CNY 41.72
XINPING URBAN DEVELOP 7.70 01/24/26 CNY 41.87
XINYU CITY YUSHUI DIS 7.50 09/24/26 CNY 63.43
XIPING COUNTY INDUSTR 7.50 12/26/24 CNY 20.00
XIPING COUNTY INDUSTR 7.50 12/26/24 CNY 20.65
XIUSHAN HUAXING ENTER 7.50 09/25/25 CNY 41.71
XIUSHAN HUAXING ENTER 7.50 09/25/25 CNY 41.71
XUZHOU CITY JIAWANG C 7.88 01/28/26 CNY 40.58
XUZHOU CITY JIAWANG C 7.88 01/28/26 CNY 41.93
XUZHOU CITY JIAWANG C 7.98 05/06/26 CNY 60.50
XUZHOU CITY JIAWANG C 7.98 05/06/26 CNY 62.38
YANCHENG URBANIZATION 7.50 03/04/27 CNY 65.10
YANGLING URBAN RURAL 7.80 02/20/26 CNY 40.00
YANGLING URBAN RURAL 7.80 02/20/26 CNY 42.52
YANGLING URBAN RURAL 7.80 06/19/26 CNY 60.00
YANGLING URBAN RURAL 7.80 06/19/26 CNY 63.36
YIBIN NANXI CAIYUAN S 8.10 07/24/25 CNY 40.00
YIBIN NANXI CAIYUAN S 8.10 07/24/25 CNY 40.79
YIBIN NANXI CAIYUAN S 8.10 11/28/25 CNY 42.35
YIBIN NANXI CAIYUAN S 8.10 11/28/25 CNY 42.60
YICHANG CHUANGYUAN HO 7.80 11/06/25 CNY 42.10
YINGKOU BEIHAI NEW CI 7.98 01/25/25 CNY 20.80
YINGKOU BEIHAI NEW CI 7.98 01/25/25 CNY 20.80
YINGTAN JUNENG INVEST 8.00 05/06/26 CNY 60.00
YINGTAN JUNENG INVEST 8.00 05/06/26 CNY 63.24
YIYANG COUNTY CITY CO 7.50 06/07/25 CNY 40.00
YIYANG COUNTY CITY CO 7.50 06/07/25 CNY 41.24
YIYANG COUNTY CITY CO 7.90 11/05/25 CNY 42.01
YIYANG COUNTY CITY CO 7.90 11/05/25 CNY 42.05
YIYANG LONGLING CONST 7.60 01/23/26 CNY 40.30
YIYANG LONGLING CONST 7.60 01/23/26 CNY 42.00
YIYUAN HONGDING ASSET 7.50 08/17/25 CNY 41.53
YONGAN STATE-OWNED AS 8.50 11/26/25 CNY 40.00
YONGAN STATE-OWNED AS 8.50 11/26/25 CNY 41.95
YONGCHENG COAL & ELEC 7.50 02/02/21 CNY 39.88
YONGXIU CITY CONSTRUC 7.50 05/02/25 CNY 40.00
YONGXIU CITY CONSTRUC 7.80 08/27/25 CNY 40.00
YONGXIU CITY CONSTRUC 7.50 05/02/25 CNY 40.97
YONGXIU CITY CONSTRUC 7.80 08/27/25 CNY 41.48
YOUYANG COUNTY TAOHUA 7.50 09/28/25 CNY 41.20
YOUYANG COUNTY TAOHUA 7.50 09/28/25 CNY 41.69
YUANJIANG CITY CONSTR 7.50 01/18/26 CNY 42.25
YUANJIANG CITY CONSTR 7.50 01/18/26 CNY 42.25
YUDU ZHENXING INVESTM 7.50 05/03/25 CNY 40.49
YUDU ZHENXING INVESTM 7.50 05/03/25 CNY 41.07
YUEYANG CITY JUNSHAN 7.96 04/23/26 CNY 60.00
YUEYANG CITY JUNSHAN 7.96 03/13/27 CNY 60.51
YUEYANG CITY JUNSHAN 7.96 04/23/26 CNY 62.90
YUEYANG CITY JUNSHAN 7.96 03/13/27 CNY 64.64
YUEYANG HUILIN INVEST 7.50 12/23/26 CNY 60.00
YUEYANG HUILIN INVEST 7.50 12/23/26 CNY 64.79
YUTAI XINDA ECONOMIC 7.50 04/10/26 CNY 62.70
ZHANGJIAJIE LOULI TOW 7.50 03/26/26 CNY 42.53
ZHANGJIAJIE LOULI TOW 7.50 03/26/26 CNY 62.52
ZHANGZI NATIONAL OWNE 7.50 10/18/26 CNY 60.00
ZHANGZI NATIONAL OWNE 7.50 10/18/26 CNY 63.91
ZHEJIANG CHANGXING HU 7.50 12/26/25 CNY 40.00
ZHEJIANG CHANGXING HU 7.50 12/26/25 CNY 42.04
ZHEJIANG CHANGXING HU 7.50 05/16/26 CNY 60.00
ZHEJIANG CHANGXING HU 7.50 05/16/26 CNY 62.34
ZHEJIANG HUZHOU NANXU 7.80 08/21/25 CNY 41.88
ZHEJIANG WUYI CITY CO 8.00 08/10/25 CNY 40.00
ZHEJIANG WUYI CITY CO 8.00 08/10/25 CNY 41.64
ZHEJIANG WUYI CITY CO 8.00 12/21/25 CNY 42.30
ZHEJIANG WUYI CITY CO 8.00 12/21/25 CNY 42.33
ZHONGHONG HOLDING CO 8.00 07/04/19 CNY 2.75
ZHONGXIANG CITY CONST 7.50 07/05/26 CNY 60.00
ZHONGXIANG CITY CONST 7.50 07/05/26 CNY 63.16
ZHOUSHAN ISLANDS NEW 7.50 01/30/27 CNY 55.00
ZHOUSHAN ISLANDS NEW 7.50 01/30/27 CNY 59.75
ZHUZHOU HI-TECH AUTO 8.00 08/14/25 CNY 52.06
ZHUZHOU RAILWAY INDUS 7.50 09/25/24 CNY 20.39
ZIGUI COUNTY CHUYUAN 7.80 02/12/28 CNY 60.00
ZIGUI COUNTY CHUYUAN 7.80 02/12/28 CNY 65.61
ZIYANG KAILI INVESTME 8.00 02/14/26 CNY 42.05
ZUNYI BOZHOU URBAN CO 7.85 10/24/24 CNY 20.28
ZUNYI BOZHOU URBAN CO 7.85 10/24/24 CNY 20.37
ZUNYI TRAFFIC TRAVEL 7.70 09/27/27 CNY 62.99
ZUNYI TRAFFIC TRAVEL 7.70 09/27/27 CNY 64.25
ZUNYI TRAFFIC TRAVEL 7.80 03/07/29 CNY 70.00
ZUNYI URBAN CONSTRUCT 7.50 05/20/24 CNY 40.15
HONG KONG
---------
YANGO JUSTICE INTERNA 10.25 03/18/22 USD 0.09
YANGO JUSTICE INTERNA 8.25 11/25/23 USD 0.18
YANGO JUSTICE INTERNA 7.50 02/17/25 USD 0.24
YANGO JUSTICE INTERNA 7.50 04/15/24 USD 0.27
YANGO JUSTICE INTERNA 10.25 09/15/22 USD 0.29
YANGO JUSTICE INTERNA 9.25 04/15/23 USD 0.34
YANGO JUSTICE INTERNA 7.88 09/04/24 USD 0.44
YANGO JUSTICE INTERNA 10.00 02/12/23 USD 1.00
HONGKONG IDEAL INVEST 14.75 10/08/22 USD 1.57
HAINAN AIRLINES HONG 12.00 10/29/21 USD 3.17
ZENSUN ENTERPRISES LT 12.50 04/23/24 USD 3.75
ZENSUN ENTERPRISES LT 12.50 09/13/23 USD 4.69
CHINA SOUTH CITY HOLD 9.00 12/11/24 USD 24.10
CHINA SOUTH CITY HOLD 9.00 06/26/24 USD 24.21
CHINA SOUTH CITY HOLD 9.00 04/12/24 USD 28.33
CHINA SOUTH CITY HOLD 9.00 10/09/24 USD 29.00
WIJAYA KARYA PERSERO 8.60 12/18/25 IDR 24.55
WIJAYA KARYA PERSERO 8.30 02/18/29 IDR 58.08
WIJAYA KARYA PERSERO 8.30 02/18/29 IDR 58.22
WIJAYA KARYA PERSERO 7.75 02/18/27 IDR 59.80
WIJAYA KARYA PERSERO 7.75 02/18/27 IDR 60.70
WIJAYA KARYA PERSERO 9.25 09/08/28 IDR 60.77
WIJAYA KARYA PERSERO 9.25 09/08/28 IDR 60.89
WIJAYA KARYA PERSERO 9.85 12/18/27 IDR 61.36
WIJAYA KARYA PERSERO 9.85 12/18/27 IDR 62.21
WIJAYA KARYA PERSERO 9.75 03/03/28 IDR 62.43
WIJAYA KARYA PERSERO 9.75 03/03/28 IDR 62.86
WIJAYA KARYA PERSERO 8.55 09/08/26 IDR 63.48
WIJAYA KARYA PERSERO 8.55 09/08/26 IDR 64.16
WIJAYA KARYA PERSERO 10.50 11/03/27 IDR 64.76
WIJAYA KARYA PERSERO 10.50 11/03/27 IDR 64.76
WIJAYA KARYA PERSERO 10.90 11/03/29 IDR 66.90
WIJAYA KARYA PERSERO 10.90 11/03/29 IDR 66.90
WIJAYA KARYA PERSERO 9.10 03/03/26 IDR 67.73
WIJAYA KARYA PERSERO 9.10 03/03/26 IDR 68.48
WIJAYA KARYA PERSERO 9.25 12/18/25 IDR 69.47
WIJAYA KARYA PERSERO 9.25 12/18/25 IDR 69.65
WIJAYA KARYA PERSERO 9.90 11/03/25 IDR 72.19
WIJAYA KARYA PERSERO 9.90 11/03/25 IDR 72.19
INDIA
-----
PIRAMAL CAPITAL & HOU 8.50 04/18/23 INR 34.25
ANDHRA PRADESH STATE 9.62 05/31/24 INR 50.13
IIFL SAMASTA FINANCE 10.75 02/24/25 INR 50.23
MAHANAGAR TELEPHONE N 7.51 03/06/34 INR 52.86
IKF FINANCE LTD 10.60 03/27/25 INR 61.90
BLU-SMART MOBILITY PV 12.50 10/30/24 INR 67.55
AXIS FINANCE LTD 8.10 11/17/28 INR 72.40
SOUTH KOREA
-----------
SAMPYO CEMENT CO LTD 8.30 04/20/14 KRW 70.00
SAMPYO CEMENT CO LTD 8.10 06/26/15 KRW 70.00
SAMPYO CEMENT CO LTD 8.10 04/12/15 KRW 70.00
SAMPYO CEMENT CO LTD 7.50 07/20/14 KRW 70.00
SAMPYO CEMENT CO LTD 8.30 09/10/14 KRW 70.00
SRI LANKA
---------
SRI LANKA GOVERNMENT 7.55 03/28/30 USD 57.27
SRI LANKA GOVERNMENT 7.55 03/28/30 USD 57.34
SRI LANKA GOVERNMENT 7.85 03/14/29 USD 57.54
SRI LANKA GOVERNMENT 7.85 03/14/29 USD 57.58
SRI LANKA GOVERNMENT 9.00 06/01/43 LKR 73.74
MALAYSIA
--------
CAPITAL A BHD 8.00 12/29/28 MYR 0.77
PHILIPPINES
-----------
BAYAN TELECOMMUNICATI 15.00 07/15/06 USD 14.99
BAYAN TELECOMMUNICATI 15.00 07/15/06 USD 14.99
SINGAPORE
---------
BAKRIE TELECOM PTE LT 11.50 05/07/15 USD 0.22
BAKRIE TELECOM PTE LT 11.50 05/07/15 USD 0.22
BLD INVESTMENTS PTE L 8.63 03/23/15 USD 6.75
DAVOMAS INTERNATIONAL 11.00 05/09/11 USD 0.26
DAVOMAS INTERNATIONAL 11.00 05/09/11 USD 0.26
DAVOMAS INTERNATIONAL 11.00 12/08/14 USD 0.27
DAVOMAS INTERNATIONAL 11.00 12/08/14 USD 0.27
ENERCOAL RESOURCES PT 9.25 08/05/14 USD 45.75
ITNL OFFSHORE PTE LTD 7.50 01/18/21 CNY 16.75
MICLYN EXPRESS OFFSHO 8.75 11/25/18 USD 0.89
NOMURA INTERNATIONAL 7.65 10/04/37 AUD 66.03
ORO NEGRO DRILLING PT 7.50 01/24/24 USD 0.50
RICKMERS MARITIME 8.45 05/15/17 SGD 5.00
SWIBER HOLDINGS LTD 7.75 09/18/17 CNY 6.13
*********
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