H c liquidating corporation

14 Nov

By 1925 the Big Lake oil fields were yielding 9,000 barrels of oil a day.By 1941 Plymouth Oil had extracted 66.8 million barrels from the Big Lake fields.The Single Judge observed that (a) the contract had been terminated in the interim stage before completion of the tenure; (b) as per the contract the claim for liquidated damages could be sought only after giving an extension on the time period for completion of the project @ 0.5% of the contract value per week to a maximum of 5%.Against the judgment of the Single Judge, the Appellant filed an appeal to the Division Bench of the High Court (“Division Bench”).General Wireless Operations, the Radio Shack successor created by a partnership between Sprint Corp.and the defunct retailer's owners, is preparing to file for bankruptcy, according to people familiar with the matter.The arbitrator accepted the entire claim of the Appellant, and accordingly awarded liquidated damages to the Appellant, which subsequently became the subject matter of the challenge before the High Court.The Single Judge set aside the arbitral award on the ground that the arbitrator had not considered the provisions of the contract before awarding liquidated damages.

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The company was engaged in exploring for, acquiring, and developing oil and gas fields. The company owned oil fields in the United States, Canada, and Australia.A filing could happen within the coming days and will probably result in liquidation, said the people, who asked not to be identified because the process isn't public.The beleaguered company, which does business as Radio Shack, operates outlets that share space with Sprint's retail locations, as well as franchising the name to other stores.The court heard was ruling on the winding-up petition--filed by Aerotron, a UK-based aircraft component supplier and one of Kingfisher's many creditors.Kingfisher, controlled by the flamboyant Mallya, now in London, owes more than

The company was engaged in exploring for, acquiring, and developing oil and gas fields. The company owned oil fields in the United States, Canada, and Australia.

A filing could happen within the coming days and will probably result in liquidation, said the people, who asked not to be identified because the process isn't public.

The beleaguered company, which does business as Radio Shack, operates outlets that share space with Sprint's retail locations, as well as franchising the name to other stores.

The court heard was ruling on the winding-up petition--filed by Aerotron, a UK-based aircraft component supplier and one of Kingfisher's many creditors.

Kingfisher, controlled by the flamboyant Mallya, now in London, owes more than $1 billion to Indian banks and several hundred crores to airports and the tax authorities.

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The company was engaged in exploring for, acquiring, and developing oil and gas fields. The company owned oil fields in the United States, Canada, and Australia.A filing could happen within the coming days and will probably result in liquidation, said the people, who asked not to be identified because the process isn't public.The beleaguered company, which does business as Radio Shack, operates outlets that share space with Sprint's retail locations, as well as franchising the name to other stores.The court heard was ruling on the winding-up petition--filed by Aerotron, a UK-based aircraft component supplier and one of Kingfisher's many creditors.Kingfisher, controlled by the flamboyant Mallya, now in London, owes more than $1 billion to Indian banks and several hundred crores to airports and the tax authorities.

billion to Indian banks and several hundred crores to airports and the tax authorities.