The foregoing is due to the timely delivery of the required information, The corporate reorganization process has been formally initiated under the terms of Law 1116 of 2006, after the established completeness requirements have been recognized. In this recovery process it is expected that by entering into a recovery agreement reorganization, creditors and the company […]
Tag: supersocieties
Viva Air has entered into a corporate reorganization, the Supersociedades confirm
Meanwhile, the airline informed Ultra Air Supersociedades on March 9 of its intention to participate in the reorganization process. To date, the 10-day deadline stipulated in Articles 14 and 15 of Law 1116 of 2006 for the company to submit the documentation requested on request dated May 29, 2023, which will take place on June […]
Reorganization of Viva and Ultra Air is under study: Supersociedades
The processes to respond to the requests to initiate corporate reorganization processes from Viva and Ultra Air are being analyzed according to the Superintendency of Companies. “In the event that the entities are admitted to the reorganization process, it will seek to achieve the goal set forth in Colombia’s insolvency regime, to maintain viable and […]
Supertransporte could request the opening of the insolvency process from Viva
The Superintendent of Transportation could request the opening of insolvency proceedings against Viva Air if it deems it necessary, Superintendent of Companies Billy Escobar assured. The supersociedades explained that the functions of inspection, supervision and control over Viva are fully exercised by the Superintendence of Transport in accordance with the provisions of the corresponding legislation, […]
KPMG SAS fined for failing to fulfill its obligations as a tax auditor
The decisions were based on the fact that the company, in its role as tax auditor, had no judgment on the annual accounts of the year 2020 of the supervised companies. According to supersocietiesthe statement or opinion of the tax auditors on the financial information of the audited companies must be available no later than […]
Supersociedades draws up an official report against Frontera Energy Corporation
In this case, apparently there are companies abroad with a presence in Colombia controlled by Frontera Energy Corporation (Canada) and, to that extent, their relationship with the conglomerate allegedly involving 30 entities. “Disclosure of control or corporate group situations is of public interest as there is a risk to the various people dealing with the […]
Supersociedades acquires assets of Makro Vivienda Constructora
“In order to achieve this aim, the court is empowered to seize all the assets of the intervening nationals and it is necessary that the persons concerned submit their claims to the designated intervening agent, a person who has the authority to decide on the matter. The recipients of the return, to the extent permitted […]
Grupo Nutresa’s custody of the OPA against Supersociedades is denied
Nutresa asked the protection of your right to processingwhich he believes was broken within a process promoted by Jgdb Holding and Nugil against Surah, nutresa, Luis Javier Zuluaga Palacios, Sebastián Orejuela Martinez, Carlos Ignacio Gallego Palacio, Jairo González Gómez and José Domingo Penagos Vásquez. According to the conglomerate, this happened because precautionary measures were announced […]