The first creditors' meeting of the bankruptcy liquidation of Binzhou Hongtai Real Estate Co., Ltd. was successfully held.
Published:
2021-09-16
On September 16, 2021, under the auspices of the Binzhou Intermediate People's Court, the first creditors' meeting for the bankruptcy liquidation of Binzhou Hongtai Real Estate Co., Ltd., with Zhongcheng Qingtai (Jinan) Law Firm as the administrator, was successfully held. The meeting was held in the form of an online meeting, with representatives of administrators, auditors, appraisal agencies, debtors and employees attending the meeting on the spot, and creditors who have declared their claims attending the meeting through the Ali bankruptcy management platform. On July 6, 2021, the Binzhou Intermediate People's Court ruled that it accepted the bankruptcy liquidation application of Guangdong Zhongming Building Decoration Industry Co., Ltd. against Binzhou Hongtai Real Estate Co., Ltd., and on July 15, it appointed Zhongcheng Qingtai (Jinan) Law Firm as the administrator. After accepting the appointment, the firm quickly set up a team of managers according to the characteristics of the project, formulated a detailed work plan and plan, diligently and faithfully performed its duties, fully performed the duties of the manager, and actively promoted the bankruptcy liquidation process. At the meeting, the administrator made the "Report on the Periodic Work of the Administrator in Performing Duties", "Report on Requesting the Creditors' Meeting to Verify Creditors' Claims", "Report on Requesting the Creditors' Meeting to Review the Administrator's Remuneration Plan"; read out the "Property Management Plan", "Proposal on the Establishment of the Creditor Committee and Rules of Procedure", "Statement of recommend of Candidates for Creditor Committee Members", and submitted to the Creditors' Meeting for deliberation. The two motions to be voted on at this meeting were unanimously adopted by all the voting creditors present at the meeting, accounting for 99.94 per cent of the total unsecured claims, and the agenda was successfully concluded. After the first debt meeting, the Institute, as the administrator, will continue to adhere to the principle of "according to law, standardization, efficiency and fairness", fulfill its duties, overcome difficulties, carry out follow-up work diligently and conscientiously, safeguard the interests of creditors to the maximum extent, protect the legitimate rights and interests of employees, and promote the smooth progress of the bankruptcy proceedings of the debtor. Attached: Project Investment Promotion Announcement Link: Investment Promotion Announcement of Taiwan Building (Platinum Yuecheng), No.16 Yellow River Road, Binzhou City
On September 16, 2021, under the auspices of the Binzhou Intermediate People's Court, the first creditors' meeting for the bankruptcy liquidation of Binzhou Hongtai Real Estate Co., Ltd., with Zhongcheng Qingtai (Jinan) Law Firm as the administrator, was successfully held.
The meeting was held in the form of an online meeting, with representatives of administrators, auditors, appraisal agencies, debtors and employees attending the meeting on the spot, and creditors who have declared their claims attending the meeting through the Ali bankruptcy management platform.
On July 6, 2021, the Binzhou Intermediate People's Court ruled that it accepted the bankruptcy liquidation application of Guangdong Zhongming Building Decoration Industry Co., Ltd. against Binzhou Hongtai Real Estate Co., Ltd., and on July 15, it appointed Zhongcheng Qingtai (Jinan) Law Firm as the administrator. After accepting the appointment, the firm quickly set up a team of managers according to the characteristics of the project, formulated a detailed work plan and plan, diligently and faithfully performed its duties, fully performed the duties of the manager, and actively promoted the bankruptcy liquidation process.
At the meeting, the administrator made the "Report on the Periodic Work of the Administrator in Performing Duties", "Report on Requesting the Creditors' Meeting to Verify Creditors' Claims", "Report on Requesting the Creditors' Meeting to Review the Administrator's Remuneration Plan"; read out the "Property Management Plan", "Proposal on the Establishment of the Creditor Committee and Rules of Procedure", "Statement of recommend of Candidates for Creditor Committee Members", and submitted to the Creditors' Meeting for deliberation.
The two motions to be voted on at this meeting were unanimously adopted by all the voting creditors present at the meeting, accounting for 99.94 per cent of the total unsecured claims, and the agenda was successfully concluded.
After the first debt meeting, the Institute, as the administrator, will continue to adhere to the principle of "according to law, standardization, efficiency and fairness", fulfill its duties, overcome difficulties, carry out follow-up work diligently and conscientiously, safeguard the interests of creditors to the maximum extent, protect the legitimate rights and interests of employees, and promote the smooth progress of the bankruptcy proceedings of the debtor.
Attached: Project Investment Promotion Announcement Link:
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