Mr Molale said government, through his ministry, had provided funding to the liquidator
to carry-out this function.
The levy of the city of Iligan is against the liquidator
and not against the Indians.
will submit to the ministry the final account of the defunct association.
The issue before the court is whether it is appropriate to grant judicial immunity to the Liquidator
. For the reasons discussed below, the Liquidator
is entitled to judicial immunity.
'The two parties are already interested in the acquisition of BCL and they are yet to make an offer to the liquidator
.' Mr Molale said his ministry was engaging the liquidator
to explore options which would ensure that the mines remained on a level of care and maintenance necessary to preserve the assets, being the mineral resources, mine equipment and infrastructure.
A key personality in liquidation proceedings is the liquidator
The creditors of failed investment bank Babcock & Brown Limited (BNB.AU) have voted to liquidate the assets of the company Dow Jones has reported, citing the liquidator
Minister of Employment, Labour Productivity and Skills Development, Mr Tshenolo Mabeo has said 546 former employees at BCL Mines have been engaged by the liquidator
, with 510 of them being miners who were employed by BCL Mine while 36 were employed by Tati Nickel Mine.
He said the liquidator
had also engaged 34 permanent and two temporary workers at Tati Nickel Mine, while six foreign employees were employed in the field of engineering, design draughtsman, team leader, technical advisory engineer and general manager in the field of environment.
Proxies to be used at the meeting must be lodged with the Liquidator
at rgr partners, Cahercourt, Loughrea, Co.
Mr Molale explained in response to a Parliamentary question recently that government took such decision, with the principle objective to protect the interests of the workers by paying for their separation costs through the liquidator