THE REGISTRAR General has requested to meet all creditors of some 20 asset management companies whose licences were revoked by the Securities and Exchange Commission (SEC).
This will be a virtual first creditors meeting between the Registrar General and the creditors of the defunct companies spanning Monday, September 7, 2020, to Friday, September 11, 2020.
These companies are part of some 53 companies whose licences were revoked by SEC, in accordance with Section 122 (2) (b) of the Securities Industry Act 2016, (Act 929) (SIA).
The Registrar of Companies, the High Court, Commercial Division presided over by Her Ladyship Justice A. Mensah Homiah (JA), ordered the official winding up of the companies.
According to the Registrar General, the link to the meetings shall be delivered to all creditors via text message before September 4, 2020.
Creditors of Intermarket Asset Management Limited, Brooks Asset Management Limited and All-Time Capital Limited will on Monday meet the Registrar General between 9:00am to 12:00pm, 11:30am to 1:30pm, and 2:00pm to 4:00pm in that order. Creditors of Axe Capital Limited, Man Capital Partners Limited and Nordea Capital Limited will on Tuesday meet the Registrar General at the aforementioned respective times; while on Wednesday, creditors of Supreme Trust Capital Limited, Sirius Capital Limited, Standard Securities and Alpha capital Securities Limited will meet the Registrar General from 9:00am to 10:00am, 10:30am to 11:30am, 12:30pm to 1:30pm and 2:30pm to 3:30pm in that order.
On Thursday, it will be the turn of creditors of Tikowirie Capital Limited, Mec-Ellis Investment, Nickel Keynesbury, Fontomfrom Capital Limited and Kamaag Capital Limited to meet the Registrar General at 9:00am to 10:00am, 10:30am to 11:30am, 12:30pm to 1:30pm, 2:30pm to 3:30pm and 4:00pm to 5:00pm respectively. Friday will see creditors of Mutual Integrity Limited, Nesst Capital Limited, Weston Capital Limited, Galaxy Capital Limited and MAK Assets Management Limited between 9:00am and 5:00pm.
The Registrar General would make payments to the creditors once all demands were met.
By Samuel Boadi