Currently, animals brought onto a holding triggers a standstill
for all of the farm, except direct to slaughter.
In the event no employment is secured and no alternative transaction is completed when the standstill
period concludes, NADL and Jurong have agreed to form a Joint Asset Holding Company for joint ownership of the Unit to be owned 23% by NADL and 77% by Jurong.
Khan said while there are claims by MQM that this standstill
of life in Karachi is voluntary everyone knows that the reality on the ground is different.
Our concerns with KITD's current management and sale process extend beyond the standstill
issue and JEC's potential self-dealing.
1 reactor at the utility's power plant in Onagawa, Miyagi Prefecture, also came to a standstill
Sources said in February that a standstill
could be agreed by early March but that banks were against rolling over the debt at terms demanded by Al Jaber.
A meeting between the company and its creditors has taken place to discuss a number of issues, including a draft standstill
proposal and the likely process over the next few months," the source was quoted as saying by Reuters.
After getting through the virtually standstill
traffic at Waterloo, and heading on the Wakefield road to Fenay Bridge past the traffic lights at Morrisons, some bright spark has created another bottleneck in the form of extending a section of the pavement into the lovely wide road opposite a traffic island to create single file traffic and more congestion.
, while approved by lending banks, still needed to get the green light from enough of the company's senior creditors by July 20 to go forward.
CHAOS: A smash on the A66 brings rush-hour traffic to a standstill
Dubai World disappointed creditors last month by making little progress in its intention to request a formal standstill
but said it would pitch a proposal in January.
The purpose of the meeting was to provide an update to the banks on the development of the group's restructuring plans as it seeks to reach a standstill
agreement with financial creditors," a Dubai World statement said.