Planit Holdings Ltd



  1. Planet-holdings Ltd
  2. Planit Holdings Ltd Stock
  3. Planit Holdings Ltd Share Price
  4. Planit Holdings Ltd Company
  5. Planit Holdings Ltd Llc

Planit Builders Ltd. Default Consequently, on June 1, 2018, Hardie & Kelly Inc. (“H&K”) in its capacity as the Proposal Trustee issued formal Notice of Default in the Performance of a Proposal, a copy of which can be found below. Jun 26, 2020 Planit Holdings Limited is a private limited company located at 32 Fitzgeorge Avenue, London W14 0SW. This 1 month-old company, incorporated on 2020-06-26 is run by 1 director. Director Lorenzo D., appointed on 26 June 2020.

Planet-holdingsHoldings

Default

Planit Builders Ltd. (“Planit” or the “Company”) has defaulted in the performance of a provision in the proposal filed on November 24, 2017 (the “Proposal”) and has not remedied such default within the prescribed 30 day period after which such default occurred. Consequently, on June 1, 2018, Hardie & Kelly Inc. (“H&K”) in its capacity as the Proposal Trustee issued formal Notice of Default in the Performance of a Proposal, a copy of which can be found below.

Planit

H&K has been discharged as Proposal Trustee and has no further involvement with the Company. Creditors may take proceedings to annul the Proposal and place the Company into bankruptcy at their own expense.

Timeline

  • June 1, 2018 – Default of Proposal
  • January 9, 2018 – Proposal approved by the Court of Queen’s Bench of Alberta
  • January 3, 2018 – Proposal approved by Creditors
  • November 24, 2017 – Proposal filed
  • October 27, 2018 – Notice of Intention to Make a Proposal filed

Relevant Documents

Planet-holdings Ltd

Contact person for Proposal Trustee – Jerri Beauchamp at 403-536-8503

Planit Holdings Ltd Stock

Vero Software, a leading provider of CAD/CAM/CAE solutions for the tooling industry, is pleased to announce the merger of Vero Software and Planit Holdings, a leading developer of CAD/CAM software for the production engineering, sheet metal, metal fabrication and woodworking sector. Planit Holdings Ltd

The Planit Group offers its software products globally under the EDGECAM, ALPHACAM, CABINET VISION, CabnetWare, JAVELIN and RADAN brands.

The combination of Vero and Planit creates the world’s leading CAM specialist, and third largest CADCAM vendor - only behind Dassault Systèmes and Siemens PLM *. The merger of the two organisations will provide the platform to build even stronger products through significantly enhanced development capabilities and further extend a growing influence on the global market.

Commenting on the acquisition, Richard Smith, CEO of Vero Software says, 'Across the enlarged Group, the complementary products address the worldwide need for CAD/CAM/CAE technology in a large variety of focussed manufacturing processes enabling us to accelerate our growth. With greater critical mass we will be able to continue to provide excellent service and support to both existing and new customers. We fully recognize the importance of product branding and customer loyalty, and therefore, it is important to emphasize that we will continue to invest in all of the products. We will move forward together with the expertize, knowledge and resources necessary to deliver even higher levels of productivity to our customers.'

Planit Holdings Ltd Share Price

The merger has been funded by Battery Ventures (Boston, USA) who have been investing for more than 25 years in technology-driven companies and work hard with management to build their presence into global market leaders.

Planit Holdings Ltd Company

Dave Tabors, General Partner at Battery Ventures comments, 'We are pleased to enter into this transaction with Planit, and are excited about the prospects ahead for the combined group. We believe that both Vero and Planit have been following a very smart strategy in a highly fragmented market. With strong products, a high quality management team, and the respect of its customer base worldwide, the company is well positioned for future growth - both organically and through acquisition.'

* Source : CIMData

Planit Holdings Ltd Llc

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