Tahera Receives Extension to CCAA Stay Period
January 25, 09Tahera Diamond Corporation has received an extension to the stay period under the Companies' Creditors Arrangement Act (CCAA). The stay period was set to expire on January 23.
The court approved extension is now in place until February 27. During the extension of the stay period, the company will continue with efforts to complete a sale of its remaining assets in consultation with Caz Petroleum Inc. Tahera’s leading secured creditor.