The bench of the National Company Law Tribunal (NCLT) on Wednesday appointed an interim resolution professional (IRP) to initiate insolvency proceedings against in a petition filed by, one of its lenders. Canara Bank said Holdings, which publishes Deccan Chronicle, Financial Chronicle and Andhra Bhoomi, had defaulted to the tune of Rs 723 crore. The NCLT bench, which last fortnight admitted the petition of Canara Bank filed under the Insolvency and Code (IBC), heard the arguments of the media house and its lender and pronounced its orders on Wednesday. The bench has appointed the interim resolution professional to manage day-to-day affairs at Deccan Chronicle and convene meetings of all creditors to find a resolution to revive the media house's operations within 30 days. The creditors can either continue with the same resolution professional after 30 days or appoint a permanent resolution professional, Canara Bank counsel Dishit Bhattacharjee told ET. The bench also ordered a moratorium of 180 days during which no creditor can take any action against the company with all ongoing cases stayed. Creditors were directed to make all their claims before the resolution professional appointed by the bench, he said. The resolution professional will be required to report to the bench the outcome of insolvency initiatives after 180 days. A senior Canara Bank executive, who did not want to be named, said the lender was considering a proposal to avail of the services of one of the big four accounting firms in the insolvency process. Panasonic today announced two new proand broadcast camcorders, the 4K, and the HD for $4,695 and $11,995 respectively. Both cameras represent major upgrades to their older, lower-resolution predecessors. Adorama price:$4,695 Thirteenyears after the groundbreaking AG-DVX100 was introduced and brought cinematic 24p frame rates to the world of video, the Panasonic AG-DVX2000 is said to be the first 4/3 format sensor 4K/60p camcorder to feature a built-in zoom lens. The camera is fronted by a Leica Dicomar 13x zoom lens (with a 35mm equivalent 28-365mm range), which is matched for optimal performance with the 4K imager. The camera boasts a 12-stop dynamic range, and the ability to capture shallow focus and good Bokeh via the f/2.8 minimum aperture. Key features • 4/3 large-format 4K sensor records 4096×2160 images • 4k frame rate: 24p but up to 60p • Zoom range 28-365mm (35mm equivalent) • 12 stops of latitude via V-Log L gamma curve • Up to 120fps • IR shooting capability • 5-axis hybrid image stabilizer • Intelligent/custom AF • Manual focus assist • 1/4, 1/16, 1/64 ND filters • Zoom, focus and Iris controlled by 3 separate rings • OLED viewfinder, approx. 1.77 million dot resolution • Supports camera remote • Supports 4K, FHD, SD recording onto SD cards With its attention-grabbing crimson-red body, the camera is designed for both studio and portable production and ENG. Its extensive range of features include a variable frame rate from 24p at full resolution to slow-motion capture at a lower resolution at up to 120fps. The camera is capable of capturing infrared as well as standard images, although an IR illuminator will be a separate purchase. The camcorder records directly onto SD memory cards in 4K, FHD and SD format in MP4, MOV an dAVCHD, and is capable of simultaneous backup, relay, or dual codec recording onto two separate cards. The camera is compatible with SDHC and SDXC memory cards up to 128GB. The camera’s outputs include 36-SDI, HMI, Composite and USB, and XLR, Camera Remote and USB inputs are also available. Mini and super mini jacks are available to control zoom, S/S, focus and Iris. Shutter speeds range from 1/25-1/8000 sec, depending on resolution and frame rate, with slow shutter speeds to 1/2 second possible. The built-in lens can accommodate 72mm filters. It supports external stereo microphones via a stereo mini jack. A speaker jack is also available. The weighs 5.9 pounds and measures 7 1/8×8 1/2 x 14 23/32 inches.It will be available in September at Adorama for $4,695. Adorama price: $11,995 The Panasonic AJ-PX380G is a broadcast, shoulder-type camera recorder that is designed for enhanced network-based workflow but is relatively compact, lightweight and low-priced. It features a 1/3 type 2.2-megapixel 3MOS sensor with a high Signal/Noise rating and high sensitivity. It offers a choice of broadcast-level AVC-Ultra codecs for high-quality results. ResolutionPro free download. Get the latest version now. Calculate fair value and risk metrics of financial derivatives in Microsoft Excel. Click here for more Revolution Pro Wrestling comments & analysis. More Revolution Pro Wrestling news. Uprising: Fatal 5-way for Cruiserweight Gold! Aug 14, 2015. Panasonic updates its top two broadcast and pro-quality video cameras with wireless connectivity, 4K resolution, and more.
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