Azalina described the bill as a reform to provide for a fairer system for social guarantors. Picture by Choo Choy MayKUALA LUMPUR, March 29 The Bankruptcy (Amendment) Bill 2016, which among others, protects social guarantors from being declared bankrupt, was passed by Parliament today. Minister in the Prime Ministers Department Datuk Seri Azalina Othman Said…
One of Australia’s largest accountancy firms, PricewaterhouseCoopers, has been accused of misleading or deceptive conduct over its audits of failed training college owner Vocation Limited. PwC was last week named as a defendant in the class action brought against Vocation. Play Video Don’t Play Dear ScoMo, it’s a matter of trust. Play Video Don’t Play…
A village in Papua New Guinea. Evaluation Consult gas been attempting to recover $300,000 owed to it by PNG. A Wellington company will be liquidated after failing to recover more than $300,000 owed to it by the Papua New Guinea (PNG) government. Evaluation Consult was put into liquidation on March 24 following an application by the…
MUMBAI: The Insolvency and Bankruptcy Board of India (IBBI), the newly-established regulator to reorganise insolvency laws in the country, is working on guidelines for individuals who want to declare bankruptcy and will also allow voluntary liquidation by companies, chairperson Madhusudan Sahoo said in an exclusive interaction with ET. The IBBI is the nodal agency for…
Insolvency application: Arun Jagatramka said the future still looks bright for Gujarat NRE Coke. Indian mining mogul Arun Jagatramka, who left Wollongong after his company spluttered and was taken over, has filed for insolvency protection in his homeland. Gujarat NRE Coke, former parent company of what is now Wollongong Coal, has applied for insolvency resolution,…