The government has announced it intends to make temporary amendments to the effects of corporate insolvency and governance legislation for an additional year. The government laid the regulations out on 11 February 2021 in Parliament ahead of the power expiring on 30 April 2021. Additionally, the government has also announced that companies and other qualifying…
Laura Theophilus (42), from Cambridge, was the sole director of CIS UK PAY Limited. Incorporated in February 2012, the company provided combined office administrative services. The company was VAT registered shortly after its incorporation and Laura Theophilus submitted VAT returns for five consecutive quarters from January 2017 to January 2018, paying just over 273,000. In…
Australias peak body for online betting says punters should not be stopped from going into debt to bet. It comes amid concerns about problem gambling. Ultimately, we think customers should have the right to choose and directly manage their own betting preferences, Brent Jackson, Chief Executive at Responsible Wagering Australia, said on 3AW. The evidence…
McNally Sayaji Engineering, an unlisted subsidiary of the Khaitain family-run McNally Bharat Engineering, is facing corporate insolvency proceedings. The insolvency process was admitted after ICICI Bank, a financial creditor, moved to the National Company Law Tribunal (NCLT). McNally Sayaji was granted loans by ICICI Bank to the tune of 50 crore. Nearly half of the…