Wobbly firms are increasingly finding shelter in insolvency law. But is this just a case of delayed burial rites? Early adopters of the Insolvency Act 2015 such as construction firm Spencon Kenya Limited, which was placed under administration in 2017, do not look like they are coming back. Nakumatt Holdings, Midland Energy, ARM Cement and…
Exclusive: Exlusive: Former Atomic Kitten singer Kerry Katona has bagged a brand-new business deal as Creative Adviser of Thrillz and the mum-of-five has opened up on how she went from rock bottom to the top of her empire Video Loading Video Unavailable Click to playTap to play The video will auto-play soon8Cancel Play now Kerry…
When police executed a search warrant at the Brighton home on April 16, they say, they found steam cleaners, as well as bottles of ammonia and bleach. Senior Detective Stewart told the court police believed there was a high probability that Mr Newman knew the location of Ms Hamkas remains. I dont have any direct…
share this article Share this article Dzulfiqar Fathur Rahman (The Jakarta Post) PREMIUM Jakarta Wed, September 1, 2021 The Indonesian Employers Association (APINDO) is in talks with the government and the Financial Services Authority (OJK) to propose a three-year extension for debt postponement petition (PKPU) and bankruptcy lawsuits as well as the loan restructuring program,…
By Michael Reid, managing partner, Meston Reid & Co THEREs been a great deal of talk in recent months around the various options open to any business looking to deal with creditor pressure now that trading activity is resuming always assuming that it can meantime source both product and staff. Ive taken the view that…
The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted a personal insolvency petition against Videocon promoter Venugopal Dhoot just a day after the Ministry of Corporate Affairs (MCA) received permission to freeze his assets. In a virtual hearing on Wednesday personal insolvency proceedings against Venugopal Dhoot were admitted and allowed. Asish Narayan…