The Madras High Court in its recent judgment has dismissed the writ petition holding that a challenge against order passed by Liquidator is appealable under the Insolvency and Bankruptcy Code, 2016. The petitioners filed the writ petition challenging the communication issued by the second respondent in response to their letter dated 22.12.2020, wherein it was…
Success is difficult to handle. Here’s the story of a man who was once the sixth richest man in the world. But several challenges led to his bankruptcy. Mukesh Ambani’s net worth Mukesh Ambani is currently the richest man in India. Currently his net worth is said to be 10,640 crores USD. However, here’s about…
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Philly Shipyard ASA Announces Liquidation Dividend TipRanks Read the original article here
Hungry Wok in Christchurch’s Westfield Mall placed in liquidation The Press Read the original article here
Singapore: Quetzal Offshore Pte Ltd to be wound up voluntarily Manifold Times Read the original article here
Canberrans say they are receiving aggressive and impersonal demands for money from the ACT Revenue Office in a system one MLA likened to the Robodebt scheme. There are calls to reform the office’s review and repayment system from within the Legislative Assembly amidst growing criticism of the language and impersonal approach taken. It comes after…
This latest US debt downgrade is a buying opportunity for us contrarians. I say that because we had the same (profitable) setup the last three times the ratings agencies took Uncle Sam’s credit rating down a peg. You might find that last sentence surprising. Three times? Indeed, the US government has seen its debt downgraded…
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“We cannot announce the contents of the decision until the parties have been informed,” Naples bankruptcy court president Vito Frallicciardi told reporters. But ANSA cited court sources saying they had ruled Napoli bankrupt and that officials had already been nominated to handle relations with creditors. Napoli were Italian champions in 1987 and 1990 when they…