NCLAT clarifies NCLT’s authority to order investigations into company affairs in insolvency cases under the Companies Act, subject to preconditions. New Delhi, Jun 16 (PTI) Appellate tribunal NCLAT has clarified that the National Company Law Tribunal (NCLT) can order an investigation into the affairs of a company by probe agencies in cases related to the…
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Plant-based dairy brand, Little Island Creamery, in liquidation Stuff Read the original article here
The $96,000 migrant worker penalty that wasn’t paid, and likely never will be Stuff Read the original article here
Sustainable fashion brand Hemper has filed for creditor bankruptcy and liquidation due to insolvency. The Madrid-based company also presented a bid for the acquisition of some of its assets. In an official statement released June 16, 2025, Hemper’s management announced the company’s bankruptcy filing. The sustainable fashion and accessories brand, which specialises in showcasing hemp…
The superstar jockey, who left Britain at the end of 2023, has not given up on the prospect of riding at the meeting again before he retires from the saddle Frankie Dettori: attending Royal Ascot this year as a spectator(Image: Getty Images) Frankie Dettori is returning to Royal Ascot this week – but he won’t…
The insolvency department said 330 people declared themselves bankrupt last year, almost double the number the previous year. (Selangor Insolvency Department pic) PETALING JAYA: Financial planners have called for a minimum debt level to be imposed for Malaysians who wish to declare themselves bankrupt. The lack of such a threshold allows those with even small…
Insolvency department director-general Bakri Abd Majid said the government is reviewing the debtor’s petition process to prevent potential misuse, as it does not have a set debt threshold. (Bernama pic) PETALING JAYA: There is a growing trend among Malaysians to voluntarily declare themselves as bankrupt, according to insolvency department director-general Bakri Abd Majid. He revealed…
Former England star declared bankrupt after ‘burying his head’ over £36,000 tax bill MSN Read the original article here