Nigel Dinneen illegally obtained more than £400,000 from five people after being declared bankrupt in July 2019 His victims included a father whose children had to sleep on the floor with no back doors or windows and a healthcare worker on the Covid frontline Dinneen was jailed for 12 months following Insolvency Service investigations A…
Homebuyers’ maintenance societies, RWAs can’t intervene in insolvency process of developer: SC ET Realty Read the original article here
IICA launches registration for 8th batch of Post Graduate Insolvency Programme; signs MoU with IIIPI–ICAI PIB Read the original article here
The Supreme Court on Thursday (January 15) held that Resident Welfare Associations (RWAs) representing homebuyers cannot intervene in the Corporate Insolvency Resolution Process unless the RWA itself has disbursed funds or is directly a party to the financial transaction, as only then can it claim the status of a financial creditor. “A society or Resident…
Noel Clarke declared bankrupt after losing legal battle following shock allegations The Irish Sun Read the original article here
The Week in Numbers: Trump’s credit card demand, Saks goes bankrupt Reuters Read the original article here
Non bank lenders drive record court actions as SME insolvencies rise Australian Broker Read the original article here
Nigel Dinneen illegally obtained more than £400,000 from five people after being declared bankrupt in July 2019 His victims included a father whose children had to sleep on the floor with no back doors or windows and a healthcare worker on the Covid frontline Dinneen was jailed for 12 months following Insolvency Service investigations A…
Flats Image for representative purposes The Supreme Court on Thursday held that a society or Resident Welfare Association of homebuyers has no locus standi (legal standing) to intervene in insolvency proceedings initiated against a real estate developer as it is neither a creditor nor an authorised representative of allottees in the real estate project [Elegana Co-op…
(Jan 16): A Thai construction company under investigation over its role in two fatal crane crashes that killed 34 people earlier this week is seeking investor consent to restructure about US$446 million (RM1.8 billion) of debt. Italian-Thai Development PCL will hold an online meeting with bondholders at 2pm in Bangkok on Friday to request an extension…