A Bexhill gift shop has closed down, as the company goes into voluntary liquidation – SussexWorld
A Bexhill gift shop has closed down, as the company goes into voluntary liquidation SussexWorld Read the original article here
UK courier company collapses into liquidation – all jobs lost | UK | News
James Stephen and Simon Girling, of BDO, were appointed joint liquidators of Dundee-based company REM Couriers Limited, following a petition presented to Dundee Sheriff Court. A notice on Companies House shows that the business’s accounts are overdue: the accounts made up to October 31, 2024, were due by July 31, 2025, and the last accounts…
NCLT approves Adani’s ₹15,000-crore plan for bankrupt Jaiprakash Associates
The National Company Law Tribunal (NCLT), Allahabad, has approved Adani Enterprises’ over ₹15,000-crore resolution plan for bankrupt Jaiprakash Associates Ltd (JAL), rejecting Vedanta Ltd’s challenge. “Resolution plan is approved as per the details in the order,” the NCLT bench said while pronouncing the verdict. A detailed written order was not available till press time. After…
Debt advice service hits £2m in active cases on Isle of Man
The announcement comes as Debt Awareness Week arrives, running from 16th – 22nd March, with an overall theme of debt stigma and how to overcome it, with The Salvation Army championing abolishing the stigma around debt through its service. Debbie White, area debt advice co-ordinator for The Salvation Army said: “The Salvation Army’s mission has always…
NCLT Approves Adani Enterprises' Resolution Plan for Jaiprakash Associates – scanx.trade
NCLT Approves Adani Enterprises’ Resolution Plan for Jaiprakash Associates scanx.trade Read the original article here
90-year-old woman in Taiwan assaulted by grandson after refusing to give money to pay his gambling debts
Elderly woman suffers brain haemorrhage for refusing grandson who pressured her to give him money A 37-year-old man in Changzhi Township, Taiwan, has been arrested after brutally assaulting his 90-year-old grandmother when she refused to lend him money to pay off his gambling debts. The violent incident left the elderly woman with a brain haemorrhage…
Vision Investments blames government for Tongaat Hulett liquidation crisis – MSN
Vision Investments blames government for Tongaat Hulett liquidation crisis MSN Read the original article here
Bankrupt doctor loses bid to force court officer to fund legal fight
A Jersey doctor declared bankrupt nearly a decade ago has lost a court challenge to force the island’s chief enforcement officer to fund her legal fight in England. In a judgment delivered by the Royal Court, Dr Gail Cochrane failed to overturn a decision by the Viscount – the official responsible for administering bankrupt estates…
Rethinking Insolvency Fragmentation in the EU | cep
Fragmented national insolvency rules increase legal uncertainty and deter investors. Insolvency proceedings in the EU can take up to 3.5 years, and court costs can consume up to 15 per cent of the insolvency estate. cep proposes a four-pillar reform strategy, including a voluntary European ‘28th regime’ for cross-border insolvency cases The European Union aims…
SA’s gambling rakes in R1.5 trillion, more addicts seeking help: industry body
South Africa’s gambling industry has reached a turnover of about R1.5 trillion, while the number of people seeking help for gambling problems has surged by 60%, according to the South African Responsible Gambling Foundation. The organisation says the growth of digital gambling and widespread access is increasing the risk of people gambling irresponsibly. Industry growth…