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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
The National Company Law Tribunal (NCLT) at Mumbai has held that a housing society which has lodged and secured admission of its claim in a corporate debtor’s insolvency proceedings cannot seek to recover the same dues directly from purchasers of the debtor’s property sold during liquidation. A Bench of Judicial Member Sushil Mahadeorao Kochey and…
All D&O policies are written on a “claims-made” basis, which means that the policy responds to claims made against directors during the policy period and not when the underlying wrongful act occurred. Introduction When a company enters insolvency, its directors face a particularly vulnerable position as the company is no longer capable of indemnifying them,…
REVEALED: Latest business liquidations in Casey Herald Sun Read the original article here
Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news. For most parents, helping their children through difficult times comes naturally But after spending more than RM160,000 over five years to clear his daughter’s debts, a father in Selangor says he has reached his limit. According to China Press, the semi-retired construction contractor from Batu…
The news: Canberra-based Agriculture tech startup Goterra has entered voluntary administration after failing to secure the investment needed to scale its waste-processing operations. The context: The appointment follows ASIC fillings showing the company board appointed Teneo’s Daniel Walley and Martin Ford to serve as joint administrators. In a statement to SmartCompany, a Goterra representative confirmed…
Story audio is generated using AI Pensioners in Komani and surrounding towns who earn less than R10,000 a month and owe money to the Enoch Mgijima Local Municipality will now be able to have municipal debt older than 12 months written off, provided they enter into a payment arrangement with the council. The measure forms…
Out-of-pocket customers rage as collapsed Qld tiny homes boss spruiks new venture The Courier Mail Read the original article here
Teak liquidators forced to seek advice over retentions owed to subbies BusinessDesk | NZ Read the original article here