Would raising the rate of GST affect you more than others? No Stupid Questions with Susan Edmunds Things are looking up for many New Zealanders – but some of those who’ve fallen behind are getting further into trouble, new data shows. Centrix has released its latest update, which shows that consumer arrears improved again in…
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…
NCLAT Sets Aside Insolvency Admission Order Against Vikram Solar BW Businessworld Read the original article here
New Delhi, June 30: Appellate tribunal NCLAT has set aside an NCLT order directing the initiation of insolvency proceedings against Vikram Solar, noting that the operational debt involved was below the minimum threshold of Rs 1 crore prescribed under the Insolvency and Bankruptcy Code (IBC). A two-member bench of the National Company Law Appellate Tribunal…
The National Company Law Appellate Tribunal (NCLAT), New Delhi Bench has held that provident fund and gratuity dues payable to workmen and employees do not form part of the liquidation estate under the Insolvency and Bankruptcy Code (IBC), even if no separate provident fund or gratuity fund has been maintained by the corporate debtor. The…
UK business insolvency stress has remained significantly above its historical baseline for 17 consecutive weeks, according to FrictionIndex, the UK’s first weekly measure of corporate insolvency activity across 21 economic sectors. T The index is currently elevated, with 12 of the main 18 tracked sectors showing above-normal stress levels despite an 8.4% decline over the…
India Power Corporation Executive Director tenure ends on June 30, 2026 scanx.trade Read the original article here
Seven companies related to Flato Developments Inc. — the Markham builder behind Owen Sound’s approved 716-unit Greystone Village subdivision — have been placed in receivership over roughly $29 million in defaulted loans. The Owen Sound lands are not named in the court order. An Ontario court granted the receivership order June 23 on application by…
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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…