SUPREME COURT Special Court Cannot Hear Private Complaints In Companies Act Fraud Cases; Only SFIO Can File: Supreme Court The Supreme Court on Friday held that a special court cannot entertain a private complaint in cases involving fraud under the Companies Act. It ruled that where an offence attracts punishment under the fraud provision, cognisance…
Move to liquidate company behind former SH1 cafe dropped The Press Read the original article here
The liquidators’ report shows “there will be insufficient funds to enable a distribution” to a secured creditor, Close Brothers Limited, of St Giles Shopping Centre Holdings Limited. The sudden closure of the company that operated the St Giles Centre in Elgin, which opened in 1992 with 28 outlets, is outlined by James Dewar and Alistair…
Introduction When Parliament enacted the Insolvency and Bankruptcy Code, 2016 (IBC), it set out to do something India’s fractured insolvency landscape had never managed before create a single, time-bound, predictable mechanism for resolving corporate stress. Before the IBC, a creditor seeking recovery from a defaulting company had to navigate a maze of…
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REVEALED: Latest business liquidations in Kalamunda The Daily Telegraph Read the original article here
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REVEALED: Latest business liquidations in Stirling The Daily Telegraph Read the original article here
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Add APD as a preferred Google source for free. Stay informed with the latest current news. Activate now The Tax Agency has included 37 companies linked to Lleida in the new list of large debtors with outstanding payments exceeding 600,000 euros as of December 31, 2025. The joint debt of these companies amounts to 52,215,666…