The Insolvency Appellate Tribunal NCLAT has affirmed the “clean slate principle” under the Insolvency and Bankruptcy Code (IBC), which bars any attempt to reestablish pre-resolution shareholders’ rights, and rejected the claims of a shareholder of Sintex Industries. A two-member NCLAT bench dismissed the appeal by a Kerala-based investor seeking around Rs 110 crore in compensation…
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The Insolvency Appellate Tribunal NCLAT has affirmed the “clean slate principle” under the Insolvency and Bankruptcy Code (IBC), which bars any attempt to reestablish pre-resolution shareholders’ rights, and rejected the claims of a shareholder of Sintex Industries. A two-member NCLAT bench dismissed the appeal by a Kerala-based investor seeking around ₹110 crore in compensation for…
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Liquidators probe director’s ‘conduct’ at Solar Clear with creditors owed over €20m Irish Independent Read the original article here
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Chico’s Harrogate Ltd was formed in 2019 and was based at 4 Commercial Street, Harrogate. Companies House lists its sole director as Fuat Gundogan. The now-closed business entered liquidation on July 9 and Qimzen Advisory of Birmingham subsequently became the administrator. A liquidator’s report known as a statement of affairs says the business had no…
‘Spider-Man’s my favourite superhero’: Shailene Woodley devastated with scenes as Mary Jane axed in final film AsiaOne Read the original article here
Actor Lee Yong-joo has died at the age 44. South Korean media reported on Saturday (Aug 29) that his death was announced through social media by a friend. They wrote: “Even as I write this, I still cannot believe it. Actor Lee Yong-joo, who brought laughter to many as the clumsy yet lovable new recruit…
Young investors often hear that they have decades ahead of them and can therefore afford to take higher equity risk. While equity can indeed remain the core of a portfolio for long-term wealth creation, experts say this does not mean investors in their 20s or early 30s should avoid debt mutual funds altogether. Debt can…