Selby-based S&D Facilities Managed Ltd entered into a voluntary liquidation in August 7. The business, which was incorporated in 2022, and based at The Old Maltings, Ousegate, appointed Wakefield-based DS Insolvency as administrator. A financial report known as a statement of affairs says the business had no assets and no preferential creditors- those who are…
Mumbai: Close on the heels of the Subhash Chandra loan repayment controversy, the bankruptcy regulator-the Insolvency and Bankruptcy Board of India (IBBI) has issued a circular on Wednesday directing Insolvency Professionals (IPs) to remain vigilant regarding the potential misuse of the insolvency framework. The IBBI said that it has received information from law enforcement and…
Crest V Ardmore: Blo Appeal In The English Courts Derailed By Insolvency? JD Supra Read the original article here
The Insolvency and Bankruptcy Board of India (IBBI) has warned insolvency professionals against the misuse of the Insolvency and Bankruptcy Code, 2016, for purposes including reducing tax liabilities, avoiding regulatory scrutiny and obstructing investigations. The regulator has directed professionals to closely examine suspicious insolvency proceedings and act when there are reasonable grounds to suspect fraudulent…
Story audio is generated using AI A father has been given 14 days to pay up or risk going to jail after racking up R612,000 in child maintenance arrears. The man stopped paying child support for his three children six years ago following his divorce. The Free State High Court found the man in contempt…
Viceroy Hotels wins High Court case on ₹3.56 crore surcharge demand scanx.trade Read the original article here