Summary With government support instigated by the Covid-19 pandemic coming to an end, there is an inevitability that some hotel owners will sadly not have the liquidity to continue to operate in the medium term. Eager investors are seeing opportunities and are waiting to deploy capital. We examine the main considerations for investors who are…
Markets regulator Sebi has decided to tweak the criteria for determining ‘Fit and Proper Person’ and given its approval for the launch of silver exchange-traded funds (ETFs) in the country TopicsSEBI|silver ETFs|exchange traded funds Markets regulator Sebi has decided to tweak the criteria for determining ‘Fit and Proper Person’ and given its approval for the…
Dominic Gibbs has not made a post on Facebook or Twitter for more than six weeks. Numerous angry wedding couples say they are owed thousands of pounds, while former workers and contractors have also come forward to say they have not been paid. Mr Gibbs, who has been vocal on Facebook and Twitter in the…
10,317 individuals declared bankrupt during MCO period: Ismail Published on: Tuesday, September 28, 2021 By: Bernama Text Size: Quoting data from the Malaysian Department of Insolvency (MdI), Prime Minister Datuk Seri Ismail Sabri Yaakob said Selangor had the highest number of individuals declared bankrupt, at 2,555, followed by the Federal Territory (1,288 people) and Johor…
Quoting data from the Malaysian Department of Insolvency (MdI), Prime Minister Datuk Seri Ismail Sabri Yaakob said Selangor had the highest number of individuals declared bankrupt, at 2,555, followed by the Federal Territory (1,288 people) and Johor (792 people). Bernama pic KUALA LUMPUR, Sept 28 A total of 10,317 individuals have been declared bankrupt throughout…
A TOTAL of 10,317 Malaysians have been declared bankrupt from the onset of the Covid-19 pandemic in March 2020 to July 2021, Prime Minister Ismail Sabri Yaakob (Bera-BN) said. During the same period, about 1,246 businesses closed down for good due to the movement control order (MCO), Ismail said in a parliamentary written reply to…
STUFF Rajesh Luthra and his wife Tripta Tripta have recently moved into a new home in Rolleston. August 5 was the day Rajesh Rocky Luthras company Sudesh Foods crashed and burned. But just a day later, Luthera started a new company, Van de Broods Ltd. Luthra set up Sudesh Foods in February 2015 to sell…
The Commerce Court number 1 in Las Palmas de Gran Canaria agreed this week to declare necessary bankruptcy for tourism companies Anfi Sales SL and Anfi Resorts. There will be an appeal against that judgement heard before the Provincial Court, although it will not be suspensive, that is to say it will not impede the…
For general notes on individual insolvency statistics in England and Wales please see the quarterly Insolvency Statistics publication, which is the definitive source of the number of new cases each year in England and Wales, and the rate per 10,000 adults. The latest document can be found on the gov.uk website. The annual statistics in…
Behind an old church in the heart of Preston in Melbourne’s north, a remarkable transformation is taking place. For years the vicarage at the back of St Mary’s Anglican church lay empty, the house growing mould inside, the garden overgrown with weeds and overrun with vermin. Now a team of urban agriculture farmers are turning…
