KUALA LUMPUR: The Malaysia Department of Insolvency says 64,632 Malaysians aged between 18 and 44 have been declared bankrupt over the last five years. Additionally, 13,338 have also been declared bankrupt as of September this year. The data highlights the importance of financial literacy in family institutions, said Deputy Prime Minister Datuk Seri Dr Wan…
Dear Sir / Madam, In addition to our earlier disclosure made on 02nd May 2018, 11th May 2018, 20th June 2018, 12th July 2018, 27th July 2018, 20th August 2018, September 03, 2018, October 01, 2018, October 10, 2018, October 22, 2018 and October 24, 2018, we would like to inform you that the Honble…
Gurpal Singh Atwal (47), of Oadby, Leicester was a self-employed taxi driver and former councillor for Oadby and Wigston Borough Council before becoming bankrupt in November 2017, having presented his own petition. However, investigators from the Insolvency Service found that after the bankruptcy order, Gurpal Atwal transferred 600,000 worth of land he owned in India…
Founded in 2008 by Partners Kim Strickland and Chris Williamson, WA Insolvency Solutions (WAIS) has evolved into an industry leader in Voluntary Administrations and Creditors Voluntary Liquidations. COMPRISING of four Partners including David Hurt and Jimmy Trpcevski, experienced Principals, Managers, Business Directors and other professional support staff, the WAIS team has grown from 12 to…
The FINANCIAL — It is that time of year again when our world starts revolving around the World Banks Doing Business publication. It is a time when we once more have the chance to brag about how easy it is to start a business in Georgia, about how small the tax burden on…
Two directors and a former solicitor banned by courts for 21 years after conspiring to remove close to 700,000 worth of property from failed caravan company. Liberty Joseph Durant (70), Joseph Price (54) and David Alan Borland (66) appeared at Lincoln Crown Court on 12 November 2018 where in addition to the director disqualifications, they…
The bitter dispute between AfriForum and the EFF has intensified over the last week, and it has lead to the former demanding that Julius Malema is declared bankrupt by the courts. Kallie Kriel is the AfriForum CEO. On Sunday, he lifted the lid on just how much the red berets owe their political nemeses. After…
The Company informs your good Office that the Resolution Professional with the approval of Committee of Creditors of the Company had filed an application before Honble NCLT, Mumbai seeking extension of the period of Corporate Insolvency Resolution Process (CIRP) of the Company by 90 days in terms of Section 12(2) of the Insolvency and Bankruptcy…
A Buxton shoe firm which employed 50 staff has gone into voluntary liquidation. The decision was taken after Bells Shoes lost an account with Clarks which accounted for nearly half of the firms 18m turnover. Redfoot Shoes, which is based in Bacup in East Lancashire, has announced it is investing over 1m to develop the…
A Buxton shoe firm which employed 50 staff has gone into voluntary liquidation. The decision was taken after Bells Shoes lost an account with Clarks which accounted for nearly half of the firms 18m turnover. Redfoot Shoes, which is based in Bacup in East Lancashire, has announced it is investing over 1m to develop the…