Fortis Insolvency selects encompass verify for KYC compliance – Finextra

Business and personal insolvency experts, Fortis Insolvency, has selected encompass verify to support and enhance their Know Your Customer (KYC) compliance processes. Manchester-based Fortis Insolvency provide advice and support to business and individuals across the north west who may be facing financial and operational issues. The only provider of simultaneous, real-time access to multiple sources…

Bankrupt owner of Stepping Stone apologises to creditors for $236000 debt – Central Western Daily

CLOSED: The former site of Stepping Stone restaurant. Photo: PHIL BLATCH 0904pbanson3 The bankrupt owner of the failed Orange restaurant Stepping Stone has apologised for leaving creditors with debts totalling $236,974. Tom Grasso closed the Anson Street restaurant in May as the debts mounted and was declared bankrupt on June 27. Orange wineries, suppliers, caterers, a…

SC stays insolvency proceedings against Jaypee Infratech before NCLT – Moneycontrol.com

Sep 04, 2017 01:17 PM IST | Source: CNBC-TV18 Around 32,000 homebuyers, who have not yet been given their flats as promised by Jaypee especially in the Delhi NCR region, face uncertainty over their investment in housing projects by the insolvency order The Supreme Court Monday stayed the insolvency proceedings against Jaypee Infratech, ruling in favour…

Big relief for Jaypee homebuyers: SC stays NCLT proceeding against builder – Economic Times

In a big relief for Jaypee homebuyers, the Supreme Court has stayed the National Company Law Tribunal (NCLT) proceedings against the builder. The NCLT had, while acting on an insolvency plea, filed by Jaypee Infratech Limited stayed all pending proceedings before all judicial and quasi-judicial bodies leaving aggrieved homebuyers with no legal remedies, buyers had…