Former SAS: Who Dares Wins star Ant Middleton has been banned from being a company director, after his company failed to pay more than £1m tax. The Insolvency Service said Mr Middleton and his wife, Emilie, “were taking millions of pounds out of” their company when it should have been paying the tax instead. The…
Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot startup and rising star on Wall Street before becoming enmeshed in scandal and its founder was convicted in 2022 for misleading investors about the Arizona…
PUTRAJAYA (March 30): The rising trend of individuals declaring bankruptcy voluntarily is becoming a growing concern, signalling that many are struggling with severe financial difficulties. In recent years, more people have opted to declare themselves bankrupt through a Debtor’s Petition, a legal process filed in court to protect themselves from excessive creditor claims. Expressing concern…
Royole Technologies, a pioneer in foldable display technology and the creator of the world’s first commercial foldable smartphone has declared bankruptcy. Despite its early lead and innovative products, the company struggled financially, leading to its demise. According to IT Home, Finance Sina, and East Money, an announcement from the Shenzhen Municipal Intermediate People’s Court stated…
Growing trend in self-declared bankruptcy cases, says DG Free Malaysia Today Read the original article here
IndusInd International assumes control of Reliance Capital as Anil Ambani’s co withdraws petition MSN Read the original article here
Growing trend in self-declared bankruptcy cases, says DG MSN Read the original article here
Access Denied You don’t have permission to access “http://www.business-standard.com/companies/news/rcap-lenders-withdraw-petition-against-indusind-international-at-nclat-125033000174_1.html” on this server. Reference #18.d1672817.1743314985.3bbe1c51 https://errors.edgesuite.net/18.d1672817.1743314985.3bbe1c51 Read the original article here
PUTRAJAYA: The rising trend of people declaring themselves bankrupt is a concern as it shows many are struggling with severe financial difficulties, says the Insolvency Department director-general Datuk M. Bakri Abd Majid. In recent years, more people have opted to declare themselves bankrupt through a Debtor’s Petition, a legal process to protect themselves from excessive…
Insolvency DG warns of rising trend in self-declared bankruptcy The Malaysian Reserve Read the original article here