The Insolvency Service is to deploy artificial intelligence to root out rogue directors who deliberately fold their companies to dodge tax and walk away from their debts, but the agency has admitted its new taskforce cannot fix an £800 million problem on its own. The chancellor committed £25 million over five years in November’s budget…
Ola Electric share price dropped as much as 5.3 per cent to an intra-day low of Rs 42.10 apiece. At noon, the stock was trading 5.02 per cent lower, even as the benchmark Nifty index was up 0.78 per cent. According to multiple reports, Sterling and Anevolve Mando, both suppliers to Ola Electric Technologies Private…
Restructuring and insolvency practice Business Rescue Expert (BRE) has bolstered its North West operation with the appointment of Gareth Hunt. Insolvency Practitioner Hunt has joined the firm’s Manchester office from RPG, where he was head of business recovery. He brings more than 20 years’ experience in the debt advisory and insolvency sector, handling corporate and…
The man behind a bold vision to develop a creative precinct in the heart of Launceston with enthusiastic state government and council backing may have been running insolvent companies at the time, according to liquidator reports, ultimately racking up debts estimated at more than $16 million. Launceston entrepreneur Chris Billing, the operator of defunct creative…
The National Company Law Appellate Tribunal (NCLAT), New Delhi, has held that the benefit of set-off under the IBBI (Liquidation Process) Regulations, 2016 is available only where the mutual dealings are between the same parties and cannot be invoked to adjust dues owed by other group companies. The bench of Judicial Member Justice R.N. Seshasayee,…
The IBC-PMLA Conflict clarifies that insolvency proceedings cannot shield assets alleged to be proceeds of crime from attachment under the PMLA. IBC-PMLA Conflict Latest News Background of the Case Siddhi Vinayak Logistics Ltd. is at the centre of this dispute. Its promoters are accused of serious financial crimes — bank fraud, forgery, criminal conspiracy, and…
Founded by Caroline Bolduc and David Herz in 2009, Bold Canine manufactures frozen raw food for dogs and cats under the Bold by Nature brand from a leased plant in Erin, Ontario. Its production process uses specialized equipment to form food patties and liquid nitrogen equipment to freeze and cool raw ingredients. The company employed…
Saxon, Furniture 05.07.2026 – 22:05:45 | boerse-global.de OKA office furniture restarts with 100+ workers after asset deal. Meanwhile, ViewSonic, Philips, Asus, and AOC launch 4K OLED, curved, and high-refresh monitors for modern workplaces. Saxon – Saxon Furniture Maker OKA Restarts Production After…
Insolvency Service will use AI to identify rogue directors The Times Read the original article here
NCLT directs Entertainment City to register minority stake in favour of Parmesh Construction ET Realty Read the original article here