Michael King of MFS made bankrupt

Michael King, the former equestrian-centre owning head of funds management group MFS, has been made bankrupt in a stoush with the corporate regulator. The bankruptcy was declared on Monday, with a judgment also revealing the Australian Securities and Investments Commission chalked up nearly $15 million in costs fighting multiple cases involving Mr King and other…

Jetts Sydney gym declared insolvent

The Jetts gym in Sydney’s Haymarket is among a rising number of business failures recorded in November. NSW recorded 132 businesses in the state becoming insolvent last month, the highest number in Australia. The Jetts Haymarket gym, one of the largest in the Sydney CBD and a once-popular exercise location, was forced into liquidation owing…

Sebi to tweak fit and proper criteria; approves launch of silver ETFs – Business Standard

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…

10,317 individuals declared bankrupt during MCO period: Ismail – Daily Express

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…