Ex-prime minister Najib Razak is appealing the High Court’s dismissal of his bid to stay bankruptcy proceedings over RM1.69 billion in unpaid taxes owed to LHDN for the 2011 to 2017 assessment years. PUTRAJAYA: Former prime minister Najib Razak risks being declared bankrupt and having his financial affairs placed under the insolvency authority if he…
SUPREME COURT Special Court Cannot Hear Private Complaints In Companies Act Fraud Cases; Only SFIO Can File: Supreme Court The Supreme Court on Friday held that a special court cannot entertain a private complaint in cases involving fraud under the Companies Act. It ruled that where an offence attracts punishment under the fraud provision, cognisance…
Move to liquidate company behind former SH1 cafe dropped The Press Read the original article here
The new owners of One Canal Place, the 32-story office tower at the foot of Canal Street, have filed for Chapter 11 bankruptcy protection less than three months after acquiring the high rise for $28 million. Brothers Michael and David Shabsels, New York-based real estate investors who acquired One Canal Place in March, placed their sprawling…
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The company that popularized the spit ancestry test went bankrupt, and the greatest treasure it had to sell was not machines or buildings, but the genetic code of millions of customers The genetic data of 15 million people overnight became a bankruptcy commodity. The American company 23andMe, which popularized the home ancestry test where the…
REVEALED: Latest business liquidations in Moreland Herald Sun Read the original article here
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His wife, Sigita Baranauskienė, told Delfi in an interview that they are living “a modest life” in Moscow, where they have rented an apartment for many years, do not own a car, and travel everywhere by Moscow Metro. The woman likened her and her husband’s life in Russia to exile. She insisted that her spouse…
Dynamic recently entered insolvency proceedings, but this morning the court approved its sale to the Ronen Elad Holdings Group for NIS 178 million. Chairman Elad: “We believe in the company’s potential, in the technology, and above all in the dedicated employees” The court approved this morning (Thursday) the sale of the Dynamic Wet Wipes company…