Pisit, who offered his legal service to the girls mother for free, told police that he deducted a Bt500,000 lawyers fee from the Bt4 million compensation he had received on the victims behalf, city police chief Lt-General Sanit Mahathavorn told a press conference on Monday. He claimed the money was to fund his PhD education,…
Moneycontrol News Inox Wind shares fell nearly 7 percent in morning trade Monday despite the company’s clarification on issues related to insolvency proceedings and Jeena case against it. Last week media reports indicated the wind energy service provider is headed for insolvency, after the National Company Law Tribunal’s Chandigarh bench (NCLT) ordered commencement of the…
Pisit and Thitapa, or Pattharawadee Sawasdee, were nabbed on Sunday night at the parking lot of condominium in Soi Ram-Indra 125 in Bangkok’s Min Buri district. The Taling Chan provincial court had earlier issued arrest warrants for the duo, along with another alleged female accomplice, Pornpaveen Chukaew. Pasit and Pornpaveen are accused of…
Identity of Securitas chief executive stolen, bankruptcy filed The chief executive of Swedish security firm Securitas AB, Alf Göransson, has been declared bankrupt after having his identity stolen. The company announced on Wednesday in a release that a fraudulent loan application in Göransson’s name was made in March. As a result, Göransson was declared bankrupt…
Enterprise cloud giant Salesforce.com has been caught in the collapse of private training provider Careers Australia Group and potentially more technology suppliers, big and small, might be wandering in the debris field. Careers Australia entered voluntary administration in May shortly after it was stripped of accreditation for federal funding support. Administrator PPB has so far…
Becker struck the deal in 2013, partly brokered by a Nigerian employee of his But the investments tanked and last month he was declared bankrupt His lawyer told a London court that he is not financially ‘sophisticated’ Becker is bankrupt, and owes undisclosed sums to London bankers By Daily Mail Reporter Published: 07:47 +10:00, 17…
KOLKATA | MUMBAI: As banks try and resolve the bad loans that have burdened the industry, insolvency professionals stand to get a big career boost. Chartered accountants, cost accountants and company secretaries are said to be rushing to get themselves qualified in hundredsand this is just the beginning. If the bankruptcy process unfolds as its…
MUMBAI: Wind energy solutions provider Inox Wind (IWL) is challenging the National Company Law Tribunals Chandigarh bench order on insolvency, claiming it is solvent and in “excellent” financial health. ET had exclusively reported on Saturday that NCLT passed an order on July 5, clearing way for the insolvency of the company after an ‘operational creditor’…
Inox Wind Limited (IWL), which is facing insolvency proceedings over unpaid dues of Rs 57 lakh to its Customs agent, has asked the National Company Law Tribunal (NCLT) to quash the case. “IWL has preferred an appeal before the National Company Law Tribunal (NCLT), praying that the said proceedings be quashed. The matter…
NEW DELHI: The Insolvency and Bankruptcy Code has segregated judicial and commercial aspects of the insolvency process whereby stakeholders have the right to decide on what suits them, IBBI chairperson M S Sahoo said today. The Code, which became operational in December last year, provides for a market-determined and time-bound insolvency resolution process. The Insolvency…