Gujarat NRE Coke has filed for insolvency with the National Company Law Tribunal. The company is a producer of coke, which is used by industries such as the steel sector. The company, listed on both BSE and National Stock Exchange, owes Rs 3,200 crore to a group of lenders that include the…
Personal insolvency practitioners were paid 557,807 for advising people struggling with overall debts that totalled 397 million under the State-funded Abhaile financial aid scheme for the final three months of 2016. A previously unpublished analysis of the scheme, run through the Money Advice and Budgeting Service (Mabs), shows that the average payment made to the…
News Julia Irvine 23 Mar 2017 04:36pm A disgraced Huntingdon-based accountant has been jailed for eight years after stealing more than £5m from a charitable foundation set up by a lifelo… Read the full article at: http://economia.icaew.com/en/news/march-2017/accountant-jailed-for-defrauding-friend-of-5m
Personal insolvency practitioners were paid 557,807 for advising people struggling with overall debts totalling 397 million under the State-funded Abhaile financial aid scheme for the final three months of 2016. A previously unpublished analysis of the scheme, run through the Money Advice and Budgeting Service (Mabs), shows that the average payment made to the personal…
By Clara Denina and Maytaal Angel LONDON (Reuters) Liberty House, the industrial and commodities group that is buying up steel assets around the world, is considering investing in the troubled Italian Piombino mill as the global market picks up from a slump, two sources close to the matter said. The mill is owned by Algerias…
By Clara Denina and Maytaal Angel LONDON (Reuters) – Liberty House, the industrial and commodities group that is buying up steel assets around the world, is considering investing in the troubled Italian Piombino mill as the global market picks up from a slump, two sources close to the matter said. The mill is owned by…
A prominent Dundee businessman whose firm collapsed with the loss of dozens of jobs has been declared bankrupt after running up debts of more than £500,000. Hermann Twickler, 47, was placed into full administration following an action by the Accountancy in Bankruptcy service. Mr Twickler, a German national, ran companies including PressureFab an offshore container…
Over a quarter of adults in the North East say the state of their personal or household finances is having a negative impact on their mental health and wellbeing. New research by insolvency and restructuring trade body R3 and ComRes found that 27% of adults living across the region selected money issues as a cause…
The disgraced Birmingham solicitor struck off after being found guilty of misconduct for his role in an Iraq war crimes inquiry that collapsed has been declared bankrupt. Phil Shiner, who headed up city-based Public Interest Lawyers Ltd, could not afford to pay for legal representation at a Solicitors Disciplinary Tribunal last month. The tribunal ordered…
ASFA is again lobbying the government to boost the ATOs budget by millions to fund audit work into unpaid super entitlements. More than half a million employees are affected by unpaid superannuation entitlements each year, according to a report released by the ASFA this week. A 2015 report found at least 690,000 Australians lost an…