He also addressed ‘false and damaging’ rumours being spread about him 13:21, 06 Jul 2026Updated 13:52, 06 Jul 2026 Jon Stafford leading his band Haunt the Woods at The Kernowfornia Festival(Image: Submitted) The organiser of two arts and music festivals has come out to say how devastating the collapse of the two events has been…
If your employer goes bankrupt, do you risk losing your provident fund (PF) and gratuity? The short answer is no. However, while employees remain entitled to these dues, recovering them may still take time if the company is undergoing insolvency proceedings. Open FREE Demat Account within minutes! Join now The issue has come into focus…
Supreme Court Likens AI Hallucinations To Gas Behind Bhopal Gas Tragedy, Sets Aside CIRP Orders Over Fake Case Law Case Title : POOJA RAMESH SINGH Versus JAMMU AND KASHMIR BANK LTD AND ANR. Case Number : C.A. No. 11950/2025 Comparing fake AI-generated legal material to the release of methyl isocyanate (the gas behind the Bhopal…
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…