NCLT Rejects Insolvency Plea, Orders Investigation Into Alleged CSR Fraud Involving Multiple Firms

Bankruptcy

NCLT rejects insolvency plea, directs probe into alleged CSR fraud and fraudulent transactions involving multiple firms | Representative Image Mumbai: The National Company Law Tribunal (NCLT) has rejected a plea filed by Andheri-based Enviro Home Solutions Private Limited, which sought to initiate a corporate insolvency proceedings against Santacruz-based firm, Max Publicity and Communication Private Limited.…

Scottish business insolvencies remained stable in 2024

Bankruptcy

Annual figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland remained stable in 2024. Scottish business insolvencies remained steady at 1,236 compared to 1,234 in 2023. Figures for December 2024, showed that there were 82 business insolvencies registered in Scotland, 24% lower than the number in December 2023. The business insolvencies…

Apartment developer declares insolvency owing $3.76m

Bankruptcy

Ngaiwi Developments owes Inland Revenue $2.3m, NZ Mortgages and Securities $793,000, Edenbay Properties $270,000 and unsecured trade creditors $479,000, the report said. Total debts are yet to be quantified but the only assets are $25,000 cash in the bank, according to Tony Maginness and Jared Booth. Stewart had the liquidators appointed when various factors combined…

Katie Price ‘alarms neighbours’ in rural Sussex over mounting rubbish outside her new £5,000 a month rental – just six months after relocating from her ‘Mucky Mansion’

Bankruptcy

A household name in the UK, Katie Price has lived out the highs and lows of life in the spotlight.  An open book with her fans, the mother-of-five has documented many of her woes on her various reality series and in tell-all interviews.  Having courted the limelight as a teenage glamour model, the public have…