Those who don the IP hat are usually chartered accountants or business managers Veena Mani June 25, 2017 Last Updated at 23:53 IST Insolvency professionals (IPs) are the new kid in town in great demand particularly after the RBI asked bank… Read the full article at: http://www.business-standard.com/article/opinion/know-the-new-world-of-insolvency-professionals-117062500786_1.html
Tennis icon Boris Becker has rubbished reports he’s to split from his wife of eight years, Lilly Becker. The former Wimbledon champion, 49, has responded to rumours about his marriage with a tweet, in which he publicly describes the brunette beauty as his “love”. Posting an image of his model partner, the German sportsman captioned…
By Jabeen Waheed For Mailonline Published: 18:28 +10:00, 25 June 2017 | Updated: 20:08 +10:00, 25 June 2017 e-mail 51 View comments Boris Becker is reportedly splitting from his wife Lilly – a move which could potentially add to his financial woes. The three time Wimbledon tennis champion – who has been declared bankrupt over…
Within a year of the National Company Law Tribunal (NCLT) starting operations from June 2016, a total of 81 companies which had taken loans to the tune of Rs 14,260 crore have pleaded with the body seeking permission to be declared bankrupt under the Insolvency and Bankruptcy Code 2016. According to the NCLT, 81 cases…
By: ENS Economic Bureau | Mumbai | Published:June 24, 2017 2:03 am On Thursday, banks had decided to take Bhushan Steel, Essar Steel and Electrosteel Steels to NCLT for insolvency proceedings. Lenders, led by Punjab National Bank, on Friday decided to initiate proceedings against Bhushan Power & Steel under the Insolvency and Bankruptcy Code. Banks…
London: Former German tennis star Boris Becker has been declared bankrupt by a court in London after failing to pay a “substantial” long-standing debt since 2015. Laywers for the the three-time Wimbledon champion pleaded with a Bankruptcy Court registrar today to allow Becker a “last chance” to pay off the debt. But Registrar Christine Derrett,…
Mumbai: Lenders led by the State Bank of India on Thursday decided to begin insolvency proceedings against Bhushan Steel, Essar Steel and Electrosteel Steels by referring them to the NCLT for recovery under the Insolvency and Bankruptcy Code (IBC). The decision was taken at a marathon meeting chaired by the SBI. While Bhushan Steel is…
Introduction Measures to prevent insolvency warning signs Existing restructuring options Bankruptcy reform: what to expect Comment Introduction Luxembourg recently adopted a number of legislative reforms aimed at modernising the rules applicable to commercial companies. In relation to the restructuring and insolvency of Luxembourg-based entities, Parliament is discussing the long-awaited Bill 6539 (the so-called ‘Insolvency Bill’).…
Former German tennis star Boris Becker says he is surprised and disappointed after being declared bankrupt by a court in London for failing to pay a substantial long-standing debt. Lawyers for the three-time Wimbledon champion pleaded with a Bankruptcy Court registrar to allow Becker a last chance to pay off the debt, which dates back…
By: ENS Economic Bureau | Mumbai | Published:June 23, 2017 1:16 am According to a banker, Bhushan Steel, Electrosteel Steels and Essar Steel cases were taken up at a meeting of bankers and they decided to start the insolvency proceedings. (Source: File) Related News Banks have decided to initiate insolvency proceedings against three steel companies,…