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Category Archives: Bankruptcy

Ex-Ireland manager Staunton declared bankrupt – Irish Independent

BankruptcyBy Insolvency GuardianNovember 27, 2016

Former Ireland player and manager Steve Staunton was declared bankrupt in April Picture: Damien Eagers Former Ireland football manager and international player Steve Staunton has been declared bankrupt in the UK. Documents filed with the courts in Britain show that Mr Staunton (47), who is originally from Co Louth, was declared bankrupt in April of…

Insolvency and Bankruptcy Board sets up two advisory panels – Economic Times

BankruptcyBy Insolvency GuardianNovember 27, 2016

NEW DELHI: Putting in place the operational framework for insolvency and bankruptcy law, IBBI is being assisted by two advisory panels with inputs on various aspects, including on service providers and corporate liquidation. IBBI has been set up under the Insolvency and Bankruptcy Code that seeks to consolidate and amend laws relating to reorganisation as…

Number of insolvencies jumps by a fifth in England and Wales – The Guardian

BankruptcyBy Insolvency GuardianNovember 27, 2016

The number of people becoming insolvent across England and Wales leapt by a fifth in the third quarter of 2016, with experts warning that the numbers could continue to increase as the cost of living rises following the UKs Brexit vote. There were 24,251 personal insolvencies between July and September, marking a 19.3% increase compared…

Insolvency and Bankruptcy Board sets up two advisory panels – The Indian Express

BankruptcyBy Insolvency GuardianNovember 27, 2016

By: PTI | New Delhi | Published:November 27, 2016 3:58 pm Putting in place the operational framework for insolvency and bankruptcy law, IBBI is being assisted by two advisory panels with inputs on various aspects, including on service providers and corporate liquidation. IBBI has been set up under the Insolvency and Bankruptcy Code that seeks…

Institute of Company Secretaries of India forms Insolvency Professional Agency – The Indian Express

BankruptcyBy Insolvency GuardianNovember 26, 2016

By: PTI | Kolkata | Published:November 26, 2016 3:50 pm Institute of Company Secretaries of India (ICSI) has formed an Insolvency Professional Agency and had applied to the Insolvency and Bankruptcy Board for its registration.The Insolvency and Bankruptcy Code of India has got the Presidents assent and is now in place. ICSI thus has formed…

ICSI forms Insolvency Professional Agency – Business Standard

BankruptcyBy Insolvency GuardianNovember 26, 2016

Institute of Company Secretaries of India (ICSI) has formed an Insolvency Professional Agency and had applied to the Insolvency and Bankruptcy Board for its registration. “The Insolvency and Bankruptcy Code of India has got the President’s assent and is now in place. ICSI thus has formed an Insolvency Professional Agency for which we…

Hundreds of people in Co Durham paid to be shell company directors – The Guardian

BankruptcyBy Insolvency GuardianNovember 25, 2016

Hundreds of people in a former steel town in north-east England have been revealed to be directors of a range of pornography, dating, diet and travel websites. An investigation by the Reuters news agency found that at least 429 residents of Consett, County Durham, had been or still were being paid to serve as directors…

The quiet town in Britain that became a porn hub – The Independent

BankruptcyBy Insolvency GuardianNovember 25, 2016

John Mawson and his wife Sandra live in a cramped one-storey home on a hill near Consett, an old steel town in the north east of England. They have been company directors for years, and between them serve 15 firms. But John had no idea what their companies did until a few years ago, when…

What’s been done and what hasn’t been done in reaching lofty goals? – Kyiv Post

BankruptcyBy Insolvency GuardianNovember 25, 2016

In 2014, Ukraine unveiled an ambitious roadmap to prosperity by 2020. The varied aims include applying for European Union membership, becoming one of the top 30 countries in the World Banks Doing Business ranking, overhauling the civil service and winning at least 35 medals at the 2020 Olympics in Tokyo. Two years later, progress has…

Only fraction of credit card holders declared bankrupt – The Star Online

BankruptcyBy Insolvency GuardianNovember 24, 2016

ONLY 1,022 out of 3.6 million credit card holders have been declared bankrupt for failing to settle debts from January to June this year, says Deputy Finance Minister Datuk Othman Aziz. A majority of them were aged 45 and above, and only 10 of them were between 21 and 30 years old, he added. To…

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