Syllabus for Limited Insolvency Examination

General Laws: The Negotiable Instruments Act, 1881The Transfer of Property Act, 1882The Code of Civil Procedure, 1908 (Sections 9, 10, 11, 26-32, 38- 45,60-64, 73, 75-78, 89 and Order 21) The Limitation Act, 1963The Prevention of Corruption Act, 1988 (Definition of public servant, Section 7-16 read with Section 29A of the Insolvency and Bankruptcy Code,…

TECO 2030 Subsidiary Bankrupt

Les på norsk. TECO 2030 AS is bankrupt with NOK 204 million in debt. That was reported by Finansavisen earlier this week. The board submitted the bankruptcy petition on Tuesday, a few hours before the Ringerike, Asker, and Bærum district court was to hear a bankruptcy petition from the Norwegian Tax Agency due to outstanding…

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Private equity group Crescent Capital’s Oceania Glass has gone bust, unable to compete with cheap Chinese imports

Australia’s only architectural glass manufacturer, Oceania Glass, has collapsed after its losses mounted because of cheap imports from China and rising manufacturing costs. Grant Thornton was appointed on Tuesday as administrator of the company, which employs 260 people and has a manufacturing plant in the outer Melbourne suburb of Dandenong. Loading… Read the original article…