Allan Endresz declared bankrupt in Federal Court by Justice Jacqueline Gleeson – The Border Mail

Albury businessman and prominent racehorse owner Allan Endresz has been declared bankrupt for a fourth time, but is refusing to concede defeat in his marathon legal battle with the federal government. His latest legal setback came this week in the Federal Court where the Commonwealth had applied for a sequestrian order and Justice Jacqueline Gleeson…

Allan Endresz declared bankrupt in Federal Court by Justice Jacqueline Gleeson – The Border Mail

Albury businessman and prominent racehorse owner Allan Endresz has been declared bankrupt for a fourth time, but is refusing to concede defeat in his marathon legal battle with the federal government. His latest legal setback came this week in the Federal Court where the Commonwealth had applied for a sequestrian order and Justice Jacqueline Gleeson…

Invoke insolvency proceedings against guarantors, banks told – The Tribune India

New Delhi, August 27 The Finance Ministry has asked public sector banks to monitor cases where insolvency proceedings could be initiated against individuals who are guarantors of corporate debtors that have defaulted on loans. The Insolvency and Bankruptcy Code (IBC) provides for a time-bound and market-linked resolution of stressed assets. The Code also provides for…

Delhi HC stays insolvency proceedings against Anil Ambani over Rs 1,200 crore debt to SBI – Business Today

In a big relief to Reliance Group Chairman Anil Ambani, the Delhi High Court on Thursday stayed Insolvency & Bankruptcy Code (IBC) proceedings against the tycoon in a matter pertaining to a personal guarantee given by him against a loan taken from State Bank of India (SBI) by Reliance Communications Ltd (RCom) and Reliance Infratel…