In a significant blow to the regional food production sector, the Bursa 1st Civil Court of Intellectual and Industrial Rights has officially ordered the bankruptcy of the Turkish wafer giant Master Choco Gıda. Despite an eight-year run that saw the company become a major player in wafer and chocolate production, a final attempt to restructure…
The Australian Taxation Office has signalled it will take a practical and proportionate approach to enforcement during the fuel crisis, after calls by small business groups for COVID-style tax relief. Council of Small Business Organisations chief Skye Cappuccio urged the ATO to respond to the current crisis, warning that surging fuel prices, added to rising…
The Nifty dropped 775.65 points, or 3.26 per cent, to close at 23,002.15, while the Sensex fell 2,496.89 points, or 3.26 per cent, to settle at 74,207.24.Twitter The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by the BSE, ruling that insolvency courts have the authority to order the defreezing of Demat accounts…
Salisbury-based Antony Batty & Company Ltd has urged hospitality business owners to be aware of potential warning signs arising from challenges arriving in April. James Stares, a director at Antony Batty & Company, said: “Hospitality enters April 2026 in an already fragile position where insolvencies in pubs, restaurants, bars, and hotels remain well above pre-pandemic…
Appellate tribunal says NCLT has jurisdiction under IBC to defreeze Demat accounts during insolvency proceedings NCLAT upholds NCLT’s power to defreeze Demat accounts The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, in which the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses…
Gareth Sowter, 51, of Lower Road, Great Amwell, was declared bankrupt in April 2021 after failing to pay more than £100,000 to the prep school attended by his three sons. He promised to use a sizeable inheritance to settle the debts, but instead transferred more than £100,000 to his friends and family, breaking insolvency laws.…
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DJ setup using Native Instruments’ Traktor software, photo credit: IMAGO/Depositphotos Berlin pumps out a lot of cutting-edge music, and behind the sounds the city produces is an industry that develops the tools and instruments that make it all possible. Earlier this year, one of the city’s largest and longest-running companies that develops such products, Native…
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