Coffee Day Enterprises hits 20% upper circuit as NCLAT sets aside insolvency proceedings – MSN
Coffee Day Enterprises hits 20% upper circuit as NCLAT sets aside insolvency proceedings MSN Read the original article here
Luxembourg-linked Benko sells stake in New York’s Chrysler Building
Luxembourg-linked property tycoon René Benko’s insolvent Signa group has sold its shares in New York’s famous Chrysler Building, the insolvency administrator Christop Spaf announced on Monday. The Signa Group, owned by Austrian entrepreneur Benko, had acquired around half of the shares in the 319-metre-high skyscraper in 2019. This stake will now be held by Aby…
Construction boss jailed after moving £700,000 from failing companies into his own casino account
Wesley Grainger-Smith fraudulently removed more than £700,000 from four struggling construction companies between 2014 and 2017 Grainger-Smith was not the official director of any of the companies but acted in the capacity of a director and had significant influence over their affairs All the company funds Grainger-Smith withdrew were transferred into his casino gaming account …
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Consultant took £700k out of construction companies for gambling
A consultant has been sent to jail after funding a gambling habit with £700,000 defrauded from four construction firms before they went bust. Wesley Grainger-Smith, 66, of Gainsborough Road, Winthorpe, Nottinghamshire, was sentenced to two years and four months in prison by a judge at Lincoln Crown Court, the Insolvency Service said today. He had…
Winthorpe: Boss fraudulently moved £700k into casino account – BBC
Winthorpe: Boss fraudulently moved £700k into casino account BBC Read the original article here
Winthorpe: Boss fraudulently moved £700k into casino account – CBBC Newsround
Winthorpe: Boss fraudulently moved £700k into casino account CBBC Newsround Read the original article here
Construction boss jailed for siphoning off cash for casino
Wesley Grainger-Smith, 66, was sentenced to two years and four months in prison at Lincoln Crown Court last week. Grainger-Smith, of Winthorpe, had previously pleaded guilty to five counts of fraudulently removing company property at an earlier hearing. The Insolvency Service also discovered around £570,000 in cash deposits paid back to the companies, which investigators…
NCLAT condones delay in plea to initiate insolvency against PepsiCo, to list for hearing
New Delhi, Mar 3 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Monday condoned the delay over a plea to initiate an insolvency petition filed against food & beverage major PepsiCo India Holdings by one of its operational creditors and directed to list for hearings before a bench. The Registrar of the appellate tribunal…
Boss who moved £700k from failing firms into casino account jailed
A Nottinghamshire construction boss who fraudulently removed more than £700,000 from four failing companies and transferred the money to his casino account has been jailed. Wesley Grainger-Smith, 66, was sentenced to two years and four months in prison at Lincoln Crown Court on Friday, February 28. Grainger-Smith, of Gainsborough Road, Winthorpe, had previously pleaded guilty…