Caution on giving bankrupts right to sue – Daily Express
Caution on giving bankrupts right to sue Daily Express Read the original article here
Fears over more business insolvencies in Hampshire
Insolvency-related activities in Hampshire and the South East have slightly decreased, a report has revealed. Trade body R3’s analysis of Creditsafe data showed a drop from 211 in November to 203 in December. This figure is still significantly lower than October’s 293, the highest since March 2022. Neil Stewart, chairman of R3’s Southern and Thames…
NCLT Rejects Insolvency Plea, Orders Investigation Into Alleged CSR Fraud Involving Multiple Firms
NCLT rejects insolvency plea, directs probe into alleged CSR fraud and fraudulent transactions involving multiple firms | Representative Image Mumbai: The National Company Law Tribunal (NCLT) has rejected a plea filed by Andheri-based Enviro Home Solutions Private Limited, which sought to initiate a corporate insolvency proceedings against Santacruz-based firm, Max Publicity and Communication Private Limited.…
Scottish business insolvencies remained stable in 2024
Annual figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland remained stable in 2024. Scottish business insolvencies remained steady at 1,236 compared to 1,234 in 2023. Figures for December 2024, showed that there were 82 business insolvencies registered in Scotland, 24% lower than the number in December 2023. The business insolvencies…
Apartment developer declares insolvency owing $3.76m
Ngaiwi Developments owes Inland Revenue $2.3m, NZ Mortgages and Securities $793,000, Edenbay Properties $270,000 and unsecured trade creditors $479,000, the report said. Total debts are yet to be quantified but the only assets are $25,000 cash in the bank, according to Tony Maginness and Jared Booth. Stewart had the liquidators appointed when various factors combined…
Akshay Kumar insolvency plea against Cue Learn dismissed
Bollywood actor Akshay Kumar recently faced a setback in his legal battle as the National Company Law Tribunal (NCLT) dismissed his insolvency petition against the ed-tech company Cue Learn Pvt. Ltd. The dispute revolves around an endorsement agreement Kumar signed with Cue Learn in March 2021, for a total fee of ₹8.10 crore. According to…
Googly from BCCI: Breather for Byju’s? – Opinion News
By R. Chandra Mouli Filing an insolvency petition can work wonders, especially in an ecosystem that favors creditors, further to the constitution of the National Company Law Tribunal. If you want to know when NCLT was established, the answer can be found in the Exam Prep lessons – published by Byju’s. India vs Australia 4th…
Regional insolvency-related activity decreases but pressures remain
Swindon & Wiltshire Economy Wednesday January 22 2025 Author Name: Peter Davison Insolvency-related activity in the Thames Valley and Wiltshire has decreased slightly says R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe showed a minor drop in insolvency-related activities from 211 in November to 203 in December. The…
Katie Price ‘alarms neighbours’ in rural Sussex over mounting rubbish outside her new £5,000 a month rental – just six months after relocating from her ‘Mucky Mansion’
A household name in the UK, Katie Price has lived out the highs and lows of life in the spotlight. An open book with her fans, the mother-of-five has documented many of her woes on her various reality series and in tell-all interviews. Having courted the limelight as a teenage glamour model, the public have…
Oswaldtwistle plasterer lied about income to get £50k Covid loan
Lynette Horsburgh BBC News, Lancashire Getty Images John Allen, who has since been declared bankrupt, was also ordered to pay £3,600 in compensation A plasterer fraudulently exaggerated his turnover by more than £200,000 to take up huge business loans during the coronavirus pandemic and blew the money on “gambling and fantasy football”. Jordan Allen “blatantly”…