Mumbai: Close on the heels of the Subhash Chandra loan repayment controversy, the bankruptcy regulator-the Insolvency and Bankruptcy Board of India (IBBI) has issued a circular on Wednesday directing Insolvency Professionals (IPs) to remain vigilant regarding the potential misuse of the insolvency framework. The IBBI said that it has received information from law enforcement and…
Crest V Ardmore: Blo Appeal In The English Courts Derailed By Insolvency? JD Supra Read the original article here
Company behind familiar Salutation Square dealership has closed, while separate Greens Motors business at Withybush remains trading ONE OF Haverfordwest’s best-known motor trade names has gone into liquidation after the closure of its prominent town dealership. Pembroke Motor Services Limited, better known locally as PMS, entered creditors’ voluntary liquidation on August 28, with Gareth Stones…
State-owned telecoms company lost R831.3 million in five years and is technically insolvent Daily Investor Read the original article here
SINGAPORE – Mary Chia Beauty & Slimming Specialist appeared in court on Sept 10 over outstanding Central Provident Fund (CPF) contributions, amid separate financial and legal troubles involving its listed parent company. The State Courts heard that the beauty company had $50,208 in outstanding CPF contributions. A partial payment of $11,291 had been made the…
SINGAPORE – Mary Chia Beauty & Slimming Specialist appeared in court on Sept 10 over outstanding Central Provident Fund (CPF) contributions, amid separate financial and legal troubles involving its listed parent company. The State Courts heard that the beauty company had $50,208 in outstanding CPF contributions. A partial payment of $11,291 had been made the…
Enerparc files for insolvency pv magazine India Read the original article here
Could Saifuzzaman Chowdhury be declared bankrupt in the UK? The Business Standard Read the original article here
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The Ahmedabad Bench of the National Company Law Tribunal (NCLT) on 19 August dismissed an insolvency petition filed by A.R. Company against Sadbhav Engineering Limited over unpaid dues arising from the supply of road and building construction materials. A Bench comprising Judicial Member Chitra Hankare and Technical Member Dr V.G. Venkata Chalapathy observed: “The claim…