IBBI flags IBC misuse to cut tax bills, avoid probes and close firms without scrutiny – Moneycontrol.com
IBBI flags IBC misuse to cut tax bills, avoid probes and close firms without scrutiny Moneycontrol.com Read the original article here
York restaurant company goes into liquidation owing Home Office £90,000 | YorkMix
A York restaurant company has gone into liquidation owing thousands to the Home Office in fines. Sky Blue York Ltd, which formerly ran the Sky Blue Chinese Restaurant on Barbican Road, owes more than £100,000 to creditors. Of that, £90,000 is owed to the Home Office. The company appointed a voluntary liquidator, Jasmine Baxter from…
IBBI alerts insolvency professionals against misuse of IBC framework for tax avoidance and evading investigations – indiagazette.com
IBBI alerts insolvency professionals against misuse of IBC framework for tax avoidance and evading investigations indiagazette.com Read the original article here
IBBI Urges IPs: Prevent IBC Misuse, Ensure Due Diligence: Rediff Moneynews
IBBI directs insolvency professionals to conduct due diligence and prevent misuse of the IBC framework for tax evasion or avoiding scrutiny, citing potential indicators. Key Points IBBI has instructed insolvency professionals to perform due diligence to prevent misuse of the insolvency framework. The regulator noted that the IBC framework is being misused for purposes like…
No Cookies | Herald Sun
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No second chances for bankrupt company’s appeal
Summary: When a receiver is appointed under both the BIA and provincial receivership legislation, the BIA’s appeal rules govern, and paramountcy blocks any resort to the provincial route. Applying this, the Court of Appeal refused the Debtors leave to appeal an Approval and Vesting Order and an Ancillary Relief Order tied to the sale of…
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Veganz successor Planethic Group enters self-administered insolvency – Dealroom
Veganz successor Planethic Group enters self-administered insolvency Dealroom Read the original article here
Jamie Carragher responds to ‘£800k’ bankruptcy case after being teased by Kate Abdo – talkSPORT
Jamie Carragher responds to ‘£800k’ bankruptcy case after being teased by Kate Abdo talkSPORT Read the original article here
No Cookies | Daily Telegraph
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…