Bombay High Court holds that insolvency proceedings cannot be used to evade maintenance; petition dismissed for misuse of law | File Photo Mumbai, Nov 20: Expressing displeasure over misuse of insolvency proceedings, the Bombay High Court on Thursday rejected a suburban Mumbai dance teacher’s attempt to declare himself insolvent to avoid paying maintenance to his…
The cryptocurrency market crash took a drastic turn as the total market cap dropped to $3.13 trillion on Nov. 20. Bitcoin (BTC) crashed below the $87,000 price mark, down 2.45% in the last 24 hours. Related: Veteran trader who called 2018 Bitcoin collapse now predicts 35% crash Within the last 24 hours, more than $370…
Popular crypto company files for Chapter 15 bankruptcy as Bitcoin crashes TheStreet Read the original article here
Sredneuralsk, a satellite city of Yekaterinburg, has officially been declared insolvent. By order of the governor of Sverdlovsk region, external financial management has been imposed. The trigger was expenditures exceeding revenues by 18 million rubles. Against the backdrop of the oblast’s overall budget deficit of over 30 billion rubles, this amount seems minor, but it…
Dale Laverick, 41, and Alessandro da Silva, 42, used funds from their business K and L Restaurants Ltd to lease an Audi and a Lamborghini, the Insolvency Services has revealed. Both let the company, which ran the Caramba restaurants in York and Selby, to continue to trade for more than a year after it became…
Dale Laverick, 41, and Alessandro da Silva, 42, used funds from their business K and L Restaurants Ltd to lease an Audi and a Lamborghini, the Insolvency Services has revealed. Both let the company, which ran the Caramba restaurants in York and Selby, to continue to trade for more than a year after it became…
EU agrees to harmonise EU insolvency laws to enhance cross-border investments, capital markets Reuters Read the original article here
Caramba Steakhouse: Directors banned after seeking to lease luxury cars while firms had £100,000 debt Yorkshire Post Read the original article here
NCLT Dismisses Insolvency Proceedings Against Satchmo Holdings Following Rs. 70 Crore Settlement scanx.trade Read the original article here
Ban for directors who tried leasing luxury cars when firm owed more than £100,000 TheBusinessDesk.com Read the original article here