KUALA LUMPUR, July 3 – Fashion designer Datuk Jovian Mandagie has reportedly been declared bankrupt by the High Court here for failing to repay a RM5 million loan to a construction company. The Star reported that the court granted the bankruptcy order after Cekap Air Sdn Bhd filed a creditor’s petition over Jovian’s failure to…
[UPDATED]: High Court declares Jovian bankrupt after loan dispute NST Online Read the original article here
High Court declares Jovian bankrupt after loan dispute NST Online Read the original article here
KUALA LUMPUR: Fashion designer Datuk Jovian Mandagie has been declared bankrupt by the High Court over his failure to settle a RM5mil friendly loan to a company. Jovian married former prime minister Datuk Seri Ismail Sabri Yaakob’s daughter, Nina, on Dec 11, 2013. They divorced in 2024. Senior assistant registrar Muhammad Faisal Zulkifli issued the…
How Abengoa Group impacted the Spanish economy EY Read the original article here
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The tribunal rendered these observations while rejecting an application filed by the resolution professional (RP) of Shakti Bhog Snacks Limited under Section 54 of the IBC, seeking dissolution of the company on the ground that there are no assets, no ongoing business operations and no scope for its revival. The RP said that continuation of…
Increased HMRC activity could be causing the recent rise in Scottish company liquidations, according to an Aberdeen insolvency specialist. New figures from Creditsafe showed 141 new Scottish administrations and liquidations in May – the highest number since December 2022 when 142 cases were recorded. Michael Reid, Aberdeen-based partner and insolvency specialist at MHA, one of…
The tribunal rendered these observations while rejecting an application filed by the resolution professional (RP) of Shakti Bhog Snacks Limited under Section 54 of the IBC, seeking dissolution of the company on the ground that there are no assets, no ongoing business operations and no scope for its revival. The RP said that continuation of…
Half of Korea’s Petrochemical Firms Could Go Bankrupt Within 3 Years Without Restructuring Businesskorea Read the original article here