Dear Sir/Madam,This is to inform you that pursuant to the Regulation 19 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the Interim Resolution Professional of the Company has called the first meeting of the Committee of Creditors of Kwality Limited, which is schedule to be held on…
With the corporate insolvency law nearly fully rolled out, the focus of the government is likely to shift towards implementation of what is probably the more difficult part of the Insolvency and Bankruptcy Code. With the corporate insolvency law nearly fully rolled out, the focus of the government is likely to shift towards implementation of…
The collapse of Alpha in May meant structural warranty policies with the company ended immediately. Advantage offers advice on how to ensure vital cover is maintained Thousands of new homeowners have been left without vital structural defects insurance after insurance carrier Alpha went bust. Many homeowners who require the 10-year structural defects insurance will still…
Business leaders may increasingly find themselves falling afoul of the law, with an insolvency specialist warning that a looming credit squeeze could see the volume of such cases increase rapidly. Ginette Muller (pictured), of insolvency firm Jirsch Sutherland, said that the property downturn and banking royal commission are weighing heavily on banks and lenders, which…
NOIDA: The 3C Company on Thursday became the third major Noida-based developer after Jaypee and Amrapali to become embroiled in insolvency proceedings. In response to a plea by buyers who have not received their flats, the National Company Law Tribunal (NCLT) appointed an interim resolution professional to resolve the financial liabilities of Granite Gate Company,…
newsletters, editors-pick-list, Martin Building Services, liquidation, builder, Denis Martin, James Shaw, Shaw Gidley, insolvency ONE of the Hunters best-known homegrownbuilders, Martin Building Services, has foldedwith debts of almost $10 million. The company, which began in Maitland almost 20 years ago, was placed in the hands of insolvency expertsin December at the request of director and…
Corporate restructuring & advisory Excellent service and legal advice from a team specialising in insolvency delivering an amazing client experience for major high street lenders, insolvency practitioners and companies in the UK. Our team of skilled national corporate restructuring lawyers has a broad range of experience across the full spectrum of insolvency related matters, with…
The Fair Work Ombudsman (FWO) and Australian Tax Office (ATO) will be given new powers to pursue company directors trying to skip out on paying their employees in the event of insolvency under laws that have passed the House of Representatives. The reform, which is expected to pass through the Senate, aims to crack down…
Debt: Why more people are pressing the bankruptcy button By Kevin Peachey Personal finance reporter 20 January 2017 Image copyright Thinkstock A hug, a dance and a song is hardly the reaction you would expect from someone just about to be declared bankrupt. The threat of losing your home, a year of financial restrictions, three…