Dodgy insolvency practitioners will now find it harder to facilitate illegal phoenix activity under the governments new rules to restrict the voting right of certain creditors to prevent collusion. Assistant Treasurer Stuart Robert announced the introduction of the new insolvency practice rules that will restrict the voting rights of certain creditors related to a phoenix…
A COUPLE being investigated following an alleged 390million Caribbean property have been declared bankrupt. David Ames, 66, of Brock Hill, Wickford, and his wife Carol Ann, of the same address, appeared at Southend County Court last week. The couple, who are being investigated by the Serious Fraud Office, were made subject to bankruptcy orders by…
An investigation by ChannelNews has revealed that the directors behind BSR Group a Brisbane based custom installer Company have been the principle executives linked with three Companies that have been placed into liquidation since 2015. The three Companies are Digital Residence, Pure Innovations and Look & Listen which they took over earlier this year after…
Purchase declared insolvent Bank VTB claim Taskombank Sergey Tigipko. This became known from the sources of Economic truth. According to EP, for tenders for the selection of qualified investors filed Taskombank and Alfa-Bank. Alfa-Bank has not made payment, and the only contender left Bank Tigipko. On the balance sheet VTB-Bank there are about 600 properties,…
Boss of Bolton-based company that supplied construction workers has been disqualified for seven years for failing to declare all the companys tax liabilities. RBT Dryliners and Plasters UK Limited was incorporated in 2015 and supplied sub-contract labour to the construction industry. Roman Bogdan Piotrowski (45), from Manchester, was the sole director from April 2016 but…
TENNIS legend Boris Becker is locked in a divorce row over money. The German ace, who became Wimbledons youngest mens singles champion aged 17 in 1985, and wife Lilly have agreed to split. Boris Becker arrives at the Central Family Court in London Lawyers for the pair told Judge Sarah Gibbons that both had agreed…
RBT Dryliners and Plasters UK Limited was incorporated in 2015 and supplied sub-contract labour to the construction industry. Roman Bogdan Piotrowski (45), from Manchester, was the sole director from April 2016 but only a year later caused the company to enter into Creditors Voluntary Liquidation. This triggered an investigation by the Insolvency Service due to…
MUMBAI: Months after UAE-based BR Life emerged as the sole bidder for SevenHills Hospital, the BMC health department has given the green signal for the takeover after the private company agreed to clear all pending dues of the Marol hospital and also reserve 20% of the beds for poor patients. A BMC official said a…
The national anti-corruption Bureau of Ukraine (NABU) and Specialized anti-corruption Prosecutors office (SAP) began the investigation of the case against officials of the NBU, which are not declared insolvent Misto Bank of peoples Deputy Ivan Fursin. As reported Finbalance, SAP on the basis of a complaint by the company Kahovka Prom-agro has made the information…
In a move that could potentially enable in finding a suitor under the corporate insolvency resolution process (CIRP), the National Company Law Tribunal-Hyderabad has extended the deadline to evaluate some plans. The Hyderabad-based hospitality chain Viceroy Hotels Limited may perhaps find a suitor, with the NCLT extending the deadline for resolving the case. The Judicial…