Doughnut Time Founder Damian Griffiths Reportedly Owes The ATO A Million Bucks – Pedestrian TV

Damian Griffiths, the deeply, deeply embattled founder of the previously-swiftly-expanding Doughnut Time chain, owes the ATO a cool $1 million, according to a statement from Worrells Solvency and Forensic Accountants. Raj Khatri had been appointed as trustee of Griffiths bankrupt estate by the debtors. The statement notes that the ATO is Griffiths single biggest creditor: The…

Binani Cement insolvency: UltraTech Cement, Binani Industries move NCLT against CoC vote – Business Today

Binani Cement’s journey towards insolvency resolution can be summed up as one step forward, two new speed-breakers ahead. Last week, after the Committee of Creditors (CoC) for the beleaguered firm voted in favour of the resolution plan submitted by the Dalmia Bharat-Bain Piramal Resurgence Fund consortium, two fresh petitions were filed with the National Company…

ATO is the principal creditor in Doughnut Time founder’s bankrupt estate, owed $1 million, says trustee – SmartCompany.com.au

The trustee appointed to oversee the bankrupt estate of Doughnut Time founder Damian Griffiths says the Australian Taxation Office (ATO) is owed $1 million and other creditors have contributed to loans in the vicinity of $2 million. Raj Khatri of Worrells Insolvency confirmed this afternoon he has been appointed by debtors petition to oversee Griffiths…

Former Carillion finance directors expected to face investigation – The Guardian

The accounting watchdog is expected to announce an investigation into potential misconduct by two former finance directors at Carillion, the failed government contractor. The Financial Reporting Councils conduct committee is understood to have agreed that there are sufficient grounds for a probe into the conduct of Richard Adam and Zafar Khan. An announcement is expected…