NCLT orders insolvency resolution process against Assam Company India – Economic Times

KOLKATA: The National Company Law Tribunal has ordered corporate insolvency resolution process against Assam Company India for defaulting Rs 596 crore in payments to Srei Infrastructure. The company, which is into multifaceted activities from tea plantation to oil & gas exploration, had guaranteed a Rs 100 crore loan taken by one Gujarat Hydrocarbon & Power…

Model Anna Ermakova, 17, bears a striking resemblance to bankrupt tennis legend father Boris Becker as she takes a … – Daily Mail

By Jason Chester for MailOnline Published: 03:26 AEDT, 3 November 2017 | Updated: 03:48 AEDT, 3 November 2017 e-mail 3 View comments Anna Ermakova went some way towards proving the apple doesnt fall far from the tree as she stepped out in London on Wednesday afternoon. The 17-year old model bore a striking resemblance to…

India’s Tafe, Mahindra eye tractor production in Serbia – agri min – SeeNews

BELGRADE (Serbia), November 1 (SeeNews) – Serbia’s agriculture minister Branislav Nedimovic said Indian companies Mahindra and Tafe are interested in manufacturing tractors in the country.  The government is in talks with potential investors in state-owned insolvent tractor maker Industrija Masina i Traktora (IMT) and one of them is Tafe, Nedimovic said in a video file posted…

The Sunshine Coast’s bankruptcy capital revealed – The Sunshine Coast Daily

BUSINESSES were hardest hit by financial collapse on the Sunshine Coast over the past four months with a sharp rise in business-related bankruptcies. Forty-four businesses on the Coast went bankrupt during the September quarter, up from 32 over the previous period. The Australian Financial Security Authority’s regional personal insolvency statistics show there were 35 bankruptcies…

The Sunshine Coast’s bankruptcy capital revealed – The Sunshine Coast Daily

BUSINESSES were hardest hit by financial collapse on the Sunshine Coast over the past four months with a sharp rise in business-related bankruptcies. Forty-four businesses on the Coast went bankrupt during the September quarter, up from 32 over the previous period. The Australian Financial Security Authority’s regional personal insolvency statistics show there were 35 bankruptcies…

The latest on insolvency safe harbour reforms – INTHEBLACK

Significant reforms to corporate and personal insolvency laws have divided opinion on safe harbour in Australia. By Shabnam Amirbeaggi FCPA Insolvent trading safe harbour reforms received royal assent on 19 September 2017. These amendments to the Corporations Act provide protection to company directors from liability for insolvent trading. The amendments apply to courses of…

Trustee Bar and Bistro has administrators appointed to company – Perth Now

PERTH’S tough hospitality sector has claimed another high-profile victim, with administrators being put into celebrated chef Scott Taylors Trustee bar and restaurant in Brookfield Place on St Georges Terrace in the CBD. Administrators from Cor Cordis were appointed on Monday to the company behind the Trustee and the Beaufort Street Merchant in Mt Lawley. The…

Insolvency ruling that couple can stay in home gives hope to hundreds of families – Independent.ie

STOCK IMAGE Insolvency ruling that couple can stay in home gives hope to hundreds of families Independent.ie A couple and their two young children can remain in the family home, after a judge dismissed a fund’s objection to their proposed personal insolvency arrangements (PIAs). https://www.independent.ie/irish-news/courts/insolvency-ruling-that-couple-can-stay-in-home-gives-hope-to-hundreds-of-families-36282665.html https://www.independent.ie/incoming/article36174649.ece/8a87c/AUTOCROP/h342/Court%20generic%20new.jpg Email A couple and their two young children can…