‘Bankrupt’ Danniella Westbrook steps out with £1300 Yves Saint Laurent clutch and £200 designer necklace at swanky … – The Sun

DANNIELLA Westbrook clothed herself in designer labels for a celeb party in London last night. The ex-EastEnders actress, who was declared bankrupt last year, appears to have solved her financial woes as she stepped out in a £200 Vivienne Westwood necklace and carried a £1,300 Yves Saint Lauren clutch to All So Pro bash hosted…

Lawyers ‘tell Boris Becker’s TV bosses – including the BBC – to pay his salary to THEM and not the tennis ace as … – Daily Mail

Former tennis ace Boris Becker is reportedly tens of millions in debt Insolvency lawyers are asking his employers to pay them, and not Becker Becker is employed by several TV channels, including Eurosport and BBC The 49-year-old German was declared  bankrupt in June this year By Allan Hall In Berlin for MailOnline and MailOnline Reporter…

DB Realty falls 7% after LIC Housing Finance files insolvency plea against co in NCLT – Moneycontrol.com

Moneycontrol News DB Realty fell over 7 percent intraday on Thursday as investors turned wary of the stock on the back of insolvency proceedings reports. LIC Housing Finance is believed to have filed insolvency plea against the company in the National Company Law Tribunal (NCLT), CNBC-TV18 reported, quoting news agency Cogencis. According to a report…

Vasupal appeals against Stayzilla insolvency – Times of India

TNN | Oct 12, 2017, 04:00 IST Chennai:Yogendra Vasupal, cofounder of beleagured home stay startup Stayzilla, has filed an appeal with National Company Law Appellate Tribunal, after insolvency proceedings were initiated against it by the National Company Law Tribunal, Chennai bench, by advertising agency Jigsaw Solutions. Challenging the NCLT’s order, Stayzilla’s petition said, “It is…

Insolvency board drafts rules for repayment plan – Economic Times

NEW DELHI: The working group constituted by the Insolvency and Bankruptcy Board of India has laid out draft regulations for repayment plan for individuals and firms declaring insolvency, providing a framework for resolution of personal insolvency. According to the draft regulations, the plan should include among other things the duration of repayment, implementation schedule and…

Nikkei’s 21-Year High Draws Twitter Response From ‘Rogue Trader’ Nick Leeson – TheStreet.com

Japan’s renewed market rally has taken stocks to the highest levels in more than two decades Wednesday and prompted a sardonic response from one of the financial market’s most notorious criminals. Nick Lesson, the infamous “Rogue Trader” who brought down Britain’s Barings Bank, the country’s oldest lender, after a complex fraud of fictitious transactions, phantom accounts and…

Insolvency Code: How Kirusa verdict curtails power of operational creditors, provides relief to debtors – Firstpost

The Supreme Court has come out with another important verdict in the Kirusa Software Private Limited v. Mobilox Innovations Private Limited case, after its landmark decision in the case of Innoventive Industries. This judgement has clarified the meaning of the phrase existence of dispute found under Section 8 (2) of the Insolvency and Bankruptcy Code,…