Akosua Puni’s FC Como declared bankrupt, set to be kicked out from Italian football – Ghanasoccernet.com

Mrs Essien Akosua Puni Akosua Puni Essien’s FC Como are set to be booted out from Italian football after being declared bankrupt by a Court in Como FC Como, a lower-tier side in Italia, which was purchased by Akousa Puni Essien, wife of former midfielder Milan and Chelsea, Micheal Essien through an auction for 237,000, have…

Tech Mahindra files insolvency petitions against 3 Reliance ADAG firms – The Indian Express

Written by Khushboo Narayan | Mumbai | Published:October 6, 2017 1:25 am Tech Mahindra and the three ADAG firms had signed a two-year service agreement in 2015. Tech Mahindra Ltd, one of Indias leading software services firms, has dragged three Reliance Anil Dhirubhai Ambani Group (ADAG) firms to the National Company Law Tribunal (NCLT) under…

SDAL Insolvency Resolution Plan: Post-NCLT order, eyes on tax authorities’ stance on SCL tax arrangement – The Indian Express

Updated: October 6, 2017 1:04 am The entire IBC process is time-bound. On admission of the CIRP application by NCLT, a resolution professional is appointed for conducting the process and the proposed resolution plan is approved by a CoC. The Insolvency and Bankruptcy Code 2016 (IBC) has been hailed as a landmark legislation by the…

High Court makes ruling that could have repercussions for hundreds of personal insolvency cases – Irish Examiner

By Ann O’Loughlin A debtor cannot seek a court review of a rejection of their proposed personal insolvency arrangement because the law requires any such review must be applied for by their Personal Insolvency Practitioner, the High Court has ruled. Ms Justice Marie Baker’s findings have implications for hundreds of cases which stand adjourned pending…

Tennis legend Boris Becker is selling his Wimbledon trophies ‘after racking up £44million in debt’ – The Sun

BORIS Becker is selling his Wimbledon trophies amid claims his debts have hit £44million. The BBC pundit, 49 three-time champ in the 1980s hopes his trio of silver gilt cups will net £1million. Splash News Boris Becker is claimed to have reached debts of £44million The move comes months after the German tennis legend, once…

Boris Becker ‘selling his Wimbledon trophies’ amid claims bankrupt tennis ace has debts in excess of £54million – Mirror.co.uk

Tennis great Boris Becker is reportedly selling his Wimbledon trophies, amid claims the German ace has racked up debts in excess of £54million. Becker, 49, was once worth £30million. But three months ago her was declared bankrupt over money owed to a bank. Now magazines Stern and Bunte claim that declaration was merely the start,…

Czech CSG to buy insolvent Serbian machinery maker IMK 14. Oktobar – SeeNews

Czech CSG to buy insolvent Serbian machinery maker IMK 14. Oktobar Jaroslav Strnad, owner of CSG; Source: Jaroslav Strnad’s Twitter profile BELGRADE (Serbia), October 5 (SeeNews) – Czech industrial group CSG has said it plans to acquire Serbian insolvent construction and agricultural machinery manufacturer IMK 14. Oktobar for an undisclosed sum. The creditors’ committee of IMK…