The resolution process for Essar Steel may undergo another round of bidding with sources indicating that both ArcelorMittal and Nu Metal could fail the eligibility test again after reconsideration of their applications by the committee of creditors (CoC) under the directions of Ahmedabad bench of National Company Law Tribunal (NCLT). Worlds largest steel maker ArcelorMittal…
By Australian Associated Press Published: 07:44 AEST, 23 April 2018 | Updated: 07:44 AEST, 23 April 2018 e-mail Disgraced Sydney businessman Salim Mehajer is expected to challenge a court which ruled him insolvent because “only God” has the power to declare him bankrupt. A Federal Circuit Court judge declared the property developer bankrupt in March…
The personal insolvency group said that while indebtedness among public sector workers had risen due to the squeeze on living standards from stagnant pay and inflation, police officers, firefighters and paramedics had seen the sharpest increases in their debts. Creditfix said that the average emergency services worker with debts saw them rise from £11,043 at…
Disgraced Sydney businessman Salim Mehajer is expected to challenge a court which ruled him insolvent because “only God” has the power to declare him bankrupt. A Federal Circuit Court judge declared the property developer bankrupt in March while he was in prison, having been refused bail over claims he staged a car crash and defrauded…
Disgraced Sydney businessman Salim Mehajer has launched a legal bid to overturn his bankruptcy, stating “only God” has the power to declare him insolvent. A Federal Circuit Court judge declared the property developer bankrupt in March while he was in prison, having been refused bail over claims he staged a car crash and defrauded an…
Disgraced Sydney businessman Salim Mehajer has launched a legal bid to overturn his bankruptcy, stating “only God” has the power to declare him insolvent. A Federal Circuit Court judge declared the property developer bankrupt in March while he was in prison, having been refused bail over claims he staged a car crash and defrauded an…
By Cecily Snowball For Mailonline Published: 10:34 AEST, 21 April 2018 | Updated: 10:41 AEST, 21 April 2018 e-mail 106 View comments Kerry Katona has reportedly arranged to have her ashes scattered in space after she dies. The reality star, 37, has been focusing on her impressive two-stone weight loss, but is now supposedly thinking…
Disgraced Sydney businessman Salim Mehajer has launched a legal bid to overturn his bankruptcy, stating “only God” has the power to declare him insolvent. A Federal Circuit Court judge declared the property developer bankrupt in March while he was in prison, having been refused bail over claims he staged a car crash and defrauded an…
Disgraced Sydney businessman Salim Mehajer has launched a legal bid to overturn his bankruptcy, stating “only God” has the power to declare him insolvent. A Federal Circuit Court judge declared the property developer bankrupt in March while he was in prison, having been refused bail over claims he staged a car crash and defrauded an…
Essar Steel owes around Rs 49,000 crore to banks, is the biggest asset on the block right now. New Delhi: ArcelorMittal and Nu Metal will get another chance to prove their credentials to take over Essar Steel, facing insolvency proceedings in bankruptcy court. The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Thursday…