Retirees from St. Joseph’s, Fatima hospitals blame Catholic Diocese after fund is declared insolvent John Hill Journal Staff Writer jghilliii PROVIDENCE, R.I. About 100 St. Joseph’s and Our Lady of Fatima Hospital retirees marched in front of Superior Court and the Cathedral of Saints Peter and Paul Wednesday morning, protesting a legal effort to…
News Julia Irvine 18 Oct 2017 10:33am In what the Insolvency Service has described as one of the more bizarre cases of dishonesty and misuse of limited liability it has ever come across,… Read the full article at: http://economia.icaew.com/en/news/october-2017/sham-towie-company-director-faked-own-death
Moneycontrol News Education services firm Educomp Solutions has invited bids from potential resolution applicants for Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC). CIRP under IBC commenced against the company post an order on May 30, 2017 at the National Company Law Tribunal (NCLT). NCLT had appointed Sanjiv Agarwal as the…
Statistics released by the Australian Financial Security Authority (ASFA) today show the highest rate of bankruptcy among Australians since the June quarter 2016. The personal insolvency activity statistics for the September 2017 quarter show total personal insolvencies increased by 8% since the September quarter last year, including debt agreements increasing by 17.5% and personal insolvency agreements up…
A director faked his own death in an effort to avoid disqualification from running companies, the Insolvency Service has said. Bradley Trevor Silver, also known as Bradley Silva, is still being sought by the government agency after its lawyers were told he had taken his own life. The 49-year-old was disqualified from acting as a…
By M R Umarji Recently, the Delhi High Court blamed public sector undertakings for resorting to litigation with public money challenging arbitration awards. Such arbitration awards normally relate to assessment of the work completed for which a payment is to be made to the contractor or other enterprises undertaking infrastructure projects or other work. Public…
Year-on-year 14% rise in personal insolvencies in Wales 17 October 2017 From the section Wales Image copyright PA Image caption Spiralling debt has led to “record numbers” of people seeking help, says a charity The number of people declared insolvent in Wales rose by more than 14% last year, latest figures reveal. The increase prompted…
Image copyright PA Image caption Spiralling debt has led to “record numbers” of people seeking help, says a charity The number of people declared insolvent in Wales rose by more than 14% last year, latest figures reveal. The increase prompted stern warnings from debt advice groups, who said their debt caseload was at “record levels”.…
Kinetiko Energy has been forced to defend its 2017 annual report after the ASX quizzed the oil and gas explorer over a lack of information provided to the auditor regarding a joint venture. Kinetikos (ASX:KKO) auditor was unable to obtain sufficient evidence to provide an audit opinion on the annual report, leading the ASX to…
Vandana Ramnani Moneycontrol News The Union Housing and Urban Affairs Ministrys recommendation to the Ministry of Corporate Affairs that the Insolvency and Bankruptcy Code rules ought to be tweaked to make homebuyers primary secured creditors has been welcomed by troubled Jaypee and Amrapali homebuyers as a positive step but they are not sure whether the…