Supreme court had earlier reserved its order on “interim reliefs” sought by various stakeholders (File) New Delhi: In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from…
A crisis-hit council is expected to cut vital services after being effectively declared bankrupt. Northamptonshire County Council will meet today to discuss a radical cost-cutting proposal in response to its £70 million budget shortfall. Proposals to be discussed include redundancies and radical cuts to areas including childrens services, road maintenance and waste management. Anne Longford, the…
NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…
NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…
NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…
NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…
Barry Ferguson, the former Rangers and Scotland football captain, has had his bankruptcy order over debts of more than £1 million discharged. Ferguson, 40, was declared insolvent last year. Records from the Accountant in Bankruptcy, Scotlands insolvency service, show that he was discharged from his bankruptcy on July 21 after co-operating with his trustee. The…
NEW data has revealed Bundaberg’s insolvency woes are far from over, with the number of individuals racking up debt in the region holding steady. Forty-seven insolvencies were filed in Bundaberg between April and June 2018, according to the Australian Financial Security Authority. The concerning figures show the number of insolvencies in the region has barely…
Homebase is preparing to announce the closure of up to 80 stores next week, with the probable loss of about 1,000 jobs. The loss-making DIY chain, which was bought by the restructuring experts Hilco in a deal agreed in May, is expected to file a company voluntary arrangement (CVA), a form of insolvency that enables…
Katie Price is facing the bankruptcy court today: PictyureRex Features As Katie Price continues to face alleged financial woes, the star is set to appear at the bankruptcy court today. The star was once said to be worth £45million, however shes scheduled to appear at the Rolls Building in London, part of the High Court,…