FASHION DESIGNER JOVIAN MANDAGIE DECLARED BANKRUPT – Bernama
FASHION DESIGNER JOVIAN MANDAGIE DECLARED BANKRUPT Bernama Read the original article here
M’sian Fashion Designer & Ex-PM’s Former Son-in-Law Declared Bankrupt Over RM5 Mil Unpaid Loan
Famous Malaysian fashion designer, Datuk Jovian Mandagie, was declared bankrupt by the High Court (Insolvency Division) yesterday (July 3) after failing to pay his loan. The total amount of the friendly loan from an engineering company is RM5.28 million. Senior Assistant Registrar Muhammad Faisal Zulkifli made the decision in today’s proceedings after allowing the creditors’…
Fashion designer Jovian Mandagie declared bankrupt
KUALA LUMPUR: Fashion designer Datuk Jovian Mandagie has been declared bankrupt by the High Court here over his failure to settle a RM5mil friendly loan to a company. Senior assistant registrar Muhammad Faisal Zulkifli issued the order against the former son-in-law of Datuk Seri Ismail Sabri Yaakob during a hearing of the creditor’s petition yesterday.…
Markets and Companies, The Baltic Course
1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>] 30.12.2020 What an irony of the destiny that in the year of its 25th anniversary an international magazine The Baltic Course is leaving the market of mass media. A website about business and analytical news of Baltic States shall remain in the World…
Record number of Japan ramen eateries went bankrupt in 2024
TOKYO – A record number of ramen noodle eatery operators in Japan went out of business in 2024, according to a research firm, as the food’s reputation for affordability limits room to raise prices amid soaring ingredient and utility costs. Also hit by climbing personnel expenses due to labor shortages, insolvencies among ramen business operators…
Fashion designer Jovian Mandagie declared bankrupt
KUALA LUMPUR (July 3): Fashion designer Datuk Jovian Mandagie was declared a bankrupt by the High Court on Thursday after failing to repay a friendly loan of RM5.28 million, including interest, to engineering construction company Cekap Air Sdn Bhd (Cekap Air). Senior Assistant Registrar Muhammad Faisal Zulkifli issued the order after allowing the creditors’ petition…
Sunnova, Wolfspeed Top 2025 Bankruptcies: Midyear Report
By Alex Wittenberg · July 3, 2025, 4:24 PM EDT Changes and uncertainty in U.S. federal policy have tipped major companies into bankruptcy this year, with residential solar company Sunnova, auto-parts maker Marelli and others blaming aggressive tariffs and shifting tax… To view the full article, register now. Read the original article here
Adani gets NCLT nod to acquire HDIL's BKC and Shahad assets via insolvency route – propnewstime.com
Adani gets NCLT nod to acquire HDIL’s BKC and Shahad assets via insolvency route propnewstime.com Read the original article here
NCLT Says Insolvency Can’t Override PMLA Probe
Rejecting the plea for dissolution of Shakti Bhog Snacks, which is under the lens of the Enforcement Directorate (ED) with a special PMLA Court taking cognisance of the complaint filed by the probe agency, NCLT said it “would amount to judicial overreach”. Last Updated : 03 July 2025, 16:06 IST Read the original article here
In Shakti Bhog ruling, NCLT lays down precedent for insolvency of firms facing money laundering probe
Additionally, the NCLT bench noted that the dissolution of the company, when it has been listed as an accused in the prosecution complaint under provisions of the Prevention of Money Laundering Act (PMLA, 2002), would frustrate the proceedings before the Special PMLA court, which has sole authority under the Act. The NCLT was deciding the…