Former England star Trevor Sinclair declared bankrupt after ‘burying head in sand’ over £36k tax bill The Sun Read the original article here
FORMER England star Trevor Sinclair has been declared bankrupt after “burying his head in the sand” over a £36,000 tax debt. The footballer made a fortune during his career with QPR, West Ham and Man City before becoming a pundit after he retired. 5 Trevor Sinclair has been declared bankruptCredit: News Group Newspapers Ltd 5…
Stock Market Today: Gensol Engineering share price slipped and hit lower circuit on Friday on news flow pertaining to NCLT admitting IREDA’s plea for insolvency in ₹510 crore default. Check details IREDA’s action against Gensol Engineering On the basis of a plea submitted by the state-run Indian Renewable Energy Development Agency Ltd or IREDA, which…
Insolvencies tipped to rise amid Tax Office crackdown The West Australian Read the original article here
The Ahmedabad bench of the National Company Law Tribunal, has admitted the insolvency plea filed by Indian Renewable Energy Development Agency’s (IREDA) insolvency plea against Gensol Engineering, on Friday, June 13. The NCLT has directed for initiation of insolvency proceedings against the company. The tribunal has also directed for the appointment of interim resolution professional…
A Management Consultant who secured two Covid Bounce Back Loans – totalling £80,000 – having twice significantly overstated his company’s turnover has been disqualified for 11 years. Romain McLean was the sole director of RMC Associates Limited, registered at Kingston Road in Wimbledon. He applied for a £30,000 Covid Bounce Back loan for his business…
Gensol Engineering insolvency: NCLT admits Ireda’s plea on ₹510 crore default Mint Read the original article here
On May 7, the Securities Appellate Tribunal (SAT) refused to stay SEBI’s interim order. The Appellate Tribunal directed Gensol to file its reply to the interim order passed by SEBI and further directed the markets regulator to pass a final order within four weeks of hearing Gensol. On May 28, NCLT ordered for freezing of bank…
The Ahmedabad bench of the National Company Law Tribunal on Friday admitted Gensol Engineering Ltd. into insolvency on a plea filed by the Indian Renewable Energy Development Agency Ltd. While the company has formally entered the corporate insolvency resolution process, an interim resolution professional is likely to be selected from the Insolvency and Bankruptcy Board…
(Bloomberg) — Bankrupt auto-parts supplier Marelli Holdings Co. won court approval to borrow $518.9 million to help fund its reorganization after delaying a request for some parts of a financing package questioned by a federal bankruptcy watchdog. The loan, which is being provided by Deutsche Bank and other senior Marelli lenders, will need to be…