Controversial Sydney businessman Salim Mehajer, whose debts include an $8.6 million tax bill, has suffered a setback in his bid to have his bankruptcy annulled. Justice Michael Lee late on Thursday refused to grant the application for an interim order to “stay” the bankruptcy, ahead of a full hearing of his annulment bid in June.…
The number of people going bankrupt is expected to have jumped in early 2018 as households deal with post-Christmas debts and struggle to stretch credit limits further, according to an audit and restructuring firm. RSM predicts official figures for England and Wales will show a 14% year-on-year increase in the number of people being declared…
A town centre doctors surgery has closed with immediate effect after a GP was declared bankrupt. Health bosses have confirmed that the Abbey Surgery on Abbey Street in Accrington closed at the end of last week and that the situation was out of their control. A general practitioner at the surgery – Dr Alec Yolomoni…
By Press Association Published: 20:35 AEST, 26 April 2018 | Updated: 20:35 AEST, 26 April 2018 e-mail The number of people going bankrupt is expected to have jumped in early 2018 as households deal with post-Christmas debts and struggle to stretch credit limits further, according to an audit and restructuring firm. RSM predicts official figures…
Wipro, Indias third-largest software services exporter, reported on Wednesday fourth-quarter net profit slumped 20.5% from a year earlier to 1,800 crore after it made provisions for two insolvent customers. Wipros weak earnings contrast with the healthy profits posted by larger competitors Infosys and TCS. Earlier this month, Infosys said net profit for the fourth quarter…
A COURT hearing that ended in Salim Mehajer being declared bankrupt should have been adjourned because the controversial Sydney businessman was in jail at the time, his lawyer says. The former Auburn deputy mayor was declared bankrupt by a Federal Circuit Court judge in March, before he was granted bail in early April over claims…
A court hearing that ended in Salim Mehajer being declared bankrupt should have been adjourned because the controversial Sydney businessman was in jail at the time, his lawyer says. The former Auburn deputy mayor was declared bankrupt by a Federal Circuit Court judge in March, before he was granted bail in early April over claims…
A court hearing that ended in Salim Mehajer being declared bankrupt should have been adjourned because the controversial Sydney businessman was in jail at the time, his lawyer says. The former Auburn deputy mayor was declared bankrupt by a Federal Circuit Court judge in March, before he was granted bail in early April over claims…
A court hearing that ended in Salim Mehajer being declared bankrupt should have been adjourned because the controversial Sydney businessman was in jail at the time, his lawyer says. The former Auburn deputy mayor was declared bankrupt by a Federal Circuit Court judge in March, before he was granted bail in early April over claims…
The chief executive of Sydney telco South Western Wireless Communications Company has pinned the downfall of his company on his co-director’s decision to withdraw funding from the business. SWWCC director and former chief executive Geoffrey Peach told administrator Farnsworth Shepard that a cessation of funding from other director and chairman Peter Bartter was key to the company’s financial difficulties. …