Singapore-based Chinese firm CCIC faces liquidation after layoffs – Dimsum Daily
Singapore-based Chinese firm CCIC faces liquidation after layoffs Dimsum Daily Read the original article here
Toys R Us collapses again, goes into administration – Inside Retail Asia
Toys R Us collapses again, goes into administration Inside Retail Asia Read the original article here
Subsequent Application U/S 95 IBC Is Barred Where Proceedings Against Same Personal Guarantor Are Already Pending: NCLAT, Chennai
The National Company Law Appellate Tribunal (NCLAT), Chennai bench comprising Justice Sharad Kumar Sharma (Judicial Member) and Jatindranath Swain (Technical Member) have held that where proceedings under Section 95 of the Insolvency and Bankruptcy Code (IBC) have already been initiated by one Financial Creditor, a subsequent application under the same provision by another creditor against…
Debaranjan Goswami
The Role of Insolvency Systems in Transforming Corporate Cultures: The Study of India Abstract An efficient insolvency system is key to the idea of creative destruction. Creative destruction is a process by which new innovations replace existing ones that are rendered obsolete over time. To sustain the process of creative destruction, there must be a…
Evaluation of the Reorganization Value of Delisted Companies – Lexology
Evaluation of the Reorganization Value of Delisted Companies Lexology Read the original article here
PDC darts star Rob Cross receives five year ban as director over £450k of unpaid taxes
Rob Cross, who won the PDC World Darts Championship in 2018, has been disqualified as a director for five years after his company went into liquidation with a tax debt of £450,000 Cross’ company failed to pay more than £450,000 in tax(Image: 2024 Getty Images) Rob Cross has been handed a five-year disqualification from serving…
Lilly’s at Eureka cafe shut down and placed into liquidation | The Courier
“The City of Ballarat was notified of the immediate closure and liquidation of Lilly’s Cafe at the Eureka Centre on Monday, 12 May. We are currently assisting the liquidators in their process,” said the council’s economy and experience director, Martin Darcy. Read the original article here
Tax evader leaves $2 million trail of debt
A tax-evading Southland school caterer has left a $2 million trail of debt after her company went bust. Debra Lee Monteith appeared in the Invercargill District Court on Tuesday and was sentenced to 11 months’ home detention on a single representative charge of aiding and abetting her company in failing to account for PAYE between…
China SCE Faces Liquidation Application for Subsidiary – TipRanks
China SCE Faces Liquidation Application for Subsidiary TipRanks Read the original article here
Corporate Law Crossroads: SC Shakes IBC Norms, Global Shifts Reshape Investment Landscape – ETLegalWorld.com
Corporate Law Crossroads: SC Shakes IBC Norms, Global Shifts Reshape Investment Landscape ETLegalWorld.com Read the original article here