REVEALED: Latest business liquidations in Ipswich – The Courier Mail
REVEALED: Latest business liquidations in Ipswich The Courier Mail Read the original article here
IDBI Bank moves NCLT against ZEEL again, company calls it abuse of law and harrassment
Zee Entertainment Enterprises Limited (ZEEL) has strongly opposed an insolvency application filed by IDBI Bank Limited before the National Company Law Tribunal (NCLT), Mumbai. The bank, claiming to be a financial creditor, has sought initiation of the Corporate Insolvency Resolution Process against the company under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016,…
Guidance issued as High Court clarifies rule for solvent liquidations
The Institute of Chartered Accountants in England and Wales (ICAEW), the Institute of Chartered Accountants of Scotland (ICAS) and the Insolvency Practitioners Association issued joint guidance at the end of August following a recent High Court decision imposing a strict “12-month rule” for MVLs. In a ruling in July, the High Court strictly interpreted…
Liquidation of pub firm and manufacturer forces North Wales council to write off £100k – North Wales Live
Liquidation of pub firm and manufacturer forces North Wales council to write off £100k North Wales Live Read the original article here
Tax dodging joiner gets suspended sentence
Robert Kurzawa was banned as a director for three years in 2017 after his RK UK Construction Ltd company went into liquidation owing more than £195,000 in tax. Kurzawa continued acting as a director of his separate RK UK Joinery Ltd company in all but name following his disqualification. RK UK Joinery Ltd was wound-up…
Access Denied
Access Denied You don’t have permission to access “http://www.business-standard.com/industry/news/idbi-bank-again-files-insolvency-plea-against-zeel-for-over-225-cr-default-125091000978_1.html” on this server. Reference #18.d1672817.1757510668.151f3530 https://errors.edgesuite.net/18.d1672817.1757510668.151f3530 Read the original article here
EPFO’s claim based on Inspection During CIRP is Not enforceable: NCLAT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the claims of the EPFO based on inspection conducted subsequent to initiation of the CorporateInsolvency Resolution Process (CIRP) are unenforceable and cannot be admitted. The Resolution Professional- CA Pankaj Shah filed appeals against the NCLT order.…
Bid to shutter clothing giant dismissed – The Australian
Bid to shutter clothing giant dismissed The Australian Read the original article here
No Cookies | The Courier Mail
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Zee Entertainment disputes IDBI Bank’s ₹225 crore insolvency claim, terms it fraudulent
Zee Entertainment Enterprises Limited on Wednesday (September 10) said it has received an insolvency application from IDBI Bank Limited before the National Company Law Tribunal (NCLT), Mumbai, seeking initiation of the corporate insolvency resolution process. The bank, claiming to be a financial creditor, has alleged a default of ₹225.23 crore. The claim is based on…