New Companies Act, CIRA will turn fortunes of businesses – Registrar-General – Ghana Business News

Share this with more people! Jemima Oware Registrar-General Mrs Jemima Oware, the Registrar-General, says the implementation of the new Companies and the Corporate Insolvency and Restructuring Acts (CIRA) will turn the fortunes of businesses in the country in a positive direction. The Companies Act, 2019 (Act 992) and the CRIA 2020 (Act 1015) were passed…

National Health Co-op finds new operators after entering voluntary administration – The Canberra Times

More than 30,000 ACT health members left in limbo when their provider entered administration may have been given a reprieve after administrators found new operators courtesy of a court granting them more time. The nation’s peak medical body welcomed the news about the National Health Co-op (NHC), but it said the case should prompt the…

User guide on Corporate Insolvency and Restructuring Act launched – Graphic Online – Graphic Online

Mrs Jemima Oware (middle), Registrar General, making some remarks as Mr Felix Addo (left), President, Ghana Association of Restructuring & Insolvency Advisors, and Mr Hamidu Solo (right), Project Lead, International Finance Corporation, look on. Picture: NII MARTEY M. BOTCHWAY The Registrar Generals Department (RGD), in collaboration with its partners, has launched a soft copy of…

New Companies Act, CIRA will turn fortunes of businesses in Ghana Registrar-General – Modern Ghana

Mrs Jemima Oware, the Registrar-General, says the implementation of the new Companies and the Corporate Insolvency and Restructuring Acts (CIRA) will turn the fortunes of businesses in the country. The Companies Act, 2019 (Act 992) and the CRIA 2020 (Act 1015) were passed into law on August 2, 2019 and April 30, 2020 respectively, to…

Manolete Partners Says Performance to Date in Line With Management’s Expectations – MarketWatch

By Anthony O. Goriainoff Manolete Partners PLC said Tuesday that its performance to date has been in line with management’s expectations despite the effect of the Corporate Insolvency and Governance Act 2020, known as the “temporary measures,” which led to a fall in corporate insolvencies. The act came into force on June 26, 2020, and…

Melbourne Star faces $3.9m liquidation debt bill – The Age

The Melbourne Star observation wheel is facing a multimillion-dollar debt bill after it was forced to close, becoming the latest high-profile casualty of the COVID-19 pandemic. MB Star Properties Pty Ltd announced earlier this month the company was going into liquidation because travel restrictions and lockdowns had exacerbated financial struggles and made it impossible to…

Official liquidator to have investor class meeting with customers of defunct FMC’s – Myjoyonline

The official liquidator for the defunct Fund Management Companies (FMCs) will on Thursday, September 23 have an investor class meeting with customers of some defunct FMCs. A statement by the Registrar-General stated that all the creditors of the under listed companies are being invited to a virtual first creditor meeting on the scheduled time for…

Ease of doing business at risk if issue of appointments to tribunals is not resolved – The Indian Express

While hearing a challenge to the Tribunal Reforms Act, 2021, the Supreme Court came down heavily on the government of India. A bench headed by Chief Justice of India (CJI) N V Ramana observed that National Company Law Tribunals (NCLT), and the National Company Law Appellate Tribunal (NCLAT) are hamstrung by vacancies not being filled…