The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Arun Baroka (Technical Member) and Mr. Barun Mitra (Technical Member) has upheld the order of the Adjudicating Authority directing the suspended directors of the Corporate Debtor to return the Rs.32 lakh along with interest they had withdrawn during Corporate…
Scottish corporate insolvencies rise for second year in a row insider.co.uk Read the original article here
Corporate insolvencies in Scotland rise for second year in a row Accountancy Today Read the original article here
REVEALED | Fashion brand that was inspired by founder’s time at uni owes £0.5m David Johnston, founder of OutsideIn A Belfast-based clothing firm with a mission to collect items for the homeless from customers has gone into liquidation owing over £500,000, the Belfast Telegraph can reveal. According to Companies House filings, liquidators from Manchester-based FRP Advisory…
Executive Summary On 28 September 2022, the Federal Government, through the Parliamentary Joint Committee on Corporations and Financial Services (the Committee), commenced an inquiry into the effectiveness of Australia’s corporate insolvency laws in protecting and maximising value for the benefit of all interested parties and the economy (the Inquiry). See here the link to our earlier…
Singapore Corporate Insolvencies Reach Highest Level Since 2010 Bloomberg.com Read the original article here
Directors’ “Creditor Duty” in Singapore: Guidance for Creditors Ashurst Read the original article here
The Calcutta High Court bench of Justice Jay Sengupta has held that once a liquidation order against the Corporate Debtor is passed, all proceedings including those pending at the time of such order under the Foreign Exchange Management Act, 1999 (FEMA) cannot be continued, nor can any new proceedings be initiated, in view of the…
By MATT JONES FOR DAILY MAIL AUSTRALIA Published: 15:09 AEST, 24 April 2025 | Updated: 15:09 AEST, 24 April 2025 A lack of recent hailstorms is juone of the reasons why a national panel beating group has collapsed owing almost $5million to creditors. Seven companies operated by Action Smart Group are in liquidation with debts…
RoofBuddy founder’s previous venture was liquidated owing $2.2m Business Desk NZ Read the original article here