Company Liquidation Does Not End Criminal Liability for TDS Default: Delhi Court – Daily Pioneer
Company Liquidation Does Not End Criminal Liability for TDS Default: Delhi Court Daily Pioneer Read the original article here
Company Liquidation Does Not End Criminal Liability for TDS Default: Delhi Court
The liquidation of a company cannot erase its criminal liability for failing to deposit tax deducted at source (TDS), nor can it shield the director responsible for the default from prosecution, a Delhi court has held. The Additional Chief Judicial Magistrate (ACJM), Central Delhi, made the observations while sentencing M/s Naftogaz India Pvt Ltd and…
Another airline shuts down, cancels all flights due to low demand – thestreet.com
Another airline shuts down, cancels all flights due to low demand thestreet.com Read the original article here
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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…
AF Enterprises exits CIRP, regains management control after NCLT order – scanx.trade
AF Enterprises exits CIRP, regains management control after NCLT order scanx.trade Read the original article here
Jobs saved as well-known York business is bought out of liquidation | YorkMix
A well-known York business that went into liquidation has been saved and is now trading under new owners. Rafi’s Spicebox is still operating from its Goodramgate shop following a restructuring deal designed to secure its long-term future. The original owners appointed insolvency practitioners from BTG Begbies Traynor on 29 June to oversee a company voluntary…
Exclusive: Company behind Elvis Evolution show collapsed owing more than £20m
The company behind immersive productions including Elvis Evolution and Jeff Wayne’s War of the Worlds: The Experience went into liquidation with debts totalling over £20 million, recent accounts show. A statement of affairs for Ellipsis Entertainment filed last week (20 August) also lists over 170 shareholders with holdings totalling over £20m, meaning the company collapsed…
BWX lands in voluntary administration, FTI hired
Bombed-out beauty and skincare roll-up BWX has landed in voluntary administration, after Street Talk revealed its lender CBA’s decision to stop relaxing covenants that expired on March 31. BWX shares are down 97.4 per cent since their peak in January 2018. Loading… Read the original article here
Delay in depositing TDS: Company under liquidation ordered to pay fine, MD to pay fine, undergo jail term – BusinessLine
Delay in depositing TDS: Company under liquidation ordered to pay fine, MD to pay fine, undergo jail term BusinessLine Read the original article here
German business bankruptcies hit 20-year high amid economic slowdown
While the bankruptcies of large corporations regularly make headlines, thousands of small and medium-sized enterprises often disappear from the market almost unnoticed ‘The crisis is now eating its way through the entire economy,’ expert warns Germany’s economy is in the throes of a deep crisis as approximately 188,000 companies ceased operations in 2025 which is…