ATO tackles Glory owner for $946,880 – The West Australian
ATO tackles Glory owner for $946,880 The West Australian Read the original article here
Banxso's Liquidity and Security Offer Raise Questions About Liquidation Motives – MSN
Banxso’s Liquidity and Security Offer Raise Questions About Liquidation Motives MSN Read the original article here
Insolvency law refresher for financial institutions | Global law firm
Overview The pandemic has created significant financial and operating challenges for all Australian businesses. While interim government fiscal support measures, and temporary changes to the insolvency regime such as the six month suspension of insolvent trading liability for directors, have helped to calm the storm and delay mass new insolvency filings, the fiscal cliff is…
The new Corporate Insolvency and Governance Act: Implications for the energy and infrastructure sectors | Papua New Guinea | Global law firm
Introduction The Corporate Insolvency and Governance Act 2020 (the “Act”) came into force in June 2020. It introduced a number of temporary and permanent measures to restructuring and insolvency law which will affect creditors’ rights in the UK. The overarching objective of the Act is to promote the rescue of companies in financial…
Association: Credit insurers expect significantly more corporate insolvencies in 2024/25
German insurers are bracing themselves for significantly more payment defaults in the economic downturn and expect a noticeable increase in company insolvencies in 2024 and 2025. Trade credit and surety insurers will have to cover losses of almost one… Read the original article here
Nicheliving directors save failed company from liquidation – MSN
Nicheliving directors save failed company from liquidation MSN Read the original article here
Nicheliving directors save failed company from liquidation
Video: Nicheliving directors save failed company from liquidation Nicheliving directors save failed company from liquidation We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Dismiss Skip to sections navigationSkip to contentSkip to footer The directors of failed construction company Nicheliving have saved it from liquidation by buying it…
ATO tackles Glory owner for $946,880 – The West Australian
ATO tackles Glory owner for $946,880 The West Australian Read the original article here
Niche is still living: Creditors approve deal – The West Australian
Niche is still living: Creditors approve deal The West Australian Read the original article here
[IBC] Telangana HC Quashes Proceedings Against Ex-Director Of Company, Says IRP Had Already Taken Charge When Complaint Was Filed
The High Court of Telangana has delivered an important decision on the issue regarding criminal liability of Directors and corporate governance. In quashing the proceedings initiated against the petitioner (former Director of a pharmaceutical company), Justice K Sujana held that the petitioner could not be held responsible for alleged violations by the accused-company since he…