First set of insolvency rules for corporate guarantors, individual businesses may kick in by Dec – Hindu Business Line

So far, reservations have been raised mostly on the threshold of 1,000 default that can trigger insolvency proceedings Kolkata, November 3:   The Centre is likely to introduce the first set of insolvency regulations relating to corporate guarantors and individual businesses that include proprietorships and firms, Ranjeeta Dubey, Deputy General Manager, Insolvency and Bankruptcy Board of…

Trustee Bar and Bistro, Beaufort Local placed into voluntary administration – Community Newspaper Group

TWO of Perths dining institutions have been placed into voluntary administration. On Monday afternoon, administrators took over the company behind the Trustee Bar and Bistro on St Georges Terrace and Beaufort Local, which was formerly known as Beaufort Street Merchant. Business owner Scott Taylor said the decision was not taken lightly. There is still some…

‘Insolvency rules for corporate guarantors, individual biz to be notified by Dec’ – Hindu Business Line

Kolkata, Nov 3:   The Centre is likely to introduce the first set of insolvency regulations relating to corporate guarantors and individual businesses that include proprietorships and firms, Ranjeeta Dubey, Deputy General Manager, Insolvency and Bankruptcy Board of India (IBBI), said. According to her, this will be the first phase of the regulations. Notification of rules…