RCMP
The RCMP have laid charges against a separated couple who allegedly declared that their snow removal business, Ottawa Diamond Construction Inc., was bankrupt even though the business appeared to remain solvent.
According to federal police officers, the pair, who are now divorced, declared the business bankrupt in 2015. They are alleged to have removed as much as $375,000 from the companys bank accounts. The RCMP allege that the business was not bankrupt and that the funds were misappropriated. The RCMP allege the money was taken just weeks before the couple declared the business insolvent.
Charges have been laid against the businesses former owners, under the Ban…
Read the full article at: https://ottawacitizen.com/news/local-news/rcmp-charge-ottawa-area-snow-removal-couple-for-allegedly-illegally-declaring-bankruptcy
17:16 28/01/2019
MOSCOW, January 28 (RAPSI) – The Commercial Court of Tatarstan has extended bankruptcy proceedings against VIM Airlines for six months, RAPSI has learnt in the court.
The republican commercial court has scheduled hearing of a bankruptcy receivers report on the results of the bankruptcy procedure for July 19.
On September 26, the court declared VIM Airlines bankrupt. The bankruptcy claim has been filed against the air carrier by the company RNGO. In August, the court granted an application filed by the company, including a 3 billion-ruble ($44 million) debt into the creditors demands list.
On October 17, 2017, a criminal case was launched over premeditated bankruptcy of VIM Airlines. In September of the same year the cour…
Read the full article at: http://rapsinews.com/judicial_news/20190128/294297724.html
A gambling problem has driven an elderly Annapolis County couple into bankruptcy for a fifth time, says a Nova Scotia Supreme Court registrar.
Gloria May Donaldson, 65, and Wayne Albert Ray Donaldson, 73, first filed for bankruptcy 40 years ago. The Deep Brook couple claimed overextension of credit and significant home renovations as the reason for the most recent filing, states a court document released on Jan. 25.
They did not list gambling. There is no question on the evidence before me that this was a major contributor to, if not the precipitating factor in, this fifth insolvency, wrote registrar Raffi Balmanoukian in his decision.
There is no question the Donaldsons have had a lon…
Read the full article at: https://www.thechronicleherald.ca/news/gambling-problem-leads-to-fifth-bankruptcy-279344/
The number of people going financially insolvent is predicted to have jumped to levels not seen for at least six years in official figures released on Tuesday.
The Insolvency Service is due to release figures showing how many bankruptcies, debt relief orders (DROs) and individual voluntary arrangements (IVAs) took place in the fourth quarter of 2018 across England and Wales.
Audit firm RSM expects the figures will show that more than 109,000 insolvency cases took place across the whole of last year.
Alec Pillmoor, a personal insolvency partner at RSM said: We anticipate that the number of personal insolvencies in 2018 will be in excess of 109,000, which is not only a 10% increase over the previous year, but an annual total not seen for six …
Read the full article at: https://uk.finance.yahoo.com/news/number-people-going-financially-insolvent-124332681.html
The RCMP have laid charges against a separated couple who allegedly declared that their snow removal business, Ottawa Diamond Construction Inc., was bankrupt even though the business appeared to remain solvent.
According to federal police officers, the pair, who are now divorced, declared the business bankrupt in 2015. They are alleged to have removed as much as $375,000 from the companys bank accounts. The RCMP allege that the business was not bankrupt and that the funds were misappropriated. The RCMP allege the money was taken just weeks before the couple declared the business insolvent.
Charges have been laid against the businesses former owners, under the Bankruptcy & Insolvency Act, after an investigation by the Integrate…
Read the full article at: https://edmontonsun.com/news/local-news/rcmp-charge-ottawa-area-snow-removal-couple-for-allegedly-illegally-declaring-bankruptcy/wcm/36d093cf-7d66-4f1b-bb15-b74e6bd17fa7
The number of people going financially insolvent is predicted to have jumped to levels not seen for at least six years in official figures released on Tuesday.
The Insolvency Service is due to release figures showing how many bankruptcies, debt relief orders (DROs) and individual voluntary arrangements (IVAs) took place in the fourth quarter of 2018 across England and Wales.
Audit firm RSM expects the figures will show that more than 109,000 insolvency cases took place across the whole of last year.
Alec Pillmoor, a personal insolvency partner at RSM said: We anticipate that the number of personal insolvencies in 2018 will be in excess of 109,000, which is not only a 10% increase over the previous year, but an annual total not seen for six …
Read the full article at: https://www.aol.co.uk/news/2019/01/28/number-of-people-going-financially-insolvent-predicted-to-rise/
With the reference to the above captioned subject, we hereby inform you that 15th meeting of the Committee of Creditors (CoC) will be held on February 02, 2019 at 11:30 am, at the State Bank of India, Stressed Assets Management Branch-II, Raheja Chambers, 1st Floor, B Wing, Free Press Journal Marg, Nariman Point, Mumbai- 400021.
This letter may be treated as communication under Regulation 30 and any other applicable provisions, if any, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source : BSE – www.bseindia.com
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/ushdev-international-ltd-corporate-insolvency-resolution-process-cirp-intimation-of-meeting-of-committee-of-creditors/article26112379.ece
Dear Sir/ Madam,
Sub: Notice of Seventh Meeting of Committee of Creditors (CoC) of Uttam Value Steels Limited (Corporate Debtor)
Pursuant to the provisions of Regulation 30 [Schedule III, Part A, Clause A (16) (g)] of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the Seventh meeting of the Committee of Creditors (CoC) of Uttam Value Steels Limited (Corporate Debtor) under the provisions of the Insolvency and Bankruptcy Code, 2016, is scheduled to be held on Wednesday, 30th January, 2019.
You are requested to take the same on record.
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/uttam-value-steels-ltd-corporate-insolvency-resolution-process-cirp-intimation-of-meeting-of-committee-of-creditors/article26112247.ece