Most clients of problem gambling counsellors were unable to pay their bills or debts. Photo: Financial Counselling Australia UntilĀ the day they sat in front of a counsellor, Sue* hadĀ no idea about the extent of her husband’s gambling addiction. On top of aĀ $73,000 credit card debt, he had used $70,000 from his self-managed superĀ fund. What’s worse,…
Image: Closed Pie Face store in Sydney via Wikipedia. Pie Face went into voluntary administration in 2014 while it was operating 70 company-owned and franchised stores within Australia. Following the closure of 20 outlets and a restructure of the business, Pie FaceĀ came out of administrationĀ early last year. After falling into receivership late last month,Ā the business…
By: PTI | Kolkata | Published:November 26, 2016 3:50 pm Institute of Company Secretaries of India (ICSI) has formed an Insolvency Professional Agency and had applied to the Insolvency and Bankruptcy Board for its registration.The Insolvency and Bankruptcy Code of India has got the Presidents assent and is now in place. ICSI thus has formed…
Institute of Company Secretaries of India (ICSI) has formed an Insolvency Professional Agency and had applied to the Insolvency and Bankruptcy Board for its registration. “The Insolvency and Bankruptcy Code of India has got the President’s assent and is now in place. ICSI thus has formed an Insolvency Professional Agency for which we…
Share this: Prime Minister Narendra Modi listens to finance minister Arun Jaitley during the Global Business Summit in New Delhi January 16, 2015. Credit: Reuters/Anindito Mukherjee Indias government is pushing state-owned steel, power and shipping firms to take over assets of private companies that have defaulted on loans, but faces resistance from them, leaving it…
For the past year, Hewlett Packard Enterprise Co. (HPE) has undergone a wide-scale transformation under CEO Meg Whitman. After its split from PC and printing giant HP Inc. (HPQ) last year, HPE has spun off two major business units, refocusing on key operations such as computer hardware and investing in new growth opportunities. A Year…