Bankrupt? Proposed law may disqualify, bar you from holding public office – The Indian Express

Bankruptcy

By: PTI | New Delhi | Published:May 4, 2016 3:49 pm Finance Ministry officials said the government has accepted all the changes suggested by the Joint Committee, including on disqualification of the bankrupt. A bankrupt person would stand automatically disqualified from becoming a law-maker once the new legislation that looks to slash the time it…

Former family linked with failed vegetable processors Bunny Bites declare bankruptcy, leaving creditors few options – ABC Online

Bankruptcy

The creditors of failed Queensland vegetable processing business Bunny Bites are unlikely to be paid by the former owners, the Brent family. Bunny Bites was owned by John Brent, and his brother Peter Leonard Brent, when the business went into liquidation in 2013 owing more than $3 million to vegetable growers, wholesalers, and…