Kolkata, Jan 12: Insolvency and Bankruptcy Board of India today said the new code is not meant to address any fraud on the part of company promoters but allows creditors and other stakeholders to go for health check of the corporate at the first available opportunity. The code is not going to address fraud and…
Wagga punter Ron Lee A Wagga punter has been embroiled in a gambling scandal that saw $111,000 traded on his online account without his knowledge. Removalist Ron Lee has accused a top William Hill executive of turning a blind eye to scammers, who gained access to his dormant account and made 185 bets. After raising…
More bumper retail results today with M&S reporting an increase in clothing and homeware sales over Christmas for the first time in two years. Surpassing expectations, sales in the division rose by 2.3 per cent. John Lewis also reported results this morning, revealing that Christmas sales increased by 2.7 per cent. Meanwhile, a demand for…
Windhoek-In tough financial times people often turn to debt consolidation to find a solution to their monthly cash-flow shortage. Debt consolidation is defined as taking out a new loan to pay off a number of liabilities and consumer debts, generally unsecured ones. However, there is the myth that debt consolidation will be the answer to…
Melodramatic feuds are integral to “fake news” politics, and few are more unconvincing than the venom between Marine Le Pen, the wannabe French President, and her father, Jean-Marie Le Pen. Their staged schism is crucial to project Front National, the attempt by a notoriously racist and anti-Semitic far-right party to deliver Frances next head of…
Insolvency and Bankruptcy Board of India (IBBI) on Thursday said the new code is not meant to address any fraud on the part of company promoters but allows creditors and other stakeholders to go for a health check of the corporate at the first available opportunity. “The code is not…
These eight Centrelink changes could cost you family in 2017. 28/04/16 Minister for Human Services, Alan Tudge MP holds a press conference in Melbourne where he released the government’s response to the O’Farrell review of illegal offshore wagering. Aaron Francis/The Australian. FRONTLINE staff in Centrelink branches around the country have been sent a directive not…
The numbers, taken from notices in the London Gazette, show that 1,174 companies, or groups of companies, entered into administration across the UK during 2016, compared with the 15-year low of 1,111 in the previous year. The peak was seen in 2009, following the financial crisis, when 3,376 companies went into administration. Blair Nimmo, KPMGs…
McAleese chief Mark Rowsthorn will try to restore the transport group’s reputation after it was renamed “Rivet” Cole Bennetts Collapsed transport group McAleese has emerged from administration and has been renamed Rivet with chief executive Mark Rowsthorn staying at the helm after equity holders were wiped out. Rivet will specialise in mining, energy and aviation fuelling…
New Delhi: The government is planning to conduct a national insolvency programme to train insolvency professionals registered under the insolvency and bankruptcy code. The insolvency and bankruptcy board of India (IBBI) will organize a series of workshops to be conducted by industry experts, said a person familiar with the development. Mint spoke to two people…