Rod Culleton Has Been Disqualified From Parliament After Being Declared Bankrupt – Huffington Post Australia

Former One Nation senator Rod Culleton has been officially disqualified from parliament almost three weeks after being declared bankrupt. Senate President Stephen Parry has informed Culleton and the West Australian Governor Kerry Sanderson that the federal Senate seat is now vacant. In December, Culleton became embroiled in a series of legal challenges which culminated in…

‘Insolvency and bankruptcy code is aimed at creating alertness for debtors and creditors’ – Hindu Business Line

Kolkata, Jan 13:   The insolvency and bankruptcy code is aimed at creating alertness and more vigilant debtors and creditors. It does not, however, intend to address the issue of corporate fraud or create a fear in promoters, MS Sahoo, Chairperson, Insolvency and Bankruptcy Board of India, said. Under the new bankruptcy code which received the…