When a little-known company Shiv Sneha Associates advertised that it would file bankruptcy proceedings against the NYSE-listed MakeMyTrip, valued at $3 billion, to recover its dues, it showed how a new law can become a tool to intimidate businesses. A number of frivolous petitions at the National Company Law Tribunal (NCLT), which administers the Insolvency…
Justin Shaw signed up to work as a police prosecutor because he wanted to make the community safer. But too often he just felt like a debt collector for a private company. The constant prosecution of toll road infringements weighed on his conscience. Play Video Don’t Play Tent city inappropriate: Berejiklian Play Video Don’t Play…
A SCOTS lawyer and former hedge fund manager accused of defrauding property investors out of millions of pounds has been declared bankrupt. Gregory King, of Glasgow, is accused by regulators of being behind an alleged £6 million property scam where investors money was used to buy land from him at massively inflated prices. Mr King,…