Amcor CEO Ron Delia thrives on Amazon structural shifts – The Australian Financial Review

Amcor chief executive Ron Delia says the packaging giant will be untroubled by the structural shifts in e-commerce as online giants such as Amazon upend traditional business models, with demand picking up for “smart” packaging. He said on Tuesday consumer goods companies are increasingly asking for more protective packaging, better authentification and there is a…

Tribunal: No time limit for loan recovery under IBC – Economic Times

The National Company Law Appelate Tribunal (NCLAT) has dismissed an appeal by builder Neelkanth Township against bankruptcy proceedings, saying its reference to a 1963 law that prescribes a time limit to initiate recovery of loans is not applicable. The decision may allow small-ticket lenders to recover their money. Several operational and smallticket lenders who had…

ATO maintains aggression on company wind-ups as big end of town targeted with confessional style reporting – SmartCompany.com.au

Insolvency experts say small businesses are doing it tough, but that wont stop the tax office and government bodies from stepping in to apply for company wind-up orders as the Australian Taxation Office continues its more aggressive pursuit of businesses. Figures collated from court insolvency records by Prushka Fast Debt Recovery suggest that 46% of wind-up…