ISLAMABAD: The ministry of textile industry has constituted a committee for the restructuring of Pakistan Central Cotton Committee (PCCC) for enhancing its performance, an official said on Friday. The restructuring committee comprises four members of the National Assembly, including Chaudhry Asad-ur-Rahman, Chaudhry Iftikhar Nazir, Sheikh Fayyaz-ud-din and Sajid Mehdi. Ministry of textile industry secretary and…
Move aimed at preventing at least 3 lakh disqualified directors of shell companies from entering the insolvency eco-system. Amid a crackdown on directors of shell companies, the government is considering to further tighten the scrutiny of candidates applying for the licences of insolvency professionals, in a bid to prevent unscrupulous elements from entering the critical…
These days volunteering to teach art classes at Bethlehem House keeps Robert Kreshl busy. But for 13 years Mr Kreshl was ruled by an addiction to poker machines. “It was a place for me to hide and hope to win enough money to get me out of trouble this vain, delusional hope,” he said.…
While Wall Street vultures circle amid an ongoing humanitarian crisis and try to entice Puerto Rico with “relief” offers in the form of more debt, advocates for economic justice are demanding immediate debt relief and federal stimulus spending to rebuild the island’s devastated infrastructure. “Puerto Rico needs immediate humanitarian assistance before many more lives are…
SIX former workers at liquidated Trend Interiors Carpet Court Mackay will end up thousands of dollars out of pocket unless government regulators step in, says the woman tasked with managing the fallout of the failed company. But the company’s liquidator BRI Ferrier principal Moira Carter is not optimistic the ASIC will give worker welfare priority,…
NEW YORK (Reuters) – Puerto Ricos government on Friday called moves by creditors of the islands bankrupt power utility to offer a $1 billion loan a publicity stunt, the latest salvo in a public back-and-forth on how to help the utility recover after Hurricane Maria. As Puerto Rico struggles with near total destruction of its…
What are the types of liquidation in Abbotsbury? There are essentially 4. Creditors Voluntary Liquidation. When a Company is Insolvent the directors and shareholders agree to voluntarily appoint a liquidator. Members Voluntary Liquidation. When a Company has no debt and is solvent and wants to voluntarily finalize the affairs of a company. Official Liquidation. A creditor applies…
What are the types of liquidation in Abbotsford? There are essentially 4. Creditors Voluntary Liquidation. When a Company is Insolvent the directors and shareholders agree to voluntarily appoint a liquidator. Members Voluntary Liquidation. When a Company has no debt and is solvent and wants to voluntarily finalize the affairs of a company. Official Liquidation. A creditor applies…
What are the types of liquidation in Aberdeen? There are essentially 4. Creditors Voluntary Liquidation. When a Company is Insolvent the directors and shareholders agree to voluntarily appoint a liquidator. Members Voluntary Liquidation. When a Company has no debt and is solvent and wants to voluntarily finalize the affairs of a company. Official Liquidation. A creditor applies…
What are the types of liquidation in Aberfeldie? There are essentially 4. Creditors Voluntary Liquidation. When a Company is Insolvent the directors and shareholders agree to voluntarily appoint a liquidator. Members Voluntary Liquidation. When a Company has no debt and is solvent and wants to voluntarily finalize the affairs of a company. Official Liquidation. A creditor applies…