The Australian Taxation Office recently announced that it will take timely and stronger action against small businesses with outstanding debts. With stricter ATO penalties looming, staying on top of your returns is now more important than ever. Aside from initial penalties and your tax debt accruing interest, being behind on payments can start to negatively…
NEW DELHI: The National Company Law Tribunal on Monday ordered the initiation of insolvency proceedings against fund starved Amrapali’s Sillicon City on a plea from Bank of Baroda and appointed Rajesh Samson of Deloitte as the Insolvency Resolution Professional to take control of the entity controlled by Anil Sharma. Amrapali is the second major real…
NEW DELHI: The Supreme Court on Monday stayed insolvency resolution proceedings against Jaypee Infratech on a plea by buyers of homes in its projects in Noida, restoring the developers original board of directors and ordering resumption of all consumer cases filed against the company and its promoters. The court issued notices to Jaypee, its parent…
HAMBURG, Germany, Sept. 4, 2017 /CNW/ – DEA Deutsche Erdoel AG, the international oil and gas company wholly owned by LetterOne, today announces the appointment of Maria Moraeus Hanssen as its new CEO and Chairman of the Management Board. The appointment is expected to take effect in January 2018, when Maria Moraeus Hanssen succeeds Thomas Rappuhn,…
Turn to any pink newspaper, or for that matter even a general one, it is very likely that the front page will have something on the goods and services tax (GST) or the bankruptcy law. Not surprising, since these are the biggest and most impactful reforms of recent years. The common thread between the two…
The National Company Law Tribunal (NCLT) has penalised corporate defaulters for attempting to misuse the moratorium provisions under the insolvency law to escape auction of assets by lenders under the Sarfaesi (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest) Act. Dismissing the insolvency petition filed by Neeta Chemicals, NCLT’s Hyderabad bench…
HAMBURG, Germany, September 4, 2017 /PRNewswire/ — DEA Deutsche Erdoel AG, the international oil and gas company wholly owned by LetterOne, today announces the appointment of Maria Moraeus Hanssen as its new CEO and Chairman of the Management Board. The appointment is expected to take effect in January 2018, when Maria Moraeus Hanssen succeeds Thomas…
Debt consolidation is one of the most popular debt repayment programs for consumers and National Debt Relief explains the advantages and even the downside to the program. The article titled “5 Pros And 5 Cons Of Consolidating Credit Card Debt” released August 28, 2017 takes a look at both sides to help consumers make better…
NEW DELHI: The Supreme Court on Monday stayed the insolvency proceedings against real estate firm Jaypee infratech at National Company Law Tribunal (NCLT), Allahabad at the instance of its financier IDBI. It also issued notice to embattled firm and others on a plea filed by homebuyers who have not yet received possession of their dream…
Chatpol said Bang Khun Thien resident who worked at a company manufacturing the kind of steel weight found tied to his feet drove his sedan to Wat Pom Kaew in Mueang Samut Songkhram on Friday night. He then sent his girlfriend, who lives in the neighbourhood, a message that his car was at the temple…