Former BHS owner Dominic Chappell bought BHS from Sir Philip Green for £1 in 2015 (Gareth Fuller/PA) Ex BHS owner Dominic Chappell plans to sue Philip Green and fight boardroom ban Independent.ie Former BHS owner Dominic Chappell plans to sue Sir Philip Green and contest a proposed boardroom ban in a bid to repair his…
RIVERSIDE MEATS has gone into voluntary liquidation and has insufficient money to pay the $622,526.46 bill owed to employees. But that figure is only a portion of almost $8 million owed to its creditors in total. In a letter to staff on Friday, liquidator Keith Sutherland said there was not enough money to pay employee…
BELOVED Yeppoon cafe Michel’s Patisserie has sadly gone into liquidation. The family patisserie which had traded for the past 10 years, was located in Yeppoon Central Shopping Centre, offering sweet treats, scrumptious savouries and award winning coffee, According to a press release from Worrells Solvency and Forensic Accountants, a company which provides insolvency administration, the…
Need clarity how home buyers will be protected The recommendations of the Insolvency Law Committee appointed by the Ministry of Corporate Affairs if accepted will give a fresh boost to the Insolvency and Bankruptcy Code 2016. In many of the companies where the Corporate Insolvency Resolution Process (CIRP) has been initiated, liquidation process has…
Small companies also account for a sizeable proportion of the organized sector workforce in the country. Illustration: Jayachandran/Mint Arvind Subramanian had once said that India has moved after 1991 from socialism without entry to capitalism without exit. The recent sight of some of the biggest Indian companies being put on the auction block by creditors…
Gambling physically alters the structure of the brain and makes people more prone to depression and anxiety, new research has shown. Scientists examining problem gamblers found they had more grey matter in and connections between regions linked to the mental conditions. They said the discovery could lead to new treatments for gambling addiction, through drugs…
High-profile barrister Charles Waterstreet has declared bankruptcy, casting doubt on his ability to continue practising at the Sydney Bar. The 68-year-old lodged documents with the Australian Financial Security Authority on March 13 and is now listed as an undischarged bankrupt on the national personal insolvency index. Charles Waterstreet applied for bankruptcy after he was ordered to…
Anticipating a difficult resolution for the Assam Company India Ltd, which is facing insolvency proceedings in the Guwahati bench of NCLT, the companys resolution professional, T Kannan has asked for an extension till July 23 from the tribunal to complete the process. The problem is on account of the debt…
Dalmia Cement is confident that its Rs 6,350 crore offer to buy Binani Cements Ltd (BCL) will be approved by the NCLT on the back of NCLAT directions to proceed the insolvency resolution as per the IBC, according to a top company official. Last week, the committee of creditors (CoC) of Binani Cement had decided…
Dalmia Cement is confident that its Rs 6,350-crore offer to buy Binani Cements Ltd (BCL) will be approved by the NCLT on the back of NCLAT directions to proceed the insolvency resolution as per the IBC, according to a top company official. Last week, the Committee of Creditors (CoC) of Binani Cement had decided to…