New Delhi: The voluntary liquidation process for corporate insolvency is soon to be finalized. The third working group on bankruptcy held its final meeting on Wednesday to finalize draft regulations for fast track corporate insolvency resolution and voluntary liquidation under the Insolvency and Bankruptcy Code (IBC). The group is likely to submit its report by…
NDP MEETING: National Dairy Products (NDP) founder Tony Esposito has confirmed he has withdrawn the Deed of Company Administration (DOCA). Deloitte joint and several administrator Glen Kanevsky said NDP had informed him a deed of company arrangement (DOCA) had been withdrawn, nor would there be a revised document. There wont be a DOCA proposal, presented…
Troubled milk broking company National Dairy Products (NDP) will now go into liquidation. Deloitte joint and several administrator Glen Kanevsky said NDP had informed him a deed of company arrangement (DOCA) had been withdrawn, nor would there be a revised document. There wont be a DOCA proposal, presented to creditors, at the reconvened meeting, Mr…
Geoffrey Edlesten has told 9NEWS he wants his third ex-wife Gabi Grecko arrested if she returns to Australia, and claimed he has taken out an AVO against her. The 73-year-old businessman is embroiled in a dispute with the 27-year-old American model, and was this morning seen walking out of a police station on Melbournes Spencer…
Comments (0) A seriously ill father from Lincoln who had taken ecstasy at a music festival in Lincolnshire refused to be assessed by first-aiders after falling ill, an inquest has been told. A hearing is taking place into the death of Raymond Goy, who was found slumped against a post at the Alchemy Festival in Kirby…
MP for Edmonton, Kate Osamor EDMONTON MP Kate Osamor has backed calls for a scheme to help protect thousands of families being ravaged by debt. The Labour MP is supporting a new scheme called Breathing Spaces that would offer people seeking debt advice, a 12-month legal protection from mounting interest, charges and enforcement…
The true extent of UK Limited company directors lack of key business knowledge and their business fears have been revealed for the first time. A new survey of 250 UK limited company directors by CompanyHelp reveals shocking levels of misinformation, lack of understanding of key financial facts and also the precarious business situation UKs limited companies are…
FORMER farmer and disqualified WA Senator Rod Culleton has made an audacious visit to federal parliament this week, earning him the tight scrutiny of internal security guards. Mr Culleton flew into Canberra from Perth for the first day of federal parliament for the year, just days after being ruled ineligible to stand at last years…
In the past year, more than 120,000 Canadians were declared insolvent. You know the one thing they didnt have to give up? The creditors may have been breathing down their throats, looking to get their hands on any assets, but they wouldnt have been able to penetrate the legislative vault their Registered Retirement Savings Plan…
Two thirds of directors do not understand the Directors Loan Account properly A new survey of 250 UK Limited company directors by CompanyHelp with polling by Google Surveys reveals shocking levels of misinformation, lack of understanding of key financial facts and also the precarious business situation UKs Limited companies are in. According to the survey results…