NEW DELHI: With insolvency professional agencies getting registered, the Insolvency and Bankruptcy Code will become operational from tomorrow. The Code will help quicker resolution of cases and unlock value of assets, Mamta Binani, President, ICSI, the apex body of company secretaries, told reporters here today. “The entire Insolvency and Bankruptcy Code will be functional from…
Prime Minister John Key opened Callactive House in 2013, with then-Wellington City Council councillor John Morrison, and Callactive chief executive Rick Allan. The directors of a failed Wellington call centre who promised to create 2000 jobs have been declared bankrupt. CallActive was put into liquidation earlier this month, following the collapse of its Australian arm. Its Australian-based…
The almost whispered words of a man of obvious previous wealth could barely be heard in the court as homelessness threatened to engulf him. Peter Cullen had represented himself in court. Peter Cullens home at 4, Fairways Park, Stillorgan Rd, Dublin, overlooking a golf course in one of the most desirable locations in Dublin, is…
I have nowhere else and I have no job. The words of a man who had been previously wealthy could barely be heard in the court . Peter Cullens home at Fairways Park, Stillorgan Road, Dublin, overlooking a golf course in one of the most desirable locations in Dublin is worth close on a 1…
Home > Judgments Dismissal of an oral renewal by a Trustee in Bankruptcy appealing the strike out of a claim under sections 23 and 24 of the Matrimonial Causes Act 1973. This was the oral renewal hearing (with a cross application) for leave to appeal the strike out of the claim of a trustee in…
Daily deals provider Groupon Inc. GRPN continues to exit international markets as a part of its restructuring plans. Fave platform developer KFit Group which acquired Groupon Indonesia in August recently acquired Groupon Malaysia. However, financial terms of the transaction were not disclosed. Last September, Groupon announced the restructuring plan under which it not only started…
A FORMER chairman of the Wye Valley NHS Trust resigned after being made bankrupt earlier in the year, it has been revealed. Museji Takolia stepped down as the chairman of the trust which runs hospitals in the county last month. The Individual Insolvency Register shows that Mr Takolia was declared bankrupt in July of this…
Shipments of discrete graphics cards for desktop PCs have shrunk by nearly two times since 2007 and competition between vendors intensified in the recent years. As a result, some companies have tried to diversify their business while others have had to leave. Last week Point of View BV, which was a known supplier of graphics…