Aggregator confirms voluntary administration – The Adviser

A mortgage aggregation business has confirmed earlier today that broker commissions, including trail payments made by lenders, will not be impacted by the appointment of voluntary administrators. Award-winning aggregator eChoice confirmed that Geoffrey Reidy and Andrew Barnden of Rodgers Reidy have been appointed as voluntary administrators of eChoice Limited and 13 subsidiary companies, pursuant to Section…

NOOOO: Aussie Fashion Label Lover Goes Into Voluntary Administration – Pedestrian TV

Australian fashion label and purveyors of delicate lace Lover has gone into voluntary administration. Administrators from business management firm Ferrier Hodgson were appointed last Thursday 23rd November, and have called for buyers expressions of interest. Morgan Kelly, who along with Ryan Eagle has been appointed to manage the company, said via a media release that…

Messy fix: the amended insolvency code – The Hindu

November 27, 2017 01:02 IST Updated: November 26, 2017 23:02 IST “; var writeOnDocument = true; var skipOnDeviceValue = “[medium, small]”; var noSkipOnDevice = skipOnDeviceValue.length > 0; if(noSkipOnDevice) { if (skipOnDeviceValue.indexOf(“large”) > -1 && (isDesktop || isLargeDesktop)) { writeOnDocument = false; } if (skipOnDeviceValue.indexOf(“medium”) > -1 && isTablet) { writeOnDocument = false; } if (skipOnDeviceValue.indexOf(“small”)…

‘IBC risks economic hazard’ – The Hindu

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Most promoters out of bidding process, may challenge IBC ordinance – Moneycontrol.com

Beena Parmar  Moneycontrol News  The amended Insolvency and Bankruptcy Code may weed out the majority of promoters from bidding on assets undergoing court proceedings and could also deepen losses for banks. President Ram Nath Kovind gave his assent to an ordinance amending the Insolvency and Bankruptcy Code (IBC) on Thursday, barring errant promoters. While lawyers…

Insolvency ordinance: attempt to prevent moral hazard has created potential economic hazard, say lawyers – The Hindu

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President nod to Ordinance to amend Bankruptcy Code – The Hindu

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