Kolkata, Nov 3: The Centre is likely to introduce the first set of insolvency regulations relating to corporate guarantors and individual businesses that include proprietorships and firms, Ranjeeta Dubey, Deputy General Manager, Insolvency and Bankruptcy Board of India (IBBI), said. According to her, this will be the first phase of the regulations. Notification of rules…
BIPEP went into liquidation in July, leaving 700 investors nursing losses. New papers filed with the Companies Office show that Ultan McCarthy of McCarthy & Co in Dublin has been appointed liquidator of the separate firm Brendan Investments Property Management Ltd (BEPM), a related business with separate owners that was established to manage the funds…
AFTER allegedly being deceived out of more than $500,000 by a Coffs Harbour accountant, the owners of Arc Attack Engineering are back on track with a new company. Woolgoolga locals Warren and Sheenah Whitten have begun trading as Arc Attack Fabrication, thanking locals for their support as they get back on their feet with their…
BIPEP went into liquidation in July, leaving 700 investors nursing losses. New papers filed with the Companies Office show that Ultan McCarthy of McCarthy & Co in Dublin has been appointed liquidator of the separate firm Brendan Investments Property Management Ltd (BEPM), a related business with separate owners that was established to manage the funds…
Source: Roy Morgan Single Source Australia, October 2014 September 2015, n=15,668; October 2015 September 2016, n=14,416; October 2016 September 2017. n=14,910. Base: Australians 14+. The Reject Shop is again Australias leading discount variety store with a customer satisfaction rating of 85.4% in September virtually unchanged from a year ago in 2016 and down only…
, ET Bureau| Updated: Nov 02, 2017, 11.13 PM IST The auto-component maker has failed to pay its vendor. MUMBAI: The New Delhi chapter of the National Company Law Tribunal (NCLT) has admitted Haryana-based Sandeep Axles Pvt for insolvency proceedings after the auto-component maker failed to pay its vendor. Operational creditor Regal Metal Ferro Alloys…
Scrip ends 4.5% higher; PE investor to invest 4,000 cr to pick up select branded oil biz Chennai, November 2: Global private equity major Devonshire Capital will pick up 51 per cent equity in Ruchi Soya Industries (RSIL) and acquire certain branded packaged oil distributions for 4,000 crore. The board of RSIL on Thursday approved…
NEW DELHI: The BSE benchmark Sensex gave a 400-point salute to Indias 30-slot promotion in the World Banks ease of doing business ranking. Indias ranking improved to 100th place in this years rankings from 130th a year ago. This was Indias fastest single-year jump ever, with eight of 10 key parameters showing improvement. The sharpest…
The Australian Securities and Investments Commission (ASIC) has lost a major case on appeal against the directors of a retirement home investment scheme, including former Howard government health minister Michael Wooldridge. The Full Federal Court overturned a lower court decision which disqualified and fined the five former directors of Australian Property Custodian Holdings (APCH)…
The FINANCIAL — Kosovo is among the top 10 economies worldwide with the most notable improvement in doing business reforms, says the Doing Business 2018 report, released on October 31 by the World Bank Group. This year, Kosovo ranks 40th out of 190 countries in ease of doing business, compared to 60th place…