Insolvency Advisory Accountants Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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Centre mulls new rules on financial resolution plans – Hindustan Times
The government is considering objective and transparent guidelines for committee of creditors (CoC) mainly banks and financial institutions -- signing
More directors seeking voluntary liquidation, says expert from R3 – Daily Echo
A RISING number of bosses have decided to close their businesses after spending well over a year trying to survive
Can Credit Card Companies Garnish Wages? Forbes Advisor – Forbes
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Tax assessment of IBC cases: IRPs, RPs and liquidators can appear before taxman, rules CBDT – BusinessLine
Interim resolution professionals (IRPs) and resolution professionals (RPs) have now got the formal recognition of income tax authorities for dealing
Covid effect causes year-on-year rise in South West insolvencies – Business Live
Corporate insolvencies continue to rise year-on-year according to insolvency and restructuring trade body R3 in the South West. Although the
Brides’ fury as Doncaster wedding venue goes bust – as boss pledges to help refund cash – Doncaster Free Press
Dominic Gibbs has deined being involved with Diamond Live Lounge when it closed and says he has been helping people
Rape drug businessman probed for bankruptcy – English – Agenzia ANSA
(ANSA) - MILAN, AUG 23 - A 50-year-old pharmaceuticals manager accused of drugging and raping a 21-year-old female student in
Wakefield McDonalds’ manager stole thousands from restaurant to pay off gambling debts, court is told – Wakefield Express
Lloyd Parker replaced the takings from the Cathedral Retail Park store with bits of cut-up newspaper after using the stolen
Delaware State Univ. to offer more debt relief to students – Delaware First Media
Delaware State University is providing a second round of debt relief to more than 1,100 students, using federal CARES Act
Corporate Insolvencies Fell Slightly in July Compared to June – Business News Wales
Corporate insolvencies fell slightly in July compared to June. But July was also the third consecutive month in which year-on-year
OpenShop channel in administration – TV Tonight
Two years after its launch on Ch. 75, shopping channel has entered voluntary administration. Home-shopping channel OpenShop went into voluntary
Does NCLT hold a magic wand to settle all insolvency-related issues? – BusinessLine
The National Company Law Tribunal (NCLT), was formulated under the Insolvency and Bankruptcy Code, 2016 (IBC) to deal with insolvency