BEIJING – Chinese police have opened an investigation into Zhongzhi Enterprise Group after the debt-ridden financial giant declared itself insolvent. Police in Beijing, where the group is headquartered, said late Saturday they had opened an investigation into unspecified “alleged offences”, adding that they had taken measures against several suspects. Zhongzhi declared itself insolvent on Wednesday…
DetailsFormer Socceroos captain Lucas Neill has broken his silence after being acquitted of a charge related to his bankruptcy. In 2016, Neill was declared bankrupt in the United Kingdom after reports of a number of failed investments, despite earning millions from his football career which spanned from England, Turkey, United Arab Emirates, Australia and Japan.…
DetailsCompetition Authority is the enforcement authority for India. Read their profile For the first time in its history, the Competition Commission of India (CCI) has a woman chairperson in Ms Ravneet Kaur, who was appointed in May 2023. She will also be the first chairperson to have a full five-year term which is a welcome…
DetailsChinese police have opened an investigation into Zhongzhi Enterprise Group after the debt-ridden financial giant declared itself insolvent. Police in Beijing, where the group is headquartered, said late Saturday they had opened an investigation into unspecified alleged offences, adding that they had taken measures against several suspects. Zhongzhi declared itself insolvent on Wednesday with its…
DetailsChinese police have opened an investigation into Zhongzhi Enterprise Group after the debt-ridden financial giant declared itself insolvent. Police in Beijing, where the group is headquartered, said late Saturday they had opened an investigation into unspecified “alleged offences”, adding that they had taken measures against several suspects. Zhongzhi declared itself insolvent on Wednesday with its…
DetailsAussie starred for national team 96 times, made World Cup Also played for Blackburn, West Ham and Everton in EPL He was declared bankrupt in 2016, faced court this year Inside Ange’s Spurs: Listen to It’s All Kicking Off on how he transformed the club By Shayne Bugden For Daily Mail Australia Published: 13:14 AEDT,…
DetailsTrafigura joint venture Impala Terminals Group has bought an insolvent oil storage terminal in Rotterdam port as part of an upgrade plan. The trading giant said Impala acquired the HES Hartel Tank Terminal site at auction. No price was revealed, but Trafigura said the facility will be renamed Impala Energy Infrastructure Netherlands. The venture plans…
DetailsTrafigura joint venture Impala Terminals Group has bought an insolvent oil storage terminal in Rotterdam port as part of an upgrade plan. The trading giant said Impala acquired the HES Hartel Tank Terminal site at auction. No price was revealed, but Trafigura said the facility will be renamed Impala Energy Infrastructure Netherlands. The venture plans…
DetailsIn a significant ruling, the Supreme Court on Thursday upheld the constitutionality of IBC provisions on Personal Guarantors Insolvency Resolution, dismissing over 200 petitions that challenged their legal validity. A Bench of Chief Justice of India (CJI) D Y Chandrachud with Justices J B Pardiwala and Manoj Misra held that the provisions (Sections 95 to 100)…
DetailsNEW DELHI, MUMBAI : The Supreme Court on Thursday upheld key provisions of the Insolvency and Bankruptcy Code (IBC) including appointment of the resolution professional, denying relief for a set of personal guarantors who had challenged sections of the law. The court was ruling on 350 petitions by personal guarantors, including by Reliance ADA Group…
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