The Committee of Creditors of the Anil Ambani-owned Reliance Capital Ltd. has informed the National Company Law Tribunal that it will reschedule the ‘extended auction’ to Jan. 23. The auction was originally scheduled for Jan. 19.The CoC agreed to do this in light of Torrent Investments Ltd.’s pending challenge before the insolvency court. In a…
DetailsKATIE Price flashed a big smile as she returned from her 14th trip over the last 12 months. The former glamour model, 44, looked in good spirits as she landed at Manchester airport in the early hours of Wednesday morning. 4 Credit: BackGrid 4 Credit: BackGrid The bankrupt star looked chic in a classic black…
Details“It’s not a simple business, straightforward.” That’s what the trustee in the bankruptcy of a large greenhouse horticulture company said late last year. An initial bankruptcy report shows why. A whole range of companies are involved in the bankruptcy. The trustee, who requested the help of four additional trustees, also ended up in Dubai in…
DetailsThe new year is bringing challenges for many businesses. The BBC announced last week that the restaurant chain Byron Burger has said it will close nine restaurants and cut 218 jobs in another restructure of its business.According to the BBCs analysis of corporate insolvency notices, in December 2022 it found that 320 businesses in the…
DetailsMember Article Corporate insolvencies fell 3.25% in December 2022 to a total of 1,964 compared to Novembers total of 2,029. They were 31.9% higher than in December 2021 (1,489) and 75.5% higher than December 2019 (1,119). Personal insolvencies decreased by 20.4% to 8,339 in December 2022 compared to 10,473 in November. They were 1.3% lower…
DetailsNEW YORK, January 18, 2023–(BUSINESS WIRE)–DeFiYield.app has released their full 2022 Crypto Scam Report. This special yearly report covers the largest cryptocurrency hacks and scams of the year. We keep you safe and informed. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230117006201/en/ (Graphic: Business Wire) According to DeFiYields REKT database, the worlds…
DetailsGilbert + Tobin advised Roofoods Ltd in relation to the voluntary administration of its Australian subsidiary, Deliveroo Australia Pty Ltd.Andrew Knight, Craig Shepard and Michael Korda This content is for members only.Login to Read More Join Now PrintFriendly Read the full article at: https://globallegalchronicle.com/deliveroo-australias-voluntary-administration/
DetailsHONG KONG, Jan 18 (Reuters) – A Macau court sentenced a top gambling boss to 18 years in prison after he was found guilty of 162 charges, including enabling and operating illegal gaming, public broadcaster TDM reported on Wednesday. Alvin Chau was chairman of Macau’s Suncity junket operator – which brokered the gambling activity of…
DetailsFormer Suncity boss Alvin Chau must also pay the Macau government more than $HK6.5 billion. (AP PHOTO) A Macau court has sentenced a top gambling boss to 18 years in prison after he was found guilty of 162 charges, including enabling and operating illegal gaming, public broadcaster TDM reports. Alvin Chau was chairman of Macau’s…
DetailsGayatri Projects was admitted for CIRP proceedings after State Bank of India filed an application under Section 7 of the IBC claiming that the firm defaulted on Rs 242.33 crore loans. CR Sukumar January 17, 2023 / 08:06 PM IST Representative image. The lenders have invited expressions of interest (EoI) from the prospective resolution applicants…
Details