Ombud advocates for return of temporary insolvency protections – The Mandarin

Australias Small Business and Family Enterprise Ombud is calling on the federal government to reactivate temporary insolvency protections that will help cushion small and family businesses during public health ordered lockdowns. The number of businesses going into administration increased by 75% in the last week of June 2021, according to new data released by CreditorWatch.…

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Jet Airways: Staff grouping seeks Scindias intervention to resolve issues – Business Standard

Jet Airways staff has sought the intervention of Civil Aviation Minister Jyotiraditya Scindia in addressing their issues with respect to the resolution plan of the Jalan Kalrock Consortium TopicsJet Airways|Jyotiraditya Scindia|Aviation ministry A grouping of Jet Airways staff has sought the intervention of Civil Aviation Minister Jyotiraditya Scindia in addressing their issues with respect to…

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UK High Court declares Vijay Mallya bankrupt: What the ruling means for the businessman on the run – Times Now

Vijay Mallya fled to the UK in March 2016. | &nbspPhoto Credit:&nbspPTI Key Highlights A bankruptcy trustee will oversee an investigation to determine the former liquor baron’s assets and liabilities, which will then be used to fulfil Mallya’s debt obligations Mallya has argued that the collapse of the airline was business-related, however, investigators have since…

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