A seven-member monitoring committee will soon begin to manage the day-to-day affairs of Jet Airways till the resolution process for the airline is completed, the airline said in a regulatory filing. The development follows bankruptcy court’s approval for the resolution bid jointly submitted by Murari Lal Jalan and Kalrock Capital for Jet Airways, the airline…
DetailsYour ref: FOI20/21-230 Date: 22 April 2021 Dear Re: Freedom of Information Act (FOIA) Request Thank you for your email of 26 March in which you requested from the Insolvency Service: I have been looking into average debt levels for personal bankruptcies and found some research published by yourselves Median Estimated Debt by Age Band…
DetailsKelham Hall Ltd, the company that owns the historic hall and grounds, has gone into liquidation, it has been reported. It throws into disarray many weddings and events that were scheduled to be held there, including the Welcome to the Asylum steampunk event in August It is understood suppliers and those with events booked at…
DetailsUnder HELP, repayments begin to be deducted from your salary at just 1 per cent this financial year once you earn $46,620. This ratchets up 10 per cent if your income hits $136,740. While you used to be able to escape repayments in periods where you were living overseas, worldwide income now counts, and the…
DetailsKhaitan & Co acted as legal counsel to the Resolution Professional (RP) of Sharan Hospitality Private Limited (SHPL) in the Corporate Insolvency Resolution Process (CIRP) of SHPL. Mr. Mahender Kumar Khandelwal was appointed as the Resolution Professional (RP) of Sharan Hospitality Private Limited (SHPL) by the order of Honble NCLT, Mumbai Bench. The Khaitan &…
DetailsDuring the peak years of the gold rush, Nevada City and Grass Valley had a combined Jewish population exceeded in California only by San Francisco and Sacramento. Some were miners, but many were shopkeepers. Rosenberg, Baruh, Rosenheim, Levy, Rosenthal, and Blumenthal were among the names associated with local Jewish businesses, as was Bailey Gatzert. Gatzert,…
DetailsEditorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Find Out If You Qualify For Debt Relief Free, No-commitment Estimate If youre having trouble managing your debt, you may be considering debt consolidation or debt settlement. Debt consolidation…
DetailsUnfortunately, the past year and a half of lockdowns and social distancing means that we are seeing a lot of companies go bust. There was simply too much of a burden placed on them during this tumultuous time even though there seems to be a light at the end of the tunnel. This relief has…
DetailsPolice raided Sergej Popov’s three-bed semi-detached home on Cotswold Grove at 8.15am on February 25, 2019, after neighbours reported smelling cannabis, said prosecutor Mark Knowles. They found 18 large plants in a tent in a bedroom and 36 smaller plants in a second tent, which had been grown over a two-month period. “He said he…
DetailsWe asked insolvency experts Tyrone Courtman and Mike Jervis to talk about the issues facing businesses that have survived the pandemic but remain in financial distress. What are the options for businesses that have been hanging on by a thread during the pandemic, but now face the prospect of failure as government support is scaled…
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