Insolvency professionals appointed under the Insolvency and Bankruptcy Code (IBC) may not find it all that easy to contract out their duties to third party consultants or advisors (including non Insolvency Professional Entity) during corporate insolvency resolution process (CIRP) if the latest IBBI discussion paper is anything to go by. The Insolvency and Bankruptcy Board…
DetailsAnother patient, Jade Bruce, told The Sydney Morning Herald she was woken by Dr Blackstock midway though her surgery. I have tubes hanging out me, no clothes on, blood everywhere and there is my brother and neighbour on a large screen, she said. Ms Bruce said the doctor had rung them on a video call…
DetailsThe sudden rush to provide remote access to employees by restructuring network and security systems during the lockdown made India vulnerable to ransomware attacks in the third quarter of current year, according to cyber security firm Check Point Software Technologies. Due to the immediate push, several IT companies were unable to scale up their cloud…
DetailsMost of the people employed in the private or public sector take some kind of loans for buying home, vehicle or other reasons, among others. Some students take an education loan for pursuing bachelor, master degree or other professional courses. Nowadays, banks also offer the option of converting credit card outstanding into equated monthly instalments…
DetailsQueensland customers have helped bring iconic Australian brand Seafolly back from the brink after the swimwear retailer faced financial collapse during the COVID-19 crisis. The Sunshine State has accounted for more than forty per cent of Seafolly’s sales revenue in 2020 making Queensland the 45-year-old brand’s largest both in distribution of stores and revenue. Georgia…
DetailsGlobal institutions, creditors and lobby groups are scrambling to come up with ways of tackling what many fear will be a wave of sovereign debt crises in emerging economies in the coming year. The economic and financial consequences of the pandemic threaten to tip dozens of nations into a fiscal crisis and to leave many…
DetailsQueensland customers have helped bring iconic Australian brand Seafolly back from the brink after the swimwear retailer faced financial collapse during the COVID-19 crisis. The Sunshine State has accounted for more than forty per cent of Seafolly’s sales revenue in 2020 making Queensland the 45-year-old brand’s largest both in distribution of stores and revenue. Georgia…
DetailsQueensland customers have helped bring iconic Australian brand Seafolly back from the brink after the swimwear retailer faced financial collapse during the COVID-19 crisis. The Sunshine State has accounted for more than forty per cent of Seafolly’s sales revenue in 2020 making Queensland the 45-year-old brand’s largest both in distribution of stores and revenue. Georgia…
Detailsimage copyrightGetty Imagesimage captionMany face difficult choices between essential goods and paying the bills About 4.7 million households struggled to afford their telecoms bills this year, with more than a million having to cut back on items such as food and clothes in order to pay. It comes as the coronavirus pandemic has an impact…
DetailsA ‘valued’ employee of a Birmingham blinds manufacturer defrauded the company to pay off her mounting gambling debts – despite being given a 4,000 pay rise. Nicola Cunningham put Stratford Road-based UC Blinds in financial ‘peril’ with her actions, which have also damaged the morale among her former colleagues. The 33-year-old made a number of…
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