The punishment awaiting unrepentant fornicators remains a matter of speculation. What is not in doubt is the special kind of hell awaiting Cameron Clyne as he begins the torment of a protracted court dispute where the Israel Folau case is inevitably heading. Rugby Australias chairman told The Sydney Morning Herald he found the prospect painful…
DetailsAustralian Bank Macquarie has banned gambling with credit cards. It has become the first major Australian Bank to do so. Starting from Monday, all credit card transactions which are registered under a gambling and lottery merchant code will be blocked. The bank said that the new policy for credit card…
DetailsAndersch, one of Germanys leading restructuring advisory firms has joined FTI Consulting, a global US-headquartered consultancy. The deal sees FTI bolster its German and European restructuring division with around 90 consultants. We look forward to welcoming the entire Andersch team to FTI Consulting, said Steven Gunby, President and Chief Executive Officer of FTI Consulting. Anderschs…
DetailsPursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly note that the eighth meeting of CoC of Kwality Limited was convened and conducted as per the provisions of the Insolvency and Bankruptcy Code, 2016 (Code) on 29th June, 2019 at 12:00 PM at Regal Hall, Royal Plaza, 19,…
DetailsShutterstock/JOAT Islamic Banking share this article The loan will be used to finance the companys working capital and to meet other business requirements.…
DetailsFor Queensland mum Emily Banks, the first sign something was wrong came when her husbands tax return failed to show up. The entire $790 return had been garnished, and a call to the tax office revealed it was Centrelink who had taken it. This was at Christmas time last year, and the news came as…
DetailsLenders of Asian Colour Coated Ispat Ltd. (ACCIL) have approved the JSW Groups 1,550-crore bid to acquire the debt-ridden steel firm, sources said. ACCIL went into insolvency in July last year after the National Company Law Tribunal (NCLT) admitted an application by State Bank of India (SBI) to initiate the Corporate Insolvency Resolution Process (CIRP)…
DetailsLast week, the High Court dismissed an appeal in Carter Holt Harvey Woodproducts Australia Pty Ltd v The Commonwealth of Australia and Others[2019] HCA 20. Amerind Pty Ltd became insolvent in 2014, with $21 million in debts repaid to Bendigo and Adelaide Bank, leaving a receivership surplus of about $1.6 million. The Commonwealth of Australia…
DetailsLenders of Asian Colour Coated Ispat Ltd (ACCIL) have approved the JSW Groups 1,550 crore bid to acquire the debt-ridden steel firm, sources said. ACCIL went into insolvency in July last year after the National Company Law Tribunal (NCLT) admitted an application by SBI to initiate Corporate Insolvency Resolution Process (CIRP) for the company. The…
DetailsThe committee of creditors (CoC) of the Corporate Debtor, pursuant to the meeting held on May 30, 2019 and in terms of Section 22 (2) of the Code, resolved, with requisite voting share, to replace the existing Interim Resolution Professional with Mr. Anish N. Nanavaty as the resolution professional (RP) for the Corporate Debtor. Accordingly,…
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