Paul James Manley (63), from Wembley, North-West London, was disqualified for 12 years on 11 December 2018 and his ban is effective from 1 January 2019. Incorporated in 1994, County West Commercial Services Ltd was an accountancy firm based in Hammersmith. Paul Manley was a director of the company and 13 years later, County West…
DetailsThe Sofia city court declared Bulgarian operator Max Telecom insolvent in a case opened at the request of local M Sat Cable over a BGN 116.2 million debt, writes SeeNews.com citing documents filed with the commercial register. Max Telecom failed to make two payments worth BGN 67.6 million to M Sat Cable as agreed in…
DetailsGurit has announced a revaluation of its operating profit potential for fiscal year 2018. Operating profit margin for the full year 2018 is now expected to come in at 6.5-7.5 % of net sales. Based on the recent business performance with continued losses in the Composite Components business, the Company revises its operating profit guidance…
DetailsChristmas travel plans for people who booked holidays with online travel agent Bestjet are in tatters after the company collapsed. The Australian Federation of Travel Agents issued a statement on Wednesday saying that the Brisbane-based company had gone into liquidation. Its website bestjet.com appears to have been taken offline, with a This page isnt working…
DetailsMy wife and I both work for reputed companies in Dubai, earning Dh8,000 each. However, we have debts of Dh285,000 between us; my debt burden ratio is higher as I owe about Dh160,000, while my wife owes about Dh120,000. My debts are: Card 1: Dh7,450 Credit card 2: Dh4,500 Credit card 3: Dh10,100 Loan 1:…
DetailsBy ON Ravi Last week, the principal bench of National Company Law Tribunal (NCLT), Delhi, dismissed a corporate insolvency application under the Insolvency and Bankruptcy Code, 2016 filed by HDFC against RHC Holding, on the ground that RHC Holding is a financial service provider and as such would not come within the ambit of the…
DetailsBudget airfare website Bestjet has collapsed just six weeks after it changed hands, sparking fears Australian travellers may be left stranded over Christmas. The Queensland-based companys website is currently offline, with the Australian Securities and Investments Commission (ASIC) listing its status as under external administration. 9News understands Bestjet Travel Pty Ltd was yesterday put under…
DetailsDate: 19.12.2018 Transport, postal and warehousing fifth-most likely sector to experience financial difficulty The Australian Securities and Investments Commission (ASIC) has released its insolvency statistics for the 2017-18 financial year, with the transport, postal and warehousing category recording 379 insolvencies for the period equating to…
DetailsMiniso Canada (various locations),a discount retailer thats like a Uniqlo-meets-Muji hybrid, is allegedly facing bankruptcy. According to a Miniso Group press release issued yesterday (December 17),the Chinese parent companies of the global chain have filed an applicationin the B.C. Supreme Court to begin bankruptcy proceedings for its Canadian division of variety stores that carry low-cost…
DetailsSay hello to 2019! Were here to help you easily make smart money moves this year so you can save more and spend more time doing the things you love. The holidays can be tough on your wallet. Between buying gifts, paying for expensive flights and dining out more than usual, you might be carrying…
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