The World Bank has ranked India 136 for insolvency resolution in 2017, down from its position in 2016 despite the Indian governments hard push towards new insolvency laws. A new regime to deal with insolvency and bankruptcy has been established. In theory, it looks great. But the ills that plague Indias corporate world have not…
DetailsMPs have accused the former owners of turkey ham producer Bernard Matthews of “lining their own pockets” in a deal that saw the company’s defined benefit pension scheme fall into the Pension Protection Fund. On Saturday (13 April), the Work and Pensions select committee published letters from the firm’s administrator which revealed Rutland Partners, the owners, had…
DetailsAnalysts say that faster resolution of smaller cases would encourage investments in startups. In what could come as good news at a time when many startups are shutting operations, the Insolvency and Bankruptcy Board of India (IBBI) is considering a proposal to expedite the resolution of smaller and less complicated cases. This also includes those…
DetailsThe Insolvency and Bankruptcy Board of India (IBBI) is considering a proposal to expedite the resolution of smaller and less complicated cases, and those involving start-ups within 90 days.We are putting out a draft on this issue in a day or two, IBBI chairman MS Sahoo told FE. A final decision will be made in…
DetailsSignificant changes to the superannuation rules and the small business tax rate mean it’s worth paying a little extra attention at tax time this year. Here’s what any tax adviser worth their salt should be considering to help you reduce your tax bill and improve your savings. Make extra super contributions Major changes to super have…
DetailsWhen you start investing, there are a lot of things that can trip you up. On the plus side, thanks to the internet and books written by highly skilled investors, there is also very little that can?t be learned. Here is one thing every beginner needs to know about company debt: Its Size This is simply how…
DetailsWisconsin has one of the most unique state laws to assist residents with financial troubles. I would safely assume most debt advisers and lawyers have no clue about this little known program. But one attorney who does is Nathan DeLadurantey. So I asked Nathan if hed like to contribute a guest post and share his…
DetailsVANCOUVER, April 17, 2017 /CNW/ – Rockwell Diamonds Inc. (“Rockwell” or the “Company”) (TSX:RDI; JSE:RDI) provides an update to the interim liquidation order against three subsidiaries of the Company issued by a judge in Kimberley, South Africa, on March 23, 2017. The interim orders, which have yet to be confirmed in a final hearing, include Rockwell…
DetailsVANCOUVER , April 17, 2017 /CNW/ – Rockwell Diamonds Inc. (“Rockwell” or the “Company”) (TSX:RDI; JSE:RDI) provides an update to the interim liquidation order against three subsidiaries of the Company issued by a judge in Kimberley , South Africa , on March 23, 2017 . The interim orders, which have yet to be confirmed in a…
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