Former Everton defender Neill declared bankrupt – Toffeeweb
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New Delhi, May 4: A bankrupt person would stand automatically disqualified from becoming a law-maker once the new legislation that looks to slash the time it takes to wind up a dying company or recover dues from a defaulter is enacted. According to a clause in the Insolvency and Bankruptcy Code, 2015, the bankrupt would…
DetailsBy: PTI | New Delhi | Published:May 4, 2016 3:49 pm Finance Ministry officials said the government has accepted all the changes suggested by the Joint Committee, including on disqualification of the bankrupt. A bankrupt person would stand automatically disqualified from becoming a law-maker once the new legislation that looks to slash the time it…
DetailsThe creditors of failed Queensland vegetable processing business Bunny Bites are unlikely to be paid by the former owners, the Brent family. Bunny Bites was owned by John Brent, and his brother Peter Leonard Brent, when the business went into liquidation in 2013 owing more than $3 million to vegetable growers, wholesalers, and…
DetailsGaurav Laghate, ET Bureau Apr 25, 2016, 01.05AM IST (“We have filed the listing) MUMBAI: The Sri Adhikari Brothers (SAB) Group, owned by Gautam and Markand Adhikari, has completed its business restructuring and is ready to list two new resulting companies TV Vision and SAB Events and Governance Now (SAB Events) on the bourses. These…
DetailsFarmers and self help groups of women in Andhra Pradesh can look forward to next instalment of promised funds from the Government in a day or two. Finance Department will release Rs.1,000 crore in a day or two under the debt redemption scheme for farmers. The remaining Rs.2,000 crore will be released by June-end to…
DetailsA FATHER-of-seven has been jailed for 14 months for setting up a cannabis farm to pay off a £25,000 gambling debt. Saghir Shahid, 40, was caught with 53 cannabis plants in a locked room at the family home in Blenheim Road, Manningham, Bradford, on December 14 last year. Prosecutor Lorraine Harris told Bradford Crown Court…
DetailsSports Authority is still pursuing a “robust” sale process and is not fully liquidating just yet, attorneys for the sporting goods retailer told a federal bankruptcy judge on Tuesday. Several parties have expressed interest in all or most of the Englewood-based company’s assets, attorney Robert Klyman told Judge Mary Walrath at a hearing in the…
DetailsThe government has ordered the insolvency watchdog to launch an immediate investigation into the circumstances surrounding BHSs slump into administration. The business secretary, Sajid Javid, instructed the Insolvency Service to consider the extent to which the conduct of the directors of BHS led to its collapse into insolvency last week, putting 11,000 jobs at risk.…
DetailsThe head office of collapsed Corporate Commercial Bank (KTB) in Sofia. The receivers of insolvent Corporate Commercial Bank (Corpbank or KTB) have made public a report tracking the assets of Bulgarias fourth-largest lender. An English-language version of the final report, prepared by UK-based consultancy AlixPartners in September 2015, had been initially submitted to Parliaments Secret…
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