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Insolvency
Australia
Worrells Solvency & Forensic Accountants
Discusses how dual insolvency appointments interact and impact creditors.
Worrells Solvency & Forensic Accountants
Discusses risks including ineligible for FEG, limited priority, inadequate qualifications and director duties & liabilities.
Worrells Solvency & Forensic Accountants
Courts are willing to give orders supporting administrators where they are seeking a strategy in the best interests of creditors.
Worrells Solvency & Forensic Accountants
Article discusses why owners should treat themselves as creditors of their own business.
Worrells Solvency & Forensic Accountants
Identifying indicators of insolvency or distress. Early assistance & intervention are key. Contains link to case with checklist.
Bartier Perry
A creditor has a right under the Insolvency Practice Schedule to request information from an external administrator.
Corrs Chambers Westgarth
The rent during administration is considered an expense "properly incurred" and ranks above ordinary unsecured debts.
Cooper Grace Ward
A 139ZQ notice can be a powerful tool for trustees in bankruptcy. They need to be taken seriously and acted on quickly.
India
Singh & Associates
The Ministry of Finance vide its Notification No. 11/2020 – Central Tax dated 21.03.2020 stated that those Registered persons who are undergoing the corporate insolvency resolution process under the provisions of the ...
Singh & Associates
An Ordinance was passed on 5th June 2020, by the President of India in furtherance to the announcement earlier made by Hon'ble Finance Ministry w.r.t suspension of Fresh cases to be filed under Section 7, 9 and 10 ...
Clasis Law
On 5th June, 2020, the President of India promulgated the much awaited ordinance, the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020 ("Ordinance"),...
ZBA
The insolvency process can be triggered either by a Personal Guarantor itself or by any creditor.
Singh & Associates
The spread of Coronavirus (COVID-19) pandemic across the globe followed by subsequent lockdowns has adversely affected business operations across the world.
S&R Associates
The Insolvency and Bankruptcy Code, 2016 (hereinafter "IBC") was hailed as a major reform in the insolvency landscape in India
Rajani Associates
In order to prevent companies to be dragged into insolvency under the Insolvency and Bankruptcy Code, 2016 ("Code") due to the present pandemic,…
Dhir & Dhir Associates
Prior to the advent of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (RDDB&FI Act), now known as Recovery of Debts and Bankruptcy Act (‘RDB Act'), ...
Indonesia
SSEK Indonesian Legal Consultants
The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008. As part of efforts to check the spread of the virus, the Indonesian government
Kazakhstan
GRATA International
Последние несколько недель социальные сети пестрят публикациями юристов о массо&
Kinstellar
This note discusses recent developments in Kazakhstan on the suspension of the initiation of bankruptcy proceedings.
GRATA International
On 11 May 2020, the President of the Republic of Kazakhstan Kassym-Jomart Tokayev at the session of State Emergency Commission ordered the suspension of the initiation of bankruptcy...
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