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POPULAR ARTICLES ON: Insolvency/Bankruptcy/Re-Structuring from China
Director penalty notices and the family home
Worrells
Directors need to understand the personal ramifications if their company does not pay the DPN liability.
Examining director loan accounts amidst ATO's ongoing debt enforcement measures
Worrells
Issuing a DPN is one way the ATO seeks to compel a director to comply with tax and superannuation obligations.
New powers to combat phoenixing in NSW construction
Coleman Greig Lawyers
Phoenixing is liquidating a company to avoid debts and then resurrecting the business via a separate entity.
The 5 essential steps to take before appointing a liquidator
Rostron Carlyle Rojas
Liquidation should be a last resort to financial difficulties, so consider these steps first.
Supreme Court: Applicability Of A Right To Claim Set-Off During A Cirp Under IBC
Argus Partners
Applicability of set-off during a corporate insolvency resolution process ("CIRP") had been a vexed question. For instance, whilst the National Company Law Appellate Tribunal...
IBBI Amends Insolvency Resolution And Bankruptcy Process Regulations For Personal Guarantors To Corporate Debtors
Argus Partners
On January 31, 2024, the Insolvency and Bankruptcy Board of India ("IBBI") amended the IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019.
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