Father-of-two who failed to pay over €120,000 in tax receives suspended sentence
Sole trader Mark Aspland began to “bury his head in the sand”, court hears
Source: irishtimes.com
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Man who failed to pay over €120,000 in tax receives suspended sentence
Sole trader Mark Aspland began to ‘bury his head in the sand’, court hears
Source: irishtimes.com
Supreme Court Of India Endorses The Fresh Start On A Clean Slate Principle - Insolvency/Bankruptcy/Re-structuring
Satish Kumar Gupta and Others (Essar Steel case) held that allowing claims apart from those covered in a resolution plan to survive after the approval of a resolution plan militates against the rationale of Section 31 of the IBC. The Supreme Court held that the successful resolution applicant should be given an opportunity to take over and run the business of the corporate debtor on a clean slate. Accordingly, a resolution applicant should not be suddenly faced with 'undecided' claims which would throw into uncertainty the amounts payable by a resolution applicant to take over the business of...
Source: mondaq.com