Insolvency

Decent Essays
Improved Essays
Superior Essays
Great Essays
Brilliant Essays
    Page 1 of 14 - About 140 Essays
  • Improved Essays

    transferor and the transferee in the case of unfair dismissals prior to transfer. Other matters included the consideration of negotiations in transfer related matters where there was no Trade Union recognition. Other changes included the employee right to resign and effectively claim unfair dismissal if material and detrimental changes to terms and conditions are created by the prevailing transfer. However in relation to insolvency the TUPE (1981) Regulations had no provision to deviate from fully protected terms and conditions. Consequently curtailing any effective attempts to reduce costs by reducing size of the workforce or to reduce the wages…

    • 1075 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Article Summary: SoundCloud Wants To Be The Next Spotify. Will You Pay? Strategic management depends on the conviction that an association ought to consistently screen inward and outside occasions and patterns so that auspicious changes can be made as required. An association must be prepared to do keenly recognizing and adjusting to change. Business is a high-stakes amusement. Strategic planning or activity to tackle quick and future issue and to move alongside changing condition is a vital…

    • 804 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The Insolvency and Bankruptcy Board of India (IBBI) controls and screens the exercises of the Insolvency Professionals (IPs) also as the Insolvency Professional Agencies (IPAs) with whom the Bankruptcy Professionals enlist themselves. The IBBI has set out the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 that set out the enlistment and qualification methodology of the Insolvency Professionals, brief surrender of declaration of enrolment, disciplinary…

    • 920 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Concept of Insolvency. Give a detailed explanation of the concept of insolvency. An insolvent company is one that is unable to pay off its debts when their payment is due. The three most common corporate insolvency procedures are voluntary administration, liquidation and receivership. Voluntary administration is an insolvency procedure where the directors of a financially troubled company or a secured creditor who is in charge of most of the company’s assets appoint an external administrator.…

    • 2403 Words
    • 10 Pages
    Great Essays
  • Great Essays

    Securitization Case Study

    • 1526 Words
    • 7 Pages

    will repay the capital at maturity For instance, if the value of the purchased securities is €100,000, and the cds is 120 basis points, that means that A has to pay €1200 every year in order to be sure of the refund. The "premium" received or paid to exchange a CDS contract is equal to the "spread" (the differential yield between the Interbank rates). The CDS aims to transfer the credit exposure of fixed income products between the parties and is, therefore, a credit derivative contract. As…

    • 1526 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    However, any assessment which directors may have made as to ability of company to pay its debts is irrelevant whether they were aware of insolvency of the company. (Powell v Fryer (2001)) If a person is in the position of director in the company, ability to be aware of reasonable grounds for suspicion of insolvency / future insolvency is expected. (s 558G (2) • Susan was aware of account payable were post-dating cheques and had reasonable grounds for suspecting company’s financial position is…

    • 1076 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    A company can enter liquidation in one of two ways. 1. By compulsory liquidation, or 2. By voluntary liquidation What is compulsory liquidation? Compulsory liquidation is when a winding up petition is presented to the court and served on the company. A petition can be made by the company itself its directors or any creditor. A company can be placed into compulsory liquidation for a number of reasons. This includes: 1. Its inability to pay its debts; 2. It being just and equitable to…

    • 1049 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    conventional bank operates in higher leverage compares to capital that they hold. In contrast with Islamic banks, they are required to hold higher capital due to the unique variation of risk that they carry in their business. However, general confusion about this two issues always arise, since capital always being misled as asset which being ‘held’ or ‘set aside’ by bank. Although they are related to each other, the attributes of both is different thus, it brings different impact which explained…

    • 1453 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    95% of the empirical papers look at the conflict between the managers and shareholders while others look at conflicts between the debt holders and shareholders. Both are equally important to explain how the agency theory and the Trade-off theory of capital structure are related with each other. Direct cost of financial distress refers to the insolvency cost of a company. Once the proceedings of insolvency start, the assets of the firm may be needed to be sold at a distress price, which is…

    • 719 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    the best interest of the company. Here Karen and jones breached the director’s duty of good faith by taking the loan and also Turner breached the duty of good faith best interest of the company by transferring the contract to his friend’s company. According to SECT 182, a director of a company must not improperly use their position to acquire benefit for themselves or anyone else, or cause detriment to the company. A director contravenes this section when involving in conduct with the…

    • 1890 Words
    • 8 Pages
    Great Essays
  • Previous
    Page 1 2 3 4 5 6 7 8 9 14