Posts Tagged ‘inaugurate’

No insulation from disqualification for director who failed to account for missing assets and funds

Comments Off | 12-15-2015

An investigation by The Insolvency Service found that Mr Rushton had failed to account for more than £90,000 assets purchased by his company and had transferred in excess of £122,000 to his partner at a time when he knew the company owed customer money it had received erroneously and had no prospect of repaying. The

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Milton Keynes bankrupt censured for giving house to her husband-to-be and hiding the fact from the Official Receiver

Comments Off | 12-15-2015

She was also ordered to pay a contribution towards the prosecution costs of £1,000.00. This was following a hearing at Aylesbury Crown Court after pleading guilty to transferring a residential property for no consideration to a man she married 10 months later and failing to disclose that disposal of property to the Official Receiver.
Ms Sykes

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High Court orders ‘£445 million’ companies into provisional liquidation

Comments Off | 08-3-2015

The petitions were issued following confidential inquiries carried out by Company Investigations, part of the Insolvency Service.
The Official Receiver has been appointed by the Court as provisional liquidator of the companies on the application of the Secretary of State. The role of the Official Receiver is to protect the assets and financial records of the

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£3 million to fund child sexual exploitation outreach service in Rotherham

Comments Off | 08-3-2015

The funding from the KPMG Foundation, the Department for Education, the Department for Communities and Local Government and Rotherham Borough Council will secure work for the next three years.
The children’s charity Barnardo’s, which has been working in Rotherham since September 2013, will employ a team of 15 specialist workers to help those who have been

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Lloyds share sales raise almost £14 billion for the taxpayer

Comments Off | 08-3-2015

The government has sold a further 1% shareholding in Lloyds Banking Group through the trading plan launched in December, taking the total raised for the taxpayer to almost £14 billion and reducing the government’s shareholding to below 14%. All sales are used to reduce the national debt.
Chancellor of the Exchequer, George Osborne said:
It’s fantastic news

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