Our family has earned a bad reputation and we live in stress because of my fathers gambling addiction CREATIVE: AAMIR KHAN Sir, Im a son of a great father but he has the bad habit of gambling. His addiction has caused him great losses and weve asked him to quit numerous times but to no…
I work in warehouse and logistics coordination in the aviation industry earning almost Dh9,000. I have seven credit cards, which have been maxed out, and a personal loan. In total my liabilities are Dh170,000. I first moved here from the Philippines in 2011 and brought my family here in 2014. I started taking on credit…
Rei Agro Ltd * Says NCLT, Kolkata has ordered initiation of corporate insolvency resolution process * Says power of the board of directors stand suspended and such powers will be vested with Anil Agarwal * Says Anial Agarwal appointed as interim resolution professional to carry out all compliances * Says application for corporate insolvency resolution…
MUMBAI: Creditors of REI Agro, also tagged as a wilful defaulter by lenders, have initiated corporate insolvency resolution process against the company under the new Bankruptcy and Insolvency Law. The company, which has an outstanding loan of Rs 5200 crore has informed the stock exchanges that Surendra Joshi, an operational creditor, has filed an application…
Heres the good news: Valeant Pharmaceuticals has raised $US1.1 billion dollars in asset sales it will use to pay down debt. Its also taking this opportunity to refinance more of its $US30 billion outstanding debt load. Thats also the bad news. The stock is down over 4%, adding to its 20% slide over the last…
ROSS GIBLIN/FAIRFAX NZ Duke Carvell’s was a restaurant and bar in Swan Lane, Wellington. The owner of Duke Carvell’s has been made bankrupt – almost a year to the day since he closed the doors on the once popular Wellington restaurant. Michael Taylor Cole was declared bankrupt in the Wellington High Court on Tuesday, following an application by…