BRIEF-Bharati Defence & Infra announces initiation of corporate insolvency resolution process – Reuters

Liquidation

June 19 Bharati Defence & Infrastructure Ltd * Intimation of initiation of corporate insolvency resolution process (CIRP), appointment of interim resolution professional (IRP) Source text: bit.ly/2rHMWGk Further company coverage: ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Bankruptcy News ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v)…

Bad loan accounts: IDBI starts insolvency proceedings against Lanco Infratech – Deccan Chronicle

Liquidation

Mumbai: Insolvency proceeding against Lanco Infratech, one of the 12 loan defaulting banks identified by the Reserve Bank of India (RBI) has been started by IDBI. The proceeding comes on the heels of the RBI directing certain banks to take action against defaulting borrowers. According to the Economic Times, IDBI has initiated the proceeding under…

Debt Consolidation Insights Explained By National Debt Relief To Understand The Program Better – Benzinga

Debt Help

Debt consolidation is a great repayment program that helps consumers manage and put order in their debt payments and National Debt Relief shares valuable insight on the program with a recently published article. The materials released May 12, 2017 and titled “The Pros and Cons of Debt Consolidation” aims to help people understand the debt…

AsiaPhos undergoes internal restructuring – THE BUSINESS TIMES

Restructuring

CATALIST-LISTED company AsiaPhos Limited is carrying out an internal restructuring, which will involve the assets, operations and activities of its subsidiaries in Singapore, Hong Kong and China, it announced on Monday. The internal restructuring is to facilitate the reorganisation, streamlining and expansion of the group’s downstream business segment, which consists of the production and sale…

Attacker’s bankruptcy means assault victim Andrew Kent unlikely to see more than $800000 in damages – NEWS.com.au

Bankruptcy

A BUILDING supervisor who was assaulted at the Queen Elizabeth Hospital by an employee has been awarded more than $800,000 in damages, but is unlikely to see any money because his attacker is bankrupt. District Court Judge Rauf Soulio awarded former gyprocker and building supervisor Andrew Kent $815,624 in compensation for past, current and future…