New Delhi: Allowing the plea of consortium of lenders led by SBI, the National Company Law Tribunal (NCLT) today appointed interim resolution professional (IRP) to initiate bankruptcy proceedings against Monnet Ispat & Energy Ltd. The Mumbai bench of NCLT appointed Sumit Binani as IRP for carrying out the Corporate Insolvency Resolution Process (CIRP) of the…
South Korea reviewing restructuring of construction industry | Asian Legal Business South Korea reviewing restructuring of construction industry South Korea’s finance ministry said on Tuesday it plans to announce measur… Read the full article at: http://www.legalbusinessonline.com/news/south-korea-reviewing-restructuring-construction-industry/74684
Greece has sold debt to private investors for the first time in three years, a significant step towards gaining financial independence and exiting its third international bailout next year. The deal comes a month after euro zone finance ministers signed off on a new loan and sketched out measures to chip away at Greece’s debt…
LABOURS shadow education secretary has refused to say whether the party would give ANY help to debt-laden graduates after Jeremy Corbyn said he never promised to get rid of it all. Angela Rayner would not be drawn on how much financial help graduates would receive if any at all. Good Morning Britain Angela Rayner said…
Chemical waste from cooking drugs, carelessly discarded by Canberra’s own Walter White, led the authorities to Stanley Hou’s drug lab. The chemicals were picked up by water testers, who triggered a six-month search for the source of the contamination that uncovered a commercial grade clandestine drug lab capable of producing $10-20 million of MDMA. Busted: Stanley Hou,…
New Delhi Television (NDTV) has laid off several employees across the country as it restructures its resources, Outlook magazine reported on Monday. According to the report, while NDTV‘s editorial staff has attributed the layoffs to a shift towards mobile journalism, or MoJo, other sources have said that reason is that NDTV is…
25 Jul 2017 An independent lead has been appointed to review the funding framework for debt advice in the UK. Amber Ainsley PritchardContent WriterAs a content writer for Credit Strategy I produce breaking news … Amber Ainsley PritchardContent WriterAs a content writer for Credit Strategy I produce breaking…
The credit score is undoubtedly one of the most important aspects of any person’s finances and National Debt Relief aims to help consumers understand it a little better. The recent article titled “Credit Scores: How Do They Come Up With Those Numbers?” released July 5, 2017 looks into some of the most important factors that…
Australian shares closed higher. Todays scoreboard: ASX 200: 5,726.60 +38.53 +0.68% All Ordinaries: 5,775.30 +37.27 +0.65% AUD/USD: 0.7944 +0.0021 +0.27% The ASX200 regained the 5700 mark and recouped Mondays losses. The miners and the big four banks all made up lost ground. The Commonwealth Bank added 0.85% to $84.28 and BHP was up 0.6% to…
Burnley-based brewery Moorhouse’s, whose beers include Pendle Witches Brew and New Order collaboration Stray Dog, is undergoing a business restructuring with five jobs at risk. The brewery said that the move “aims to establish a cost base in line with market conditions and create a new culture of flexible working across the business with a…